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Busan IPark
Busan IPark FC (Korean: 부산 아이파크 FC) is a South Korean professional football club based in Busan that competes in K League 2, the second tier of the South Korean football pyramid. They play their home games at the Busan Gudeok Stadium.
Busan IPark was founded as a semi-professional team in November 1979 by Saehan Motors. The club was one of the original five founding members of the K League and continuously competed in the first division from 1983 to 2015, when they were relegated for the first time. Initially, the club was called Daewoo Royals, in reference to the motor company that originally owned and financed it. Since the early 2000s, Busan has received financial backing from the HDC Group and its apartment brand IPARK, rebranding as Pusan i.cons and later as Busan IPark.
After topping the league for most of the 1983 season, Daewoo finished second in their debut season, losing the title by one point to Hallelujah FC after a goalless draw against Yukong Elephants in the Masan Series. In its second season, the club turned professional, renamed as Daewoo Royals, and clinched its first league title after defeating Yukong Elephants by an aggregate score of 2–1 in the 1984 K League Championship playoff.
Daewoo Royals headed into the 1986 K League season as continental champions after clinching the 1985–86 Asian Club Championship, becoming the first South Korean side to accomplish this feat after defeating Al-Ahli 3–1 after extra time in Jeddah, Saudi Arabia. Despite the continental success, the team suffered a poor season and failed to reach the 1986 K League Championship playoff after finishing fourth in the first round of the league and third in the second.
The Royals clinched their second league title after finishing atop the league with 46 points in the 1987 season. They won their third title in 1991 after finishing ten points clear of their nearest rivals that season, Hyundai Horang-i. The Royals' momentum didn't last as the club struggled in subsequent seasons, finishing at or near the bottom of the league.
At the end of the 1995 season, K League sides began the process of "localizing", and the club became known as Pusan Daewoo Royals (Korean: 부산 대우 로얄즈) in reference to its city of residence. In 1997, they won their fourth league title, becoming the first team to win the K League Championship four times.
Although the 1998 season marked the emergence of a forward Ahn Jung-hwan, the Royals finished mid-table. The club did however manage to qualify for the 1999 K League Championship playoffs after finishing fourth in the regular season. During the playoffs, the Royals managed to knock out Chunnam Dragons and Bucheon SK to secure the right to face the defending champions, Suwon Samsung Bluewings, but lost in the final 4–2 on aggregate.
As a company-owned club, the Royals' success was invariably linked to the health and success of its owner, Daewoo Corporation. In the early 2000s, the company parted ways with its once-successful sports franchise due to major financial problems that had accumulated since the late 1990s. IPark Construction, the domestic construction division of Hyundai, secured ownership of the club and acquired all of its history and records. The new owners not only renamed the club as Pusan i.cons, but also changed the club's home colours from blue to red and relocated the club from Busan Gudeok Stadium to Busan Asiad Stadium.
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Busan IPark
Busan IPark FC (Korean: 부산 아이파크 FC) is a South Korean professional football club based in Busan that competes in K League 2, the second tier of the South Korean football pyramid. They play their home games at the Busan Gudeok Stadium.
Busan IPark was founded as a semi-professional team in November 1979 by Saehan Motors. The club was one of the original five founding members of the K League and continuously competed in the first division from 1983 to 2015, when they were relegated for the first time. Initially, the club was called Daewoo Royals, in reference to the motor company that originally owned and financed it. Since the early 2000s, Busan has received financial backing from the HDC Group and its apartment brand IPARK, rebranding as Pusan i.cons and later as Busan IPark.
After topping the league for most of the 1983 season, Daewoo finished second in their debut season, losing the title by one point to Hallelujah FC after a goalless draw against Yukong Elephants in the Masan Series. In its second season, the club turned professional, renamed as Daewoo Royals, and clinched its first league title after defeating Yukong Elephants by an aggregate score of 2–1 in the 1984 K League Championship playoff.
Daewoo Royals headed into the 1986 K League season as continental champions after clinching the 1985–86 Asian Club Championship, becoming the first South Korean side to accomplish this feat after defeating Al-Ahli 3–1 after extra time in Jeddah, Saudi Arabia. Despite the continental success, the team suffered a poor season and failed to reach the 1986 K League Championship playoff after finishing fourth in the first round of the league and third in the second.
The Royals clinched their second league title after finishing atop the league with 46 points in the 1987 season. They won their third title in 1991 after finishing ten points clear of their nearest rivals that season, Hyundai Horang-i. The Royals' momentum didn't last as the club struggled in subsequent seasons, finishing at or near the bottom of the league.
At the end of the 1995 season, K League sides began the process of "localizing", and the club became known as Pusan Daewoo Royals (Korean: 부산 대우 로얄즈) in reference to its city of residence. In 1997, they won their fourth league title, becoming the first team to win the K League Championship four times.
Although the 1998 season marked the emergence of a forward Ahn Jung-hwan, the Royals finished mid-table. The club did however manage to qualify for the 1999 K League Championship playoffs after finishing fourth in the regular season. During the playoffs, the Royals managed to knock out Chunnam Dragons and Bucheon SK to secure the right to face the defending champions, Suwon Samsung Bluewings, but lost in the final 4–2 on aggregate.
As a company-owned club, the Royals' success was invariably linked to the health and success of its owner, Daewoo Corporation. In the early 2000s, the company parted ways with its once-successful sports franchise due to major financial problems that had accumulated since the late 1990s. IPark Construction, the domestic construction division of Hyundai, secured ownership of the club and acquired all of its history and records. The new owners not only renamed the club as Pusan i.cons, but also changed the club's home colours from blue to red and relocated the club from Busan Gudeok Stadium to Busan Asiad Stadium.