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The Busan I'cons football team was founded in 1983 in the city of Busan by the Daewoo corporation.
Originally called Daewoo, the side finished second in the 1983 K-League Championship behind winners Hallelujah. The club professionalized at the end of 1983 and for the 1984 season changed their name to Daewoo Royals.
The newly-named team lifted the Championship in 1984, and again in 1987 & 1991. At the end of 1995 when K-League sides were 'localizing', they adopted the name Busan Daewoo Royals and in 1997 lifted their fourth Korean championship.
Busan endured a few lean seasons entering the 2000s, but in 2004 Scottish manager Ian Porterfield led the team to FA Cup victory.
Club Honors
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