The Busan I'Park 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 turned professional 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.
After Daewoo corporation suffered major financial dificulties in the late 90s, the team was acquired by I'Park construction, the domestic construction division of Hyundai. The team's name was changed to Busan I'cons (the "con's" referring to construction). At the start of the 2005 season, the team's name was again changed, directly to Busan I'Park.
Busan endured a few lean seasons entering the 2000s, but in 2004 Scottish manager Ian Porterfield led the team to FA Cup victory. Just six months later the team continued to show its improved form by claiming the first stage of the 2005 K-League Championship, though they were eventually eliminated by Incheon United in the playoff.
[edit] Club Honors
- Champions: 1984, 1987, 1991, 1997
- FA Cup: 2004
- Adidas Cup: 1997
- League Cup: 1997
- Asian Champions Cup: 1986
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