The Hyundai Horang-i club, owned by Korean corporation Hyundai, entered the K-League in 1984.
After winning their first championship in 1996, having rebranded themselves as Ulsan Hyundai Horang-i following their decision to consolidate the team in Ulsan, the club entered a dry spell. They finished runners-up in 2002 and 2003 as they started to emerge as a strong force, and won their second title in 2005.
Korean football legend Cha Bum-keun managed the club from 1991 to 1994.
[edit] Club Honors
- Champions: 1996, 2005
- Adidas Cup: 1998
- Korea Professional Football Championship: 1986
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