AE Larissa was founded in May 1964 after the merger of four local clubs. Nine years later it reached the top division for the first time, got relegated after two years and returned in 1978.
In the 1980s Larissa created a pioneering team featuring young players from the broader area of the Thessalia region and reached the Cup final twice (1982 and 1984) before winning its first trophy (the Greek Cup in 1985) and upsetting the order of Greek football through winning the championship in 1988 – a unique feat for a club outside Athens and Thessaloniki.
Furthermore, in 1985 Larissa advanced to the quarterfinals of the Cup Winners Cup, after eliminating Siofok of Hungary and Servet of Switzerland.
Yet later on Larissa lost the financial backing of the entrepreneurs behind it and slided to the third division, but started climbing back upward this decade, reaching A’ Ethniki in 2005. Its return to the country’s elite was confirmed with the triumph in the Cup final of 2007, when AEL beat Panathinaikos to lift the trophy for the second time.
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