Ferencvárosi Torna Club, founded in Budapest on 3 May 1899 by Ferenc Springer and a group of residents of the city's ninth district, is best recognised through the symbols of its crest. The nine stripes (five green and four white) refer to the district number of Ferencváros, and the three letters E stand for the club motto: Erkölcs, Erő, Egyetértés (Morality, Strength, Understanding). The colours are green and white and the mascot is a green eagle. The nickname Fradi comes from the German name of the district, Franzstadt.
The football section was set up on 3 December 1900, and the club won its first Hungarian championship in 1903. The rivalry with MTK Budapest, known as the "Örökrangadó" (Eternal Derby) and regarded as the oldest in Hungary, dates from that season. On 12 February 1911 Ferencváros opened its stadium on Üllői Road, where Imre Schlosser scored the first goal. In 1912 Schlosser scored eight goals in a single match (11–3 against a side from the 3rd district), which remains a club record. Before the war the club also won the Mitropa Cup (1928, 1937). After the war the communist authorities treated it with suspicion: from 1950 to 1956 it played as ÉDOSZ SE and then Kinizsi, its colours were changed, and after the title of 1948/49 the next one came only in 1962/63. After the 1956 revolution the club regained its name and colours.
The golden era of the 1960s is associated with Flórián Albert, Hungary's only Ballon d'Or winner (1967). Albert played 351 matches for the club and scored 256 goals. Alongside players such as Máté Fenyvesi, Sándor Mátrai and Gyula Rákosi he led the side to the titles of 1962/63, 1964, 1967 and 1968. The club's all-time top scorer, however, is György Sárosi (351 goals between 1931 and 1948), and the record appearance holder is Péter Lipcsei (428 matches).
On the international stage Ferencváros remains the only Hungarian club to have won a major European trophy. On 23 June 1965 in Turin it beat Juventus 1–0 in the Inter-Cities Fairs Cup final, on its opponent's ground and in front of 40,000 spectators. The Italians were without two key players, Omar Sivori and Sandro Salvadore. The club played another final in that competition in 1968, losing to Leeds United, and in 1975 it reached the Cup Winners' Cup final, where it lost 3–0 to Dynamo Kyiv.
In 1995/96 Ferencváros became the first Hungarian club to reach the group stage of the renewed Champions League, after eliminating Anderlecht (1–0 away and 1–1 at home). In a group with Ajax, Real Madrid and Grasshoppers it finished third with 5 points, and its most memorable result was a 3–0 win in Zurich. After 2000 the club went through a crisis: in 2006 the federation withdrew its licence (a decision later deemed unauthorised), and Ferencváros spent three seasons outside the top flight. It won the second division in 2008/09 and returned to the elite.
The modern phase of its history is above all an unbroken run of seven championships in 2018/19–2024/25, won under a succession of coaches from Serhiy Rebrov to Robbie Keane, who took over in January 2025. The club played in the group stages of the Europa League (2019/20, 2021/22) and the Champions League (2020/21), and in 2025/26 it reached the Europa League round of 16, where it was eliminated by Braga. The title streak ended in May 2026, when Győri ETO won the league by one point over Ferencváros. The club did, however, win the Hungarian Cup after a final against Zalaegerszeg, its 25th triumph in the competition.
In total Ferencváros has won 36 national championships, 25 Hungarian Cups and six Super Cups, and holds the record in each category. Since 2014 it has played at a new stadium, built in 2013–2014 on the site of the previous ground on Üllői Road, which had carried the name of Flórián Albert since 2007. It was opened on 10 August 2014 with a match against Chelsea.