The Pohang Steelers (Hangul: 포항 스틸러스) are a South Korean professional football club based in Pohang, North Gyeongsang Province that compete in the K League 1, the top flight of South Korean football. The Steelers were founded on 1 April 1973 and were originally called POSCO FC after the steel-making company POSCO, which still owns the club today. They are one of South Korea's most successful teams, having won the K League five times and the AFC Champions League three times. History The club was founded on 1 April 1973 as the Pohang Iron and Steel Company Football Club (POSCO FC). Initially a semi-professional club, they turned professional in the 1984 season and changed its name to POSCO Dolphins. A year later they renamed as the POSCO Atoms. In 1986 they won their first Championship, and enjoyed a great spell of domination in the league; between 1985 and 1998 they were continuously in the top four of the K League. In 1995 the club was renamed again, becoming the Pohang Atoms. This name change was an attempt to further strengthen local ties with the region, and in 1997 they adopted their current name, the Pohang Steelers. The team won the Asian Champions Cup in 1997 and 1998. In the 2000s, the club struggled near the bottom of the table, but bounced back to the forefront of South Korean football by winning the first stage of the 2004 K League Championship. The club qualified for the final Championship match of the 2004 season, but lost 4–3 on penalties to Suwon Samsung Bluewings. In 2007, the club won the Championship play-off by beating Seongnam Ilhwa Chunma, who finished in first place in the regular season of the K League. Pohang won the first leg 3–1 at home, and then traveled to Seongnam for the second leg game, recording a 1–0 victory to seal a 4–1 aggregate triumph. The Steelers had ended the K League season in fifth place, but then defeated Gyeongnam FC, Ulsan Hyundai Horang-i, Suwon Samsung Bluewings and finally Seongnam Ilhwa Chunma in the play-offs to win the championship. Pohang again made the play-offs in the 2008 season by finishing the season in fifth place, but were knocked out in their play-off game by Ulsan Hyundai after the penalty shoot-out. However, the club fared much better in the 2008 Korean FA Cup. After beating Seongnam Ilhwa Chunma in the quarter-finals,