ðə ɹˈaɪvəlɹi stˈɛmz fɹʌmðə mˌæsɪdˈoʊniə nˈeɪmɪŋ dɪspjˈuːt, bˌʌt ˈɔːlsoʊ fɹʌmðə fˈækt ðætðə tˈuː klˈʌbz ɑːɹ sˌʌm ʌv pˈɜːθz lˈɑːɹdʒɪst ænd mˈoʊst səksˈɛsfəl ænd hæv ˈɔfən kəntˈɛstᵻd ˈiːtʃ ˈʌðɚ fɔːɹ sˈɪlvɚwˌɛɹ.
The rivalry stems from the Macedonia naming dispute, but also from the fact that the two clubs are some of Perth's largest and most successful and have often contested each other for silverware.