Incidentally, there was also a Greek football club called Aiolikos that was based in Smyrna (İzmir), around 1890, which would often play matches against teams of visiting British sailors.

With the Greco-Turkish War (1919–1922), many of the Greek inhabitants of the region emigrated to Lesbos, taking their sporting traditions and clubs with them.

Ιn 1978, was promoted in National Amateur Division (today Football League 2) and in 1982, they participated in Beta Ethniki.

The 2001–02 season was not good for Aiolikos, but they won on 25 May 2002, the Amateur Cup, afterwards the victory against Almopos Aridaia, final score 4–2.

They participated in that division until 29 December 2008, when they withdrew from 2008–09 season championship, due to unsolvable economic problems, and relegated to Delta Ethniki.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.