[1] The club was elected to the second tier of the Scottish Football League in 1921–22, earning promotion to the top flight in its first season after winning the Second Division.

Alloa Athletic first entered in the Scottish Cup in 1883, its best result reaching the quarter-finals on three occasions, the last in 1988.

However, recent research has produced information that states that The Alloa Football Club was formed on 6 August 1880 at a meeting held in McGechaen's Hall and instigated by James Rigg, who became the first captain.

The 1950s and 60s were not overly successful for the Wasps although the club did provide the game with John White who went on to play for Scotland and Tottenham Hotspur (where he was part of their famous Double winning side of the 1960–61 season).

The following season saw the team consolidate in the Second Division and also enjoy a 7–0 derby win over local rivals Stirling Albion.

Following the departure of Tom Hendrie to St Mirren, Terry Christie took over at Alloa and led the club to the Scottish Challenge Cup in 1999 followed by promotion to the First Division a few months later.

[4] On 7 April 2012, Alloa were confirmed as Scottish Third Division champions after beating Elgin City 8–1 in a home game at Recreation Park.

[5] On 7 March 2015, after slipping to a 1–0 defeat to Dumbarton left Alloa in the relegation play-off spot, manager Barry Smith immediately resigned.

[7] Lennon was replaced by Jack Ross,[8] who despite improved performances was unable to prevent them from being relegated to Scottish League One at the end of the season.

However, Ross left the club at the start of October 2016, signing as manager for Scottish Championship side St Mirren.

[10] Alloa's home colours have been black hoops with either orange or gold stripes for the majority of its existence.

[11] Sterling sponsored the shirts for a further two seasons followed by short spells displaying Sinclair Haulage and then Campbell Homes until 1995.

[1][13] Alloa Athletic played and won its first Scottish Football League match at the ground in August 1921; a 1–0 win against Stenhousemuir.

[11] However the recent book The Roar of the Crowd by David Ross shows the record attendance to actually be 15,467 for a Scottish Cup 5th round match against Celtic on 5 February 1955.

Nearby club Stirling Albion are generally regarded as Alloa's rivals[18] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

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