FV was the successor to Spiel- und Sport Blumenthal and is part of the historical tradition of SG Aumund-Vegesack, which is still active today.

In 1932, the club captured the regional Nordwestdeutschland crown and then advanced as far as the semifinals where they were put out by eventual champions TuS Nürnberg-Ost (4–1).

[2] The following year, BSV was banned as politically unpalatable by the Nazi regime, alongside other left-leaning workers' and faith-based clubs.

[3] The club was soon reformed as Allgemeiner Sport-Verein Blumenthal von 1919 and, in 1937, qualified to play in the Gauliga Niedersachsen, one of 13 regional first division circuits established in the 1933 reorganization of German football.

In 2020, the Blumenthaler SV failed after a 2–2 draw in regular time on penalties with 5–5 at the Bremen champions and regional league promoted FC Oberneuland.

For example, the Gambian refugee Ousman Manneh and Sören Seidel, two SV Werder Bremen players, have emerged from the “Burgwall”.

In January 2021, Kebba Badjie also signed his professional contract with Werder Bremen, the Gambier played for the Blumenthaler U19 in the Regionalliga Nord (II).

After the team was refused promotion by the North German Football Association, Blumenthaler SV is examining legal means.

Until the season was broken off due to the corona pandemic, the team of head coach Peter Moussalli surprised in the top German division, so that after calculating the point quotient as fourth in the table, relegation was safely achieved.

On 11 and 12 June 2022, the Blumenthaler SV will host the 16th German Altherren-Supercup Ü32 on the local Burgwall and on other sports fields in the north of Bremen.