The club was formed in 1872, out of members of the defunct original Thistle F.C.

[1] In its first half-season, the club claimed to have played three matches, all of which were 0-0 draws.

[2] One of those draws, at Fleshers' Haugh on Glasgow Green, was the first match for Rangers F.C.

[3] The club was one of the original 16 teams to participate in the inaugural season of the Scottish Cup.

They lost in the first round of the 1873–74 Scottish Cup, 2–0 to Alexandra Athletic; the Glasgow Herald stated that the Callander side "manoeuvred at times very badly".