Founded in 1923, the club competes in LaLiga Hypermotion, holding home matches at Estadio Manuel Martínez Valero, with a capacity of 33,732 seats.

[3] Founded in 1923 as the result of a merger between all of the town's clubs, Elche entered the league system in 1929, reaching Segunda División in 1934 and La Liga in 1959, finishing fifth in the latter tournament in 1963–64.

Elche became the first and only club in the history of La Liga to be relegated due to unpaid tax debts in the 2014–15 season.

Elche opened its first season in the top level with a 1–1 draw against Real Oviedo, the first goal being scored by Vicente Pahuet.

The club finished tenth out of 16 sides, nine points ahead of relegated Osasuna – the campaign included a 2–1 comeback home victory over Barcelona, but also a 2–11 loss at Real Madrid.

The semi-final against the latter was won 2–0 in a replay in neutral Madrid, as the tie had finished 4–4 on aggregate; the final, played on 15 June at the Santiago Bernabéu Stadium in the same city, brought a 0–1 loss to Athletic Bilbao.

Its second spell in the top flight lasted five seasons, often immerse in relegation fights as the best campaign (1974–75) ended with the club in eighth position; at the end of 1977–78 the side returned to the second division after finishing 17th out of 18 clubs, the last game being a 4–4 draw with Atlético Madrid, which was led 2–4 with five minutes remaining.

Especially traumatic was the finish of the 1980–81 season: with one game remaining, they were second two points ahead of Rayo Vallecano and Racing de Santander, only needing a draw against Cádiz at the Martínez Valero; the game ended however in a loss, and Elche finished with 45 points alongside Castellón, Cádiz, Racing and Rayo.

In 1988 they were promoted again for another cameo appearance, as the side went on to finish dead last with eighteen points, dropping down a category alongside Real Murcia, who they trailed by nine points; the last match for years in the category was a 1–3 away loss against Real Zaragoza, the goal coming courtesy of Alfonso Fernández.

In 2010–11, again in the "silver category", the team finished fourth and thus qualified for the play-offs: after disposing of Real Valladolid in the first round (3–2 on aggregate)[10] the dream of top flight promotion ended at the hands of Granada, on the away goals rule.

[12] In the meantime the team coached by Fran Escribá had broken a number of Segunda División records, being the only team to date able to lead the competition from the first until the last match of the season, setting in the process a new record of both matches won and points scored to date as well as the best first round in the history of Segunda's championship.

[14] In the 2014–15 season, despite managing once again to keep in the top flight (the team was already safe from relegation four dates before the end of the competition[15]) Elche became the first team ever in the history of the Spanish Primera División being relegated to Segunda following new regulations by the Spanish football league limiting excess debt and economic mismanagement.