Founded in 1951, TVMK played in regional leagues until 1986, when the club eneterd the "Jõgeva III division", winning promotion to the II liiga the same year.

[2] Due to sponsorship reasons, TVMK played both the 1992-93 and 1993-94 seasons under the name of FC Nikol, securing Meistriliiga bronze medals on both occasions.

[3] Tevalte owner, Sergei Belov, filed a complaint against disqualification, but ultimately established a new club based on FC Nikol.

[4] In the subsequent season, following Belov's successful appeal to FIFA, the Estonian Football Association (EJL) reinstated FC Tevalte back to Meistriliiga.

Vyacheslav Bulavin continued as the head coach, but was sacked in mid-season, with the former Russia international Sergei Yuran taking over.

After the 2007 season Pjotr Sedin, the chairman, announced that the club is currently considering a possibility of giving up their professional status, because of financial difficulties.