The club considers its primary purpose to be a stepping stone for young players and work closely together with FC St.

[1] It has contributed to the development of several players that currently play in the Super League, some of whom appeared in the Swiss national team, most notably Fabian Schär.

After ceasing operations in World War I and a revival in 1920, the club achieved promotion to the second division in 1922 before being forced to withdraw from the competition due to losing most of their players.

Approximately 10 million Swiss francs was discovered to have ended up at the club, whose repayment UBS waived as the other board members knew nothing of it.

FC Wil won the final of the Swiss Cup against Grasshopper Club Zürich while at the same time being relegated to the second division, under the management of Aleksandr Zavarov (who, lacking the necessary UEFA licence to be a coach, was officially given the position of director of football).

A task-force has formed as a result to save the club from bankruptcy, with the mission of significantly reducing the exorbitant expenses introduced by the investors.

It is part of the eponymous sports facility, which also contains swimming pools and an ice hockey rink, that was newly built at the site of their old ground in 2013, for the cost of around 11 million Swiss francs.