During the seventies, Ribnica played in the Fourth League – Central region (lowest rank in SFR Yugoslavia).

In the 1983–84 season, Ribnica won the title of the Fourth League – Central region champion, after 24 weeks long competition with the teams Grafičar, Gorštak, Kom, Zora, Napredak, Avijatičar, Radnički, Crvena zvijezda, Metalac, Partizan, Poštar and Bratstvo.

With that success, FK Ribnica, for the first time in club history, gained promotion to the Montenegrin Republic League.

During that season in Republic League, FK Ribnica scored 71 goals in 26 games, which was an absolute record in the team's history.

During the 1990s and the first half of the 2000s, FK Ribnica started their careers many famous players from Montenegro, as Vukašin Poleksić, Srđan Kljajević, Senad Rizvanaj, Ivan Čarapić, Saša Ivanović and others.

With only 10 points earned, FK Ribnica made a record with negative score since the Montenegrin Second League was established.

Except that, FK Ribnica made few another negative records in the history of the Second League – as a lowest number of wins at one season (2), highest number of losses (27), highest number of conceded goals (82), longest run without wins (14 games), longest losing streak (14 games) and biggest defeat (vs. FK Otrant 2–12).

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Coach: Boško Gazivoda FK Ribnica plays their home games at Camp FSCG.