Founded by locals returning from higher education in major European capitals between the two World Wars, FK Vlasina exists since 1920.

Symbolically, the club has been a sign of implementation of advanced European ideas in Serbian society.

In January 2001 the new administration was elected with Jovan Stojanović becoming a president who made investments in the club's infrastructure and stadium.

In 2006–07 they reached the 1/8 finals where they lost again on a penalty shoot-out after a 0–0 draw against top league FK Bežanija.

[1] The most famous supporters group of FK Vlasina, the Poplaws (named after a flood of the Vlasotince area in the mid eighties) are widely known for creating special effects with fireworks during the matches.