The ice hockey division of the Farmenser Turnverein Hamburg was founded in 1990 as "FTV Crocodiles", and was direct successor of the 1.

The Crocodiles won the first home game in Farmsen 2–0 against the Altonaer SV, both goals in the last third by Hans Sulzgruber, who developed in the following years to one of the most important players of the club.

In the mid-1990s, Hamburg-based entrepreneur Klaus-Peter Jebens decided to build a multifunctional arena in the east part of the city.

Since the Crocodiles were able to implement the highest budget ever by supporting Jebens in the lower leagues, the athletic rise of the Hamburg team took place in the following years.

The Crocodiles were able to climb up into the second-class first league north in three years thanks to the partly double-digit victories and the purchase of licenses from high-class clubs.

In the summer of 2000, the Crocodiles, which had reached the play-off quarter-final of the 1999/00 season, tried to buy the DEL license of the expelled Starbulls Rosenheim and move into the highest Eishockeyliga.

After the citizens of Hamburg announced that they wanted a multi-functional arena for 12,300 spectators in addition to the Volksparkstadion at that time, the Limited Society of the Crocodiles was incorporated by Klaus-Peter Jebens, who, according to his own statement, donated five million german marks during his engagement.

The number of spectators increased slightly as a result, while the Crocodiles made the class salary in their first regional league season in the play-downs.

Nevertheless, the team ensured category retention in the play-downs, while the local rival Adendorfer EC had to descend for the first time in its history.

Even though they could have climbed into the new Regional League North, the club finally abandoned the promotion for economic reasons.

Powerful players such as Alexandre Santos, one of the top scorers of the league, Stefan Gebauer and goalkeepers Matthias Rieck and Guido Titzhoff left the Crocodiles and switched to the city rival Hamburger SV, which could compete in the higher-ranking regional league.

[1] By the league reformation of the 3rd game class in the summer of 2010, the team of the Crocodiles participated in the Oberliga Nord 2010/11 and reached the eight after the preliminary round.

For the 2016/17 season, the farmers fired a surprise with the signing of Christoph Schubert, the former captain of the recently defunct Hamburg Freezers.