The team also has a women's football club that participates in the Primera División Femenina.

Ayacucho FC, then known as Olímpico San Luis, was promoted to the Second Division in 2000.

In 2004 they won the Second Division and played in the finals of the Copa Perú to gain promotion, however they lost to Deportivo Municipal in the quarter-finals.

[1]In 2007, the club moved their home ground to Iquitos in order to increase their fanbase, and was renamed as Real Loreto FC.

They failed to gain a large amount of support from Iquitos and for 2008 they returned to Lima.

However, because both teams drawed on points, they entered the semi-finals of play-offs, against Sporting Cristal again.