The club was formed in 1932 from a merger between Iberia SC and Real Zaragoza CD.
It has had more success in cup competitions, winning the Copa del Rey six times between 1964 and 2004, plus the Supercopa de España in 2004.
One of the most famous players to pass through the club was Frank Rijkaard, who played for Real Zaragoza on loan from Sporting CP during the 1987–88 season.
He was placed third in the 1988 Ballon d'Or vote, partly based on his performances with Real Zaragoza, as well as those with Milan and the Netherlands national team.
Generally, this means players that have played at least 100 league games and/or have reached international status.