In 1966 she was relegated to the Beta Ethniki and since then has been trying to regain her rise to the big category, which eventually succeeded 48 years later, in 2014–15.

Unfortunately, on 10 December 2014, the club of Thessaly left the championship due to the inability of the administration to cover the financial obligations that had been created, leaving all the players that belonged to its staff to be released as free and the following year started again from the amateur Gamma Ethniki.

Niki Volos crest displays the goddess Nike as depicted in the statue Winged Victory of Samothrace.

The founding members of Niki Volou FC, many of them refugees from Smyrna (now İzmir) and the surrounding region, decided to restore the emblem as part of their new club.

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