Only a small local side, the footballers nonetheless played a half dozen seasons in the second division Regionalliga Nord through the early 1970s.

Bundesliga Nord for the 1974–75 season when a re-structured second division circuit was created from the best performing and most financially stable clubs of the era's five Regionalliga.

A middling club at best in their old division, Wilhelmshaven finished 17th in the re-organized competition and was relegated to the tier III Amateur Oberliga Nord.

Olympia's football department withdrew to play in the local city circuit.

For the 2009/2010 season the football section of TSR Olympia left the club and joined the football section of WSSV Wilhelmshaven to form FC Olympia 09 Wilhelmshaven.