Tirol Innsbruck was formed after the dissolvement of FC Swarovski Tirol in 1992 which was the second split-off of FC Wacker Innsbruck, whose Bundesliga license it had lost at the end of the 1992–93 season. The club reached the final of the Intertoto Cup in 1995, losing to Strasbourg. The club, at first named FC Innsbruck Tirol, won the Austrian football championship three times. In the 1999-2000, 2000-2001 and 2001-2002 season. Soon after winning the championship in the 2001-2002 season the club had to file for bankruptcy and disbanded after losing the Bundesliga license on 21 June 2002 for the 2002/03 season. FC Wacker Innsbruck (2002) was then formed as a phoenix club.