The home colours are blue shirts with black shorts and socks.[2]
Waterloo Rovers were founded after the war by Welshpool brothers Bert and Tom James, playing on the old tip, before later folding and joining with Guilsfield. After a few years joined with Guilsfield, Waterloo Rovers regained independence, and began playing on a pitch by Maesydre, and Welshpool Rugby Club's pitch, where they have played ever since.
In 1978 Bert and Tom's younger brother, Fred James, became the first President of Waterloo Rovers F.C.