The club was founded in 1966 as the semi-professional Kawasaki Steel Soccer Club in Kurashiki, Okayama Prefecture. It was first promoted to the Japan Soccer League Division 2 in 1986, and stayed there until the JSL folded in 1992. In 1995, the city of Kobe reached an agreement with Kawasaki Steel, the parent company, to move the club to Kobe and compete for a spot in the professional J.League as Vissel Kobe. Vissel is a combination of the words "victory" and "vessel", in recognition of Kobe's history as a port city. Vissel Kobe began play in 1995 in the Japan Football League, a league below J.League, and the supermarket chain Daiei was slated as the club's primary investor. However, the economic downturn following the Great Hanshin earthquake forced Daiei to pull out and the city of Kobe became responsible for operating the club. Despite finishing 2nd in the JFL in 1996, Vissel was promoted to the J.League and began play in the top division of Japanese football in 1997. However, due to mismanagement, including the inability to secure investors and sponsors, Vissel has never been a contender for the league title. In December, 2003, mounting financial losses forced the club to file for bankruptcy protection. In January 2004, Vissel was sold to Crimson Group, parent company of online merchant Rakuten, whose president is Kobe native Hiroshi Mikitani. Vissel's first signing under the Mikitani regime, İlhan Mansız, who was acquired partly to capitalize on his popularity during the 2002 FIFA World Cup hosted in Korea and Japan, was a massive failure – the Turkish forward played just three matches before leaving the team because of a knee injury. Mikitani also alienated supporters by changing the team uniform colors from black and white stripes to crimson, after his Crimson Group and the color of his alma mater, Harvard Business School. The Tohoku Rakuten Golden Eagles, a baseball team also owned by Rakuten but based in Sendai, wear the same colors. Vissel finished 11th in the league in 2004, the same position as the previous year, and finished 18th and last place in 2005, resulting in automatic relegation from J.League Division 1, or J1, to J2. During the two-year span, Vissel had five different head coaches. 2006 was Vissel's first season in J2 after nine years in the top division of soccer in Japan. They finished 3rd in the 2006 season and were promoted to J1 after beating Avispa Fukuoka in the promotion/relegation play-offs. During the period of 2007 to 2011 Vissel finished in the bottom half of the table each year. In 2012 they finished 16th, third from last, and were again relegated to J2. In 2013, Vissel finished in second place, 4 points behind Gamba Osaka, which secured their return to J1 for the 2014 season. On 6 December 2014, Rakuten Inc. bought the team from the Crimson Group. In May 2018, Vissel signed 2010 FIFA World Cup winner Andrés Iniesta from FC Barcelona. In December 2018 Vissel Kobe managed to sign David Villa from New York City FC the Spanish striker scored 13 goals in 28 games. Alongside Sergi Samper and Andrés Iniesta Villa was the third spaniard in the team in that season in which the Emperor's Cup was won.
