Olympiakos Nicosia FC is a historic Cypriot football club from the capital city, Nicosia. They compete in the Cypriot First Division, though they have experienced periods of relegation in recent decades. The club plays its home matches at the Makario Stadium, sharing it with other Nicosia-based teams. Founded in 1931, Olympiakos has a proud history, having won the Cypriot First Division three times and the Cypriot Cup once. Their traditional rivals are APOEL and Omonia, making Nicosia derbies fiercely contested. The team's colors are red and white. In the modern era, Olympiakos often finds itself in a battle to maintain its top-flight status, operating with a smaller budget than the division's giants. The club is a cornerstone of the local community, representing a distinct part of Nicosia's footballing identity and clinging to its heritage while fighting for a sustainable future in the competitive Cypriot league.