Incheon Red Angels (W)

In the 1990s, the Hyundai Group established and invested in various sports teams to improve the company's image following Chung Ju-yung's unsuccessful campaign in the 1992 presidential election, as well as to boost employees' morale and loyalty. Hyundai's women's football club was formally established on 3 December 1993, becoming the first women's works football team in South Korea. Byun Byung-joo was appointed as manager and the squad initially consisted of fifteen players, including five former hockey players. With no other works teams to compete with, they initially played against university and high school teams.

Hyundai Steel were one of the founding members of the WK League when it was launched in 2009. In the inaugural edition, the club finished in second place in the league to reach the championship final, where it lost to Daekyo Kangaroos and finished the season as runners-up. In the following three seasons, Incheon again faced disappointment on the final day of the season as they made it to the final but lost on aggregate each time.

The Red Angels finally won their first league title in 2013, beating Seoul City 4–2 on aggregate after recording a draw in the first leg of the final. This began an era of WK League dominance for the club, as they went on to win eleven consecutive titles. In 2018, their league title earned them a place in the 2019 AFC Women's Club Championship, a pilot competition for the AFC Women's Champions League. The competition was held in Yongin, South Korea and Incheon finished in third among four teams in the round-robin tournament.

Following Incheon's 2022 WK League title, they qualified for the 2023 AFC Women's Club Championship, an expanded version of the pilot competition with eight teams from across the region participating. The Red Angels won Group B to advance to the final against Urawa Red Diamonds, ultimately finishing as runners-up.

The club's WK League winning streak came to an end in 2024 when Incheon finished in fourth place in the league, failing to qualify for the championship playoff for the first time in league history. Despite disappointing results in the league, as defending champions Incheon were also competing in the 2024–25 AFC Women's Champions League, winning Group A in October 2024.

Under new manager Hur Jung-jae, Incheon had a slow start to the 2025 WK League season, with several matches postponed due to their continental fixtures. In the Champions League, the club hosted Bam Khatoon in the quarter-finals in March, beating the Iranian team 1–0. The semi-finals and final took place in Wuhan, China, and Incheon travelled to the final stage of the tournament with high hopes of overall victory. However, their Champions League title hopes were brought to a dramatic end in the semi-final in which they were beaten by Melbourne City, with the only goal of the match scored in second-half injury time. In the domestic league, Incheon finished the season in third place but were absent from the championship final for the second consecutive year as they failed to beat Seoul City in the playoff.