History
The club was founded on May 24, 1927, as Club Deportivo Universitario by the merger of Club Náutico and Federación Universitaria. Initially, the club was formed by students of the Universidad de Chile and was the sport brand of the university until 1980 when the university's rector and president of the club at the time (both of them appointed by the Pinochet dictatorship) decided to separate the club from the university and created the CORFUCH to manage the football team. This move was a part of the atomization of the Universidad de Chile made by the military dictatorship in order to strength the private universities that were born during that time and also to reduce state power. This was seen as a major blow to the club, as it was left with nothing but a loyal fan base. From then on, the club started to decline in terms of results on the field and lack of support from various sectors of the economy when other major clubs in Chile were helped by main powers such as the government, the catholic church, and Codelco. Eventually, the team's poor performances led to a relegation to second division in 1988, and threats to dissolve the club were made by the university if the team did not manage to return to the first division within a year. In 1989, Universidad de Chile were able to earn the 2nd division's championship, thus bringing them back to the first division, where they have remained since then.
Read more about this topic: Club Universidad De Chile
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