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However, the modern club was founded in 1887 by Albert Close White, a local teacher.
The earliest recorded match of Cheltenham Town was a friendly against Dean Close School on 12 March 1892, played at Prestbury, half a mile from Whaddon Road.
Founded in 1892, Cheltenham Town spent the first three decades of their existence in local football where they celebrated a number of championships and cup wins.
The team started life in a deep red playing kit which inspired a nickname of “The Rubies”. In 1903 they adopted the colours which are still worn, red and white.
In 1932 the Robins moved to their current home at Whaddon Road.
They won promotion to the Alliance Premier League (now the Conference National) in 1985, but were relegated seven years later.
Cheltenham turned to Bobby Gould, one of the most experienced managers in English football whose exploits include an FA Cup victory with Wimbledon in 1988.
Cheltenham replaced Cotterill with first-team coach Graham Allner who had won the Conference championship with Kidderminster Harriers in 1994.
The appointment of Steve Cotterill as manager during the 1996–97 was the start of a period of success at the club which resulted in Cotterill being their most successful manager.
They secured a place at Wembley in the 1998 FA Trophy Final, beating Southport 1–0 in front of a crowd of 26,837 at Wembley Stadium.
In 1998–99, Cheltenham secured the Conference title and entry to the Football League.
After two mid-table finishes in Division Three, Cheltenham finally won promotion to Division Two (via the Division Three playoffs) at the end of the 2001–02 season.
Allner and assistant manager Mike Davis, who was originally assistant to Cotterill, were sacked in January 2003, after six months in the job, with Cheltenham near the foot of Division Two.
In the play-off final, Cheltenham beat Grimsby Town 1–0, securing a place in League One for 2006–07.
Early in the 2008–09 season, Keith Downing left Cheltenham Town and was replaced by Martin Allen.
Former Cheltenham captain and Kidderminster boss Mark Yates was appointed manager on 22 December 2009.
Cheltenham won their first match of the 2009–10 season against Grimsby Town 2–1, but fell dramatically down the table soon after.
The season proved to be successful to begin with, with the Robins remaining close to the play-off positions, but they collapsed in the second half of the season and finished 17th, with only five wins in 26 games in 2011.
On 6 November 2012, manager Mark Yates oversaw his 150th game in charge of the team in a 1–0 win against league leaders Gillingham.
After finishing in the play-offs for two consecutive seasons, Cheltenham Town's 2013–14 season proved to be difficult.
On 25 November 2014, Mark Yates was sacked by Cheltenham Town after almost five years in charge.
In March 2015 Gary Johnson was appointed manager.
On 25 April 2015, Cheltenham Town lost at Whaddon Road to Shrewsbury Town, which meant that Cheltenham were relegated from the Football League after sixteen seasons.
In April 2015, after Bryan Jacob, a lifelong supporter, gave the club's supporters trust £222,000 in his will, members voted to use the money to accept a long-standing offer from the club for a permanent seat on its board of directors.
The 2016–17 season proved to be a struggle with a number of players finding the step up to League Two more difficult than had been hoped.
In the 2017–18 season the club ultimately only gained one point more than in the previous year (51 compared to 50), and finished in 17th place in League Two.
FBref.com launched (June 13, 2018) with domestic league coverage for England, France, Germany, Italy, Spain, and United States.
On 10 September 2018, ex-Cheltenham player Michael Duff was appointed after the departure of Gary Johnson.
The following 2019–20 season was very successful, narrowly missing out on automatic promotion in 4th place.
In 2020–21, Cheltenham returned to League One as champions after five seasons in League Two.
On 8 May 2021, Cheltenham won their first ever EFL title, beating Harrogate Town 4–1 on the final day to secure the League Two championship.
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Cheltenham Town FC may also be known as or be related to Cheltenham Town FC and Cheltenham Town Fc.