| Color1: | white |
| Color2: |
|
| Valur | |
| Leagues: | Úrvalsdeild karla |
| Founded: | (as Gosi) |
| History: | Gosi (1951–1957) KFR (1957–1970) Valur (1970–2000) Valur/Fjölnir (2000–2001) Valur (2001–present) |
| Arena: | Hlíðarendi |
| Location: | Reykjavík, Iceland |
| Colors: | red, white, blue |
| President: | Svali Björgvinsson[1] |
| Coach: | Finnur Freyr Stefánsson |
| Assistants: | Jamil Abiad |
| Championships: | 4 Icelandic Championships |
| Website: | Valur.is |
| H Pattern B: | _thinredsides |
| H Body: | ffffff |
| H Shorts: | ffffff |
| A Pattern B: | _thinwhitesides |
| A Body: | e3001b |
| A Shorts: | e3001b |
The Valur men's basketball team, commonly known as Valur, is a basketball team based in Reykjavík, Iceland. It is part of the Valur multi-sport club.
The club was founded as Gosi on 25 December 1951[2] and was one of the founding members of the Icelandic men's top division.[3] On 22 December 1957 the club changed its name to Körfuknattleiksfélag Reykjavíkur (English: Reykjavík Basketball Club) and played under that name until 1970.[4] On 3 October 1970 the club merged into Valur sports club and became its basketball department.[5] [6]
Under the new name, Valur had considerable success in the 1980's, winning the Icelandic championship two times, in 1980 and 1983,[7] and the Icelandic cup three times, 1980, 1981 and 1983.[8]
In 1992, Valur reached the Úrvalsdeild finals where it lost to Keflavík 2-3.[9] [10]
In 2022, Valur won its third national championship after beating Tindastóll in the Úrvalsdeild finals. On 2 October 2022, Valur won its first Super Cup, after defeating Icelandic Cup holders Stjarnan 80-77.[11]
On 14 January 2023, Valur won its fourth Icelandic Cup title, and its first in 40 years, after defeating Stjarnan in the Cup final.
Ólafur Þór Thorlacius 1970–1974 Guðmundur Þorsteinsson 1974–1976
Tim Dwyer 1978–1980, 1982–1983 Tómas Holton 1991–1992 Svali Björgvinsson 1992–1993, 1994, 1997–1999 Ágúst Björgvinsson 2011–2019 Finnur Freyr Stefánsson 2020–present| Season | Competition | Round | Opponent | Home | Away | Aggregate | |
|---|---|---|---|---|---|---|---|
| 1980–81 | FIBA European Cup Winners' Cup | 1Q | Cibona Zagreb | 79–110 | 90–120 | 169–230 | |
| 1981–82 | FIBA European Cup Winners' Cup | 1Q | Crystal Palace | 80–118 | 81–104 | 161–222 | |
| 1992–93 | FIBA Korać Cup | 1Q |  CRO Lyon | 74–109 | 88–128 | 162–237 | |