 Among the founders were Montenegrin painters Luka and Milo Milunović, and Luka Milunović was the first president and a captain of the team.As the oldest Montenegrin football club, Lovćen participated in its first national competitions in the 1910s and 1920s.First trophy of Lovćen was 'Sports olympiad' on Cetinje 1914, a tournament which included football clubs from Montenegro, Albania and Austria-Hungary.