Recognised as the most supported and currently the 2nd most successful club in the league to date, Victory has won four A-League Championships, three A-League Premierships, one Pre-Season Challenge Cup and one FFA Cup, the only club to have won all four domestic trophies in the modern era of Australian soccer. They have also competed in the AFC Champions League on seven occasions, most recently in 2020. Their furthest placement in the tournament was in the 2016 campaign and 2020 campaign, where they were knocked out in the Round of 16 on both occasions.