From early on, the club witnessed instability in the coaching situation. On its third attempt to get a long-serving coach did the club succeed, but Kristinn Atlason was swapped for player-coach Vegard Hansen ahead of the 2004 season. He left in 2005 after the club failed to pay him; the same thing happened to his successor Jonas Jonsson. The club then went through two more coaches and had just hired another when becoming defunct. The financial situation was dire throughout the club's existence, despite investments from Simonsen and Løvvik, and culminated in the lack of pay in 2005 and early 2006. Especially the sponsor attraction was lower than some had predicted. An attempt in 2006 to change ownership and club name did not help enough, and the club was even relegated. After this it was decided to give up, and to revert to the mother club Stord IL; the chairman of the club owners explained that Stord Sunnhordland had "been a club without soul".