Guarani

Club Guarani is the second oldest Paraguayan football club. It was founded on 12 October 1903 under the name of "Football Club Guarani" and its first president was Juan Patri. The name of the club derives from the Guarani people, a big part of Paraguayan culture and history. The colours of the club, black and yellow, were proposed by the Melina brothers (also among the founders of the club) in reference to the colours of Uruguayan club Peñarol, where the Melina brothers played for a few years. The mentioned colors were also used by English privateer Francis Drake in his emblem and shield, which is another reason why they were chosen to represent the club.

Guarani is one of the traditional teams from the Paraguayan football league and during their history they have won a total of ten championships and were runners-up in fourteen occasions. The most successful era in their history was in the 1960s, where they had an excellent team that won three titles. This era is known as the "golden decade" by the Guarani fans.

Along with Olimpia, they play the "clásico añejo" (the oldest derby) because they are the two oldest teams from Paraguay. Also, Guarani, Cerro Porteño and Olimpia are the only teams that have never played in the second division of the Paraguayan league.

In late May 2010, Guarani became champions after 26 years after defeating Olimpia 2–1 to clinch the 2010 Apertura title. The club won its 11th championship in the Clausura 2016 tournmanent.

The club had a good campaign in the 2015 Copa Libertadores, qualifying to the semi-finals after beating Corinthians 3-0 on aggregate in the round of 16, and Racing Club 1-0 on aggregate. In the semi-finals, Guarani was eliminated by champions River Plate 3-1 on aggregate.

In 2018, the club won the inaugural edition of the Copa Paraguay, defeating their classic rival Olimpia on penalties after a 2-2 draw on aggregate.

The club had good seasons in 2020 and 2021, finishing runner-up to Olimpia and Cerro Porteño respectively.