The club was founded in 1933 in the Florentin neighborhood of Tel Aviv by Jews which immigrated to Mandatory Palestine from Greece and Turkey.[1] In 1940, the club won the Samaria division of Liga Bet, the second-tier league of the Palestine League at the time, and was set to compete in promotion play-offs against the other regional winners, Hapoel Hadera and Hapoel Rishon LeZion. However, due to disagreement between Hapoel and Maccabi factions, there were no league games in the 1940–41 season, and after an agreement was reached, Degel Zion were placed in the Palestine League for the 1941–42 season,[2] where they finished at the bottom of the Southern division, in their only season playing at the top division.