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|founded = {{Start date and years ago|df=yes|1925|4|19}}
|nickname =''Los Albos'' (The White ones)<br/> ''Eterno Campeón'' (The Eternal Champion)<br/> ''El Cacique''
|ground = [[Estadio Monumental David Arellano]], <br> [[Macul]], [[Santiago Province, Chile|Greater Santiago]]
|capacity = 47,347
|chrtitle = President
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===1933–1973: Beginnings in professional football===
In 1933, Colo-Colo alongside six clubs from [[Santiago de Chile|Santiago]] decided to create the [[Chilean Primera División|Chilean professional football league]].<ref name="Salinas, Sebastián 2005">Salinas, Sebastián (2005), p. 327.</ref> On 23 July, the team won the [[Campeonato de Apertura (Chile)|Campeonato de Apertura]] ([[Copa Chile]] precursor), after defeating 2–1 to [[Unión Española]].<ref name="Salinas, Sebastián 2005"/> However, in the first [[Chilean Primera División|Primera División]] official tournament, Colo-Colo finished first alongside [[C.D. Magallanes|Magallanes]], which forced the "Cacique" to play a tie-breaker match. That match was lost 2–1 by Colo-Colo.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile33.html |title = Chile 1933 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 5 February 2023 |archive-url = https://web.archive.org/web/20230205035417/https://rsssf.org/tablesc/chile33.html |url-status = live }}</ref> In 1937 the team was undefeated,<ref>Marín, Edgardo (1988), p. 33.</ref> and reached its first league title.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile37.html |title = Chile 1937 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 3 February 2023 |archive-url = https://web.archive.org/web/20230203093916/https://rsssf.org/tablesc/chile37.html |url-status = live }}</ref> Two seasons later, in 1939, Colo-Colo won the league title for a second time, now under the guidance of the Hungarian coach [[Francisco Platko]],<ref>Marín, Edgardo (1988), p. 43.</ref> and with [[Alfonso Domínguez]] as goalscorer with 20 goals in 24 matches.<ref>Marín, Edgardo (1988), p. 42.</ref> After another title in 1941 with Platko as coach,<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile41.html |title = Chile 1941 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 3 February 2023 |archive-url = https://web.archive.org/web/20230203104724/https://rsssf.org/tablesc/chile41.html |url-status = live }}</ref> the club went on to win the titles of 1944<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile44.html |title = Chile 1944 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 3 February 2023 |archive-url = https://web.archive.org/web/20230203094857/https://rsssf.org/tablesc/chile44.html |url-status = live }}</ref> and 1947.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile47.html |title = Chile 1947 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 4 February 2023 |archive-url = https://web.archive.org/web/20230204061113/https://rsssf.org/tablesc/chile47.html |url-status = live }}</ref> The following year Colo-Colo organized the [[South American Club Championship (football)|South American Club Championship]] – [[Copa Libertadores]] background – in Santiago,<ref>{{cite web |first = Esteban |last = Bekerman |year = 2008 |url = http://www.perfil.com/contenidos/2008/03/13/noticia_0054.html |title = Hace 60 años, River perdía la gran chance de ser el primer club campeón de América |work = Perfil.com |access-date = 10 May 2008 |archive-url = https://web.archive.org/web/20130521034425/http://www.perfil.com/contenidos/2008/03/13/noticia_0054.html |archive-date = 21 May 2013 |url-status = dead }}</ref> which brought together the 1947 continent's champions. In 1945, the club had the worst season in its history, finishing penultimate in eleventh place only ahead of weak [[Badminton F.C.|Badminton]].<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile45.html |title = Chile 1945 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 4 February 2023 |archive-url = https://web.archive.org/web/20230204061215/https://rsssf.org/tablesc/chile45.html |url-status = live }}</ref>
 
In the early 1950s, club's president Antonio Labán hired [[Newcastle United F.C.|Newcastle United]] striker [[George Robledo]], paying [[£]]25,000 for its signing.<ref>Marín, Edgardo y Salviat, Julio (1975), p. 105.</ref> Robledo's performances led the team to the titles of 1953<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile53.html |title = Chile 1953 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 5 February 2023 |archive-url = https://web.archive.org/web/20230205040559/https://rsssf.org/tablesc/chile53.html |url-status = live }}</ref> and 1956.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile56.html |title = Chile 1956 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 5 February 2023 |archive-url = https://web.archive.org/web/20230205045913/https://rsssf.org/tablesc/chile56.html |url-status = live }}</ref> During that age, the club acquired a terrain at [[Macul]], where began the construction of [[Estadio Monumental David Arellano|Estadio Monumental]].<ref name="Marín 1975">Marín, Edgardo y Salviat, Julio (1975), p. 119.</ref> Besides the acquisition, the directive invested in a headquarters located at [[Santiago Centro]] (located at Cienfuegos 41) in 1953. The next decade Colo-Colo win the titles of 1960<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile60.html |title = Chile 1960 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 4 February 2023 |archive-url = https://web.archive.org/web/20230204052720/https://rsssf.org/tablesc/chile60.html |url-status = live }}</ref> and 1963.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile63.html |title = Chile 1963 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 4 February 2023 |archive-url = https://web.archive.org/web/20230204062111/https://rsssf.org/tablesc/chile63.html |url-status = live }}</ref> The 1963 team broke two top-tier records: [[Luis Hernán Álvarez]] scored 37 goals in a single season<ref name="Goleador">Marín, Edgardo y Salviat, Julio (1975), p. 130.</ref> (the highest number of goals scored by a Colo-Colo footballer during a season)<ref name="Goleador"/> and the netting of the highest number of goals scored by a club in a season (130).<ref>Marín, Edgardo y Salviat, Julio (1975), p. 131.</ref> The team won its tenth honour in 1970.<ref>Marín, Edgardo y Salviat, Julio (1975), p. 160.</ref>
 
=== Colo-Colo 1973 and 1980s dominance ===
In 1972, now under the orders of coach [[Luis Álamos]]<ref>Marín, Edgardo y Salviat, Julio (1975), p. 188.</ref> and with figures like [[Carlos Caszely]] and [[Francisco Valdés]],<ref>Marín, Edgardo (1988), p. 250.</ref> the club won another championship.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile72.html |title = Chile 1972 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 4 February 2023 |archive-url = https://web.archive.org/web/20230204062614/https://rsssf.org/tablesc/chile72.html |url-status = live }}</ref> It also obtained the country's attendance record of 45,929 people for a single season.<ref>{{cite web |year = 2005 |url = https://www.rsssf.org/tablesc/chile72.html |title = Especial Colo Colo 1972 |work = Minuto 90 |access-date = |archive-date = 4 February 2023 |archive-url = https://web.archive.org/web/20230204062614/https://rsssf.org/tablesc/chile72.html |url-status = live }}</ref> That team was the basis of the so-called "Colo-Colo 73", the first Chilean team to reach a Copa Libertadores final, where it lost against [[Club Atlético Independiente|Independiente]] of Argentina.<ref>Marín, Edgardo y Salviat, Julio (1975), p. 193.</ref> After Colo-Colo's brilliant campaign, the club went into a competitiveness and institutional crisis not being able to win another league title until 1979.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile79.html |title = Chile 1979 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 5 February 2023 |archive-url = https://web.archive.org/web/20230205040759/https://rsssf.org/tablesc/chile79.html |url-status = live }}</ref> That team featured the talented Brazilian midfielder [[Severino Vasconcelos]] alongside a returning Caszely.<ref>Marín, Edgardo (1988), p. 298.</ref> Nevertheless, in 1975, the construction of Estadio Monumental was finished and the stadium was inaugurated in a league match against [[Deportes Aviación]], but due to problems with the infrastructure and other basic services the stadium was indefinitely closed.
 
In the 1980s, the club obtained the league titles of 1981 and 1983<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile81.html |title = Chile 1981 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 21 March 2023 |archive-url = https://web.archive.org/web/20230321200413/https://www.rsssf.org/tablesc/chile81.html |url-status = live }}</ref> with coach [[Pedro García Barros|Pedro García]], and the 1986<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = http://rsssf.com/tablesc/chile86.html |title = Chile 1986 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = }}{{dead link|date=February 2023|bot=medic}}{{cbignore|bot=medic}}</ref> and 1989<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile89.html |archive-url = https://web.archive.org/web/20191224045750/http://rsssf.com/tablesc/chile89.html |url-status = live |archive-date = 2019-12-24 |title = Chile 1989 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = }}</ref> honours under [[Arturo Salah]]. The 1987 [[Alianza Lima air disaster]] claimed the lives of sixteen players and Colo-Colo was the first to help the Peruvian team, loaning them 4 players.<ref>{{cite web | title = En Perú conmemoran 25 años de la tragedia área que enlutó a Alianza Lima | url = http://www.latercera.com/noticia/deportes/2012/12/656-497527-9-en-peru-conmemoran-25-anos-de-la-tragedia-aerea-que-enluto-a-alianza-lima.shtml | publisher = La Tercera | date = 8 December 2012 | access-date = 23 March 2013 | archive-date = 4 March 2016 | archive-url = https://web.archive.org/web/20160304111701/http://www.latercera.com/noticia/deportes/2012/12/656-497527-9-en-peru-conmemoran-25-anos-de-la-tragedia-aerea-que-enluto-a-alianza-lima.shtml | url-status = dead }}</ref> Nonetheless, the team won four Copa Chile titles in that decade. During that period, the greatest disappointment was at the continental tournament level with the team only exceeding the first stage in the [[1988 Copa Libertadores]]. On 30 September 1989, the Estadio Monumental was re-inaugurated in an exhibition match against [[CA Peñarol|Peñarol]], which Colo-Colo won 2–1<ref name="ianu"/> with goals by [[Marcelo Barticciotto]] and [[Leonel Herrera Silva|Leonel Herrera]], the son of a 1970s legendary former defender of the same name.
 
=== 1991–1999: International success ===
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The 1990s was the most successful decade in the club's history for the national and international honours achieved. [[Eduardo Menichetti]] was a president of the club in 1990–1995<ref>{{cite news |last1=Comunicaciones |first1=Compañia Chilena de |title=Ex presidente de Colo Colo Eduardo Menichetti falleció a los 56 años |url=https://www.alairelibre.cl/noticias/deportes/futbol/colo-colo/ex-presidente-de-colo-colo-eduardo-menichetti-fallecio-a-los-56-anos/2007-07-08/094809.html |work=alairelibre.cl |language=Spanish}}</ref> and Croatian [[Mirko Jozić]] arrived as coach, leading the team towards its first ''Bicampeonato'' for winning two national titles in a row.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile90.html |title = Chile 1990 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 5 October 2022 |archive-url = https://web.archive.org/web/20221005215719/https://www.rsssf.org/tablesc/chile90.html |url-status = live }}</ref> On 5 June 1991, after beating [[Club Olimpia|Olimpia]] 3–0 at Monumental with two goals by [[Luis Pérez (Chilean footballer)|Luis Pérez]] and one by [[Leonel Herrera Silva|Leonel Herrera]], Colo-Colo became the first Chilean team to win a [[Copa Libertadores 1991|Copa Libertadores]]. That same season, the "Albos" lost the [[Intercontinental Cup (football)|Intercontinental Cup]] final against Yugoslavian club [[Red Star Belgrade]], after being defeated 3–0 in Tokyo.<ref>{{cite web |date = 23 October 2008 |url = http://www.dalealbo.cl/copa-intercontinental-1991-estrella-roja-3-0-colo- |title = Copa Intercontinental 1991: Estrella Roja 3–0 Colo Colo |work = Dalealbo.cl |access-date = 23 March 2013 |archive-url = https://web.archive.org/web/20130406031844/http://www.dalealbo.cl/copa-intercontinental-1991-estrella-roja-3-0-colo-/ |archive-date = 6 April 2013 |url-status = dead }}</ref> At the local level, the club won the 1991 league, its third-consecutive title thus achieving its first ''Tricampeonato''.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile91.html |title = Chile 1991 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-url = https://web.archive.org/web/20130314170905/http://rsssf.com/tablesc/chile91.html |archive-date = 14 March 2013 |url-status = live }}</ref> The following season, the club won the [[1992 Recopa Sudamericana|Recopa Sudamericana]], after beating Brazil's [[Cruzeiro Esporte Clube|Cruzeiro]] in a penalty shootout, and also obtained the [[1992 Copa Interamericana|Copa Interamericana]], after winning 3–1 against [[Puebla FC|Puebla]] in Mexico. The last title won by Jozić in Colo-Colo was the 1993 league title, thus closing a successful spell in South America.<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile93.html |title = Chile 1993 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 20 March 2023 |archive-url = https://web.archive.org/web/20230320194347/https://www.rsssf.org/tablesc/chile93.html |url-status = live }}</ref>
 
After Jozić's departure came a brief drought in national titles, but the team managed to get an unforgettable 3–0 win over arch rivals Universidad de Chile in 1995. The team was champion of the 1994 [[Copa Chile 1994|Copa Chile]] and reached the [[1994 Copa Libertadores]] quarterfinals. The following season saw the arrival of Paraguayan coach [[Gustavo Benítez (footballer, born 1953)|Gustavo Benítez]], who obtained the 1996,<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile96.html |title = Chile 1996 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 11 November 2022 |archive-url = https://web.archive.org/web/20221111135605/https://www.rsssf.org/tablesc/chile96.html |url-status = live }}</ref> 1997-C<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile97.html |title = Chile 1997 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-url = https://web.archive.org/web/20130315001401/http://rsssf.com/tablesc/chile97.html |archive-date = 15 March 2013 |url-status = live }}</ref> and 1998<ref>{{cite web |first = Eduardo |last = Espina |year = 2005 |url = https://www.rsssf.org/tablesc/chile98.html |title = Chile 1998 |work = Rec.Sport.Soccer Statistics Foundation ([[RSSSF]]) |access-date = |archive-date = 11 November 2022 |archive-url = https://web.archive.org/web/20221111135719/https://www.rsssf.org/tablesc/chile98.html |url-status = live }}</ref> league titles. The team advanced to the semifinals of the [[Supercopa Libertadores]] in [[1996 Supercopa Libertadores|1996]], and of the Copa Libertadores in [[1997 Copa Libertadores|1997]], being eliminated both times by Cruzeiro. In 1999, Colo-Colo relived something like 1994, finishing fourth in the Chilean league and having three coaches during that single season: Brazilian [[Nelsinho Baptista]], the caretaker manager Carlos Durán and then [[Fernando Morena]] of Uruguay, who remained until 2001.
 
=== 1999–present: Bankruptcy and recovery ===