It all started when David slew Goliath, or in handball terms, when Iceland defeated Germany in Beijing effectively knocking one of the greatest European teams out of the Olympic Games in the preliminary round. But there more shocks to come! Out went Poland at the hands of Iceland in the quarterfinal; at this point, a country with a population of 340,000 people began waiting with baited breath. Through to the semi-finals, the team riding this thrilling wave of adrenalin then took Spain out of the running, leaving them consolation in an Olympic bronze medal - a clear but nevertheless surprising victory. Then it was time to face France in what was the most important match in the lives of the men who stepped out on the court, the Olympic handball final - only to suffer the sweetest defeat ever tasted. Iceland lost by 5 goals and returned home as heroes. OLYMPIC SILVER!

In the history of the club no other handball sporting event has ever resulted in a medal until Beijing 2008. Despite there surprising, yet only victory, Iceland will start the EHF EURO 2010 in Group B of the Preliminary Round eager to prove that they are not just a ”one-hit-wonder”.