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Stabæk Fotball Kvinner is Stabæk IF's women's football team, started on October 23, 2008 with a core of players from Asker. Asker had lost its licence to play in the top league after a failure to meet financial targets, and Stabæk's chairman Mimi Berdal arranged for the new team to be formed within Stabæk IF. The team was immediately joined by other players including Solveig Gulbrandsen.
Stabæk plays in the Toppserien, the top women's league in Norway. The new team set an attendance record in its first match, with 1321 spectators watching a 2-0 win over Røa, and these two teams have dominated the Norwegian league and cup competitions since then.
Stabæk won the league championship in 2010 and thus qualified for the 2011–12 UEFA Women's Champions League to debut in Europe. The team also finished in second place to Røa in the Toppserien in 2009 and 2011, and in November 2011 won the Norwegian Cup Final.
The team played in the Champions League for the first time in 2011. They met FFC Frankfurt in their first tie and beat them 1-0 in the home match at Nadderud Stadium, Oslo, but lost the return match in Frankfurt 4-1 a week later. They are qualified to play in the Champions League again in 2012.