The club played in Ligat HaAl until 2008 when it was relegated after finishing bottom in the 2007-08 season. In June 2008 it was announced that the club was to be disbanded; Hapoel Afula were re-established as an independent club and would play in the second tier, whilst Hapoel Gilboa were merged with top-division club Hapoel Galil Elyon to form a new team, Hapoel Gilboa Galil Elyon.
- The demise of Galil Elyon / 'And here, friends, once played a basketball team' Haaretz, 15 June 2008
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