 In 2007, the club again finished second, and played in European competition for the first time, losing 2–1 on aggregate to Finnish club MyPa in the UEFA Cup first qualifying round.Prior to the 2008 season, EB/Streymur had never won the Faroese championship neither before nor after the merger, however on 15 August 2007 and again on 14 June 2008, EB/Streymur won a trophy for the first time by winning the Faroe Islands Cup and its second by winning the Cup again as holders the year after.On 21 October 2008, after finishing as runners-up in the league two years in a row previously, the club finally won its first championship, and thus the double in the 2008 season.