1991–present: OB in the Superliga
1991 was a special year for OB. They won the Danish Cup final against AaB after two goalless matches, extra time and penalty shootout. As the national arena Idrætsparken were under reconstruction in 1991, the final was played home at Odense Stadion. The cup success was not matched in the league, now known as the Danish Superliga. After the main tournament of the 1991–92 season, OB was relegated to the Qualifying League.
They finished in second place of the 1992 Qualifying League, and OB were back in the Superliga for the 1992–93 season. In that season, the club won silver medals after F.C. Copenhagen and they won their third Danish Cup trophy in 1993.
As the Danish Football Association (DBU) restructured the Superliga before the 1995–96 season, and introduced a league format of 33 games spanning a full year; OB won bronze once more. Even though the team had many profiles and good players, the team lacked stability and in the 1997–98 season, and OB ended last with six season victories to suffer relegation to the second-tier league, the Danish 1st Division.
The club were runaway winners of the 1999 1st Division and subsequently returned to the Superliga for the 1999–2000 season. OB won the 2002 Danish Cup with a 2–1 victory against Copenhagen at Parken Stadium. Since their promotion 1999, OB's best league performance has been second place, occurring in the 2008–09 season. In 2006, OB ended third, its first top-three finish in ten years. Furthermore, the club had fourth-place finishes in 2003, 2004 and 2007.
In the 2006–07 season, OB finished fourth in the league after a close race in the last rounds. Nonetheless, OB won the Danish Cup after defeating Copenhagen 2–1, which gave OB the opportunity to qualify for the UEFA Cup for the second-straight year.
In the 2007–08 season, OB once again ended in fourth, which gave a chance to qualify to the UEFA Cup through the Intertoto Cup. On 19 and 26 July 2008, they played English side Aston Villa in the third round of the Intertoto Cup for the right to play in the second round of the UEFA Cup. OB managed a 2–2 home draw on 19 July, but a 1–0 away defeat on 26 July resulted in a 2–3 aggregate loss to Villa.
OB finished second in the 2008–09 season, which led to a two-game playoff with Genoa for participation in the 2009–10 UEFA Europa League. The first leg away at the Stadio Luigi Ferraris resulted in a 3–1 defeat, and the home game a 1–1 draw. In 2009–10, OB once again finished second in the league. After a fantastic start of the season the club disappointingly did not take the first place, due to a string of lost and drawn games in the spring of 2010. OB were drawn to face Scottish club Motherwell in the fourth qualifying round of the 2010–11 Europa League.
In the 2023-24 season OB was relegated for the first time in 26 years. The relegation was confirmed in the second last round. They finished 7th in the regular season, but bad results in the relegation group would see them finish 11th.[2]
The following season they won the Danish 1st Division and was therefore promoted to the Superliga again.[3] They lost just 1 match in the regular season, and 2 in the promotion round.[4] Afterwards they brought in German manager Alexander Zorniger to replace Søren Krogh, as the club felt they 'needed more experience'.[5]