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Launceston City was founded in 1957 orignally known as Roma. City was particularly dominant in the 1960s, when they won every season except 1964. Although Northern Tasmania's most successful club with 19 Northern titles, they have failed to repeat their dominance of the 60s. The club uses the colours of Juventus and has links to the club. Prior to the cessation of ethnic affiliations by Australian football clubs in 1997, Launceston City were known as Launceston Juventus.

In 1978 Launceston Juventus relocated from their home ground at Brooks High School to Buckby Motors Park located in Prospect Vale next to the Australian Italian Club where the club is still playing home games till this day. TassieCare Park has two playing grounds, fully functional floodlights for night games, clubrooms and changerooms.

Launceston City fields teams in the National Premier League Tasmania NPL, the second tier of Australian football, Northern Championship, Northern League 1, Under 18's and competes in the Northern Women's Championship Team this makes up over 100 senior registered players.

With regard to youth and juniors as of 2024, the club has nearly 600 players, compromising of 58 junior teams and over 100 enrolments in the clubs 'Juventus Academy'.

Since 2018, a video of former goalkeeper Niko Giantsopoulos kicking the ball away prior to an opposition striker taking a penalty has been a regular viral video on social media. The move, designed to throw his opponent off balance psychologically just prior to taking the kick, resulted in Giantsopoulos being issued a yellow card, but the penalty went ahead. Giantsopoulos saved the goal.