It took place between 16 July 1966 and 23 October 1966, with the final played at Melavöllur in Reykjavík. The cup was important, as winners qualified for the UEFA Cup Winners' Cup (if a club won both the league and the cup, the defeated finalists would take their place in the Cup Winners' Cup). Teams from the Úrvalsdeild karla (1st division) did not enter until the quarter-finals. In prior rounds, teams from the 2. Deild (2nd division), as well as reserve teams, played in one-legged matches. In case of a draw, the match was replayed.
KR Reykjavík won their 6th Cup in 7 seasons, beating the Icelandic champions, Valur Reykjavík, 1 - 0 in the final.
Football is the most popular sport in Iceland. Iceland hosted the U-18 European Championship in 1997, but an Icelandic national team has qualified for the final competition of a major tournament only five times—three times by the women's national team at UEFA Women's Euro in 2009, 2013 and 2017, and twice by the men's team at UEFA Euro 2016 and the 2018 FIFA World Cup. The only Iceland teams to advance past the group stage at a major tournament were the women in 2013 and the men in 2016.
The 1972 Icelandic Cup was the 13th edition of the National Football Cup.
The 1960 Icelandic Cup was the first edition of the National Football Cup.
The 1961 Icelandic Cup was the second edition of the National Football Cup.
The 1962 Icelandic Cup was the third edition of the National Football Cup.
The 1963 Icelandic Cup was the fourth edition of the National Football Cup.
The 1964 Icelandic Cup was the fifth edition of the National Football Cup.
The 1965 Icelandic Cup was the sixth edition of the National Football Cup.
The 1967 Icelandic Cup was the eighth edition of the National Football Cup.
The 1968 Icelandic Cup was the ninth edition of the National Football Cup.
The 1969 Icelandic Cup was the 10th edition of the National Football Cup.
The 1970 Icelandic Cup was the 11th edition of the National Football Cup.
The 1971 Icelandic Cup was the 12th edition of the National Football Cup. Víkingur Reykjavík were winners.
The 1973 Icelandic Cup was the 14th edition of the National Football Cup.
The 1974 Icelandic Cup was the 15th edition of the National Football Cup.
The 1975 Icelandic Cup was the 16th edition of the National Football Cup.
The 1977 Icelandic Cup was the 18th edition of the National Football Cup.
The 1978 Icelandic Cup was the 19th edition of the National Football Cup.
The 1979 Icelandic Cup was the 20th edition of the National Football Cup.
The 1989 Icelandic Cup was the 30th edition of the National Football Cup.
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