The club was founded in 1928 as Whetstone Athletic and initially played in the Leicester City League. They joined Division Two of the
Leicestershire Senior League in 1967, and after finishing third in 1970–71, were promoted to Division One. However, they finished bottom of Division One the following season, and were relegated back to Division Two. They won the Battle of Britain Cup in 2004–05, beating
Thurnby Rangers in the final, and went on to win both the League Cup and the
Leicestershire and Rutland Senior Cup in 2007–08, In March 2018, Blaby & Whetstone resigned from the East Midlands Counties League. They were subsequently accepted into the Premier Division of the Leicestershire Senior League for the 2018–19 season. However, they resigned from the league midway through the 2022–23 season. ==Honours==