Peake Villa AFC was founded in the quiet country district of Dualla, Co. Tipperary in 1967. It's founder members were John Walshe, Matthew Ryan, Willie Moloney and Jim McEntee, three of these people being from Boherlahan and the latter from Thurles.

The name was based on the combination of the townsland where the club was formed PEAKE, Gale, Thurles, Co. Tipperary. Jerry Quigley of Cabragh, Thurles was first player to sign and play for Peake Villa and his family were great friends of Ron Saunders the Aston Villa manager at the time. Hence the combination of the two give the club its name of Peake Villa.