The Blues return to Europe follows Cork City's 3-1 victory over Bohemians in last night's FAI Cup Semi-final replay in Turners Cross.
Three years ago Waterford were on their knees and bucket collections were the order of the day. The Club just about saw out season 2016 in the first division.
In came Lee Power as an investor and he said he wanted promotion in his first season.
The lower grade league was won in 2017 and Lee Power then said he was targetting European football for 2019.
A 3 - 1 victory over Bohemians in Dalymount Park last Friday secured a top four spot position in the Premier League and following Cork City's 3-1 victory over Bohemians in last night's FAI Cup Semi-final replay in Turners Cross means the Blues will now grace Europe for the first time since 1986. Back then Bordeaux provided the opposition.
Manager Alan Reynolds and his players will now target third position, starting with a home game against the league champions Dundalk on Friday at the RSC.