Just checked and they were formed in 1903 as Young Fellows of Zurich. Young Boys were also around prior to 1907 so my hunch they were an earlier form of Young Boys was incorrect
If there had been a European Champions League in the 1907-08 season, these would have been the qualifiers, the criteria being to finish Champions or runners-up in the national League of that country or in Spain's case, the cup winner and runner-up in the previous season:
Celtic
Dundee
RCF Paris
Roubaix
Freiburger FC
Viktoria Berlin
Servette
Young Fellows (Not to be confused with Scunthorpe United)
Madrid FC
Club Bizcaya
Ferencvaros
Magyar Atletikai Club
Milan (AC)
Torino
Newcastle United
Bristol City
I reckon we would've been joint favourites along with Newcastle United. Wouldn't have minded seeing Viktoria Berlin at the Gate as long as she didn't bring David.