His place was taken by Serbian Petar Kurčubić, but he was also unable to achieve good results, and Olimpik Baku finished 12th.

Olimpik came very closed to win 2007–08 league title, but the team was beaten by Qarabağ at last round game, although they only had to play a draw.

[5] Olimpik's debut in European competitions was also not successful, as they were eliminated in the 1st qualifying round of 2008–09 UEFA Cup by Serbian side Vojvodina.

[7][8] In November 2009, Asgar Abdullayev completed his mission and he was changed by former Azerbaijani football star Nazim Suleymanov.

[13] In July, club president Vaqif Gasymov invited Elkhan Abdullayev to AZAL and he signed a one-year contract.

[15] In April, after the unsuccessful run, Mirzayev was sacked, and Azerbaijan national football team former manager Vagif Sadygov was appointed as a new head coach.

The team won 16 games, scored 57 goals, renewing own records, but for the second time consecutively did not enter Championship Group after Preliminary Round.

[17] Brazilian striker Nildo scored 21 goals, showing the best individual record in AZAL's history for the scorers in a single season and became one of the topscorers of the 2012–13 Azerbaijan Premier League.

In 2009, it was designed a new version of the crest with a white and blue stripes, and remained for a next season, however the club became AZAL PFK.

For the guest games the team usually wears an all white kit, except 2007–08 season, when Shuvalan has worn red-black striped jersey, black shorts and red socks.

Shuvalan was founded by former futsal player, currently FIFA licensed Football agent Kamil Mammadov.

Since the Shuvalan FK has had just two presidents: former general officer Rasul Rasulov and the club's former vice-president Vaqif Gasymov.

At the end of 2011, after Gasymov's resign Silk Way Airlines company chairman Zaur Akhundov became the Shuvalan FK new president.