[1] It is primarily used for football matches and it is the home stadium of Nemzeti Bajnokság II club Budapest Honvéd F.C..

The capacity of the new stadium was announced to be 9,000, with 900 VIP seats, 350 skyboxes, and a 100 square metre mixed zone for the press.

[6][7] The facilities include a modern floodlight system while a lion statue designed by Gábor Szőke was placed in front of the stadium.

[13] A ceremony to mark the beginning of construction was held on 21 March 2019, with minister of sport Tünde Szabó, Kispest mayor Péter Gajda, and Budapest Honvéd owner George Hemingway present.

[19] On 10 October 2024, Israel hosted France in the 2024–25 UEFA Nations League A group match due to the Israel–Hamas war.