After Stanislav Kosior was repressed in the 1930s, the name was changed to Shevchenko Park Stadium.

At the end of the 1950s, it was renamed as Avanhard Stadium after the Ukrainian Sport Society of industrial workers.

[3][4][5][6][7] Allrise Capital's main owner is Russian expat in America Vladimir Yevseyev.

[8] In August 2020, the Shevchenko District Court of Kyiv arrested the stadium complex and handed over to the Agency in search and management of assets (Ukrainian).

The pretrial investigation began based on a statement of public organization "Olimpik" that owns the football club with the same name.