It is a one-off match between the winners of the previous season's League of Ireland Premier Division and the FAI Cup, and functions both as a domestic Super cup and an unofficial opener to the football season in Ireland.

Because it is organised by the Football Association of Ireland, it is sometimes misleadingly referred to as the FAI President's Cup.

A similarly named and formatted competition, the LFA President's Cup was organised by the Leinster Football Association.

[1][2] On 25 February 2014 the cup itself was officially unveiled with a ceremony at Áras an Uachtaráin hosted by the President of Ireland, Michael D. Higgins.

[3][4][5] President Higgins subsequently attended the inaugural final at Richmond Park on 2 March 2014,[6] which was won 1–0 by St Patrick's Athletic with Keith Fahey scoring the winner.