[2] Despite their mid table finish, the political changes in Russia at the time led to significant upheavals in the way in which football was organised in the country.

[2] An attempt to revive the team by the government of the Sakha Republic was made in 1997 under the name Montakhnik (Russian: Монтажник, lit.

[2] On 14 July 2008 the President of the Sakha Republic, Vyacheslav Shtyrov, held a meeting, the main theme of which was the development of football in Yakutia.

[2] In addition to a satisfactory finish in the league, at the end of August, the team traveled to Svobodny for the AFL Dalny Vostok Cup.

[10] An opening loss to SKA, who defeated them in the cup the previous season was followed by a 4–1 victory over Polytechnic and a 1–1 draw with Amur-2010, to finish second in the group and qualify for the semi-finals.

[10] There were further reorganisations in the 2011–12 season and ShVSM, now renamed FC Yakutia, found themselves promoted to the Second Division as it expanded to thirteen teams.

[14] As the second half of the season progressed, the financial crisis worsened and in March the Yakutian prosecutor's office conducted an audit into the club amid allegations of labour law violations.

[13] On 21 March 2013, a further session was held with the dispute resolution chamber of the Russian Football Union, where this time, six named players complained that they had not received wages.

[16] In order to resolve this dispute, the Prime Minister of Yakutia, Galina Danchikova, issued a decree[note 1] stating that in addition to providing an annual Rb 40 million grant, they would also subsidise salaries and bonuses.

[17] Nonetheless, despite the financial crisis, which had a significant impact on their winter break training,[16] the team produced their best performance since 1994, finishing in seventh place,[18] though their target was fifth, despite their situation.

[23] Nonetheless, at the start of 2015–16 season, the mood was positive, the team were on a training camp in Krasnodar and were confident that they understood what they needed to do in order to improve.

[24] Their performance however, was not good, and they finished in seventh place out of nine competing teams, with Amur-2010 Blagoveshchensk and Sibiryak Bratsk having withdrawn midway through the season following the loss of their main sponsors.

[25] As the season progressed, it became increasingly clear that the club were once again in the midst of significant financial troubles and that the Yakutian Ministry of Sport were very dissatisfied with their performance.

[28] By the time of their game against Chita towards the end of April, the financial situation was critical and the company was on the verge of collapse according to supporters groups.

[29] By the middle of May, it was looking highly unlikely that the club would be able to fulfill its remaining fixtures, with head coach Sergey Shishkin remarking that, "I think that our match [against Irtysh Omsk] is likely to be our last.

[30] These fears were confirmed three days later when the club informed their opponents that they would not be able to fulfill these fixtures and 3–0 technical defeats were awarded against them,[31] and in addition, they were fined Rb 1 million by the Russian Football Union.

[12] The club had a small supporters group of approximately fifty members called "Polar Pack" (Russian: Полярная стая).