The stadium was opened by the city, and leased on longterm basis by football club FK Sarajevo.

In July 2004, FK Sarajevo proposed the new name for sporting and football events, in honor to its former player and club's legend from the 1960s, Asim Ferhatović - Hase.

Today, the total capacity of Koševo is 34,500 seats, and up to 70,000 for musical and various public events, such as U2's concert as part of their PopMart Tour in 1997 and Dino Merlin's Burek tour in 2004 and Hotel Nacional in 2015, or hosting of papal pastoral visitations by Pope John Paul II between 12–13 April 1997 and Pope Francis on 6 June 2015.

[1] On 7 February 1984, the Asim Ferhatović Hase stadium hosted the opening ceremonies of the 1984 Winter Olympics for which it was thoroughly renovated and expanded.

[7] — Sarajevo: Muftić (Sirćo), Fazlagić, Vujović, Prljača (Šehović), Biogradlić, Ristić, Čerkić, Smajlović, Ferhatović (Blažević), Osim, and Mušović (Šiljkut)— USSR: Yashin, Chertkov, Shesternyov, Ponomaryov, Voronin, Shustikov, Chislenko, Kazakov, Metreveli, Logofet, and Meskhi — scorers: 0:1 Metreveli (15th min), 0:2 Kazakov (51st min), 1:2 Šehović (67th min)— attendance: ~40,000— FK Željezničar players Ivica Osim and Mišo Smajlović played the match for Sarajevo