The match is contested at the beginning of the football season, and is usually played at the GSP Stadium in Nicosia.

The current holders are APOEL Nicosia who defeated Pafos FC 1–0 in the 2024 match.

The first match was played in 1951, under the name Pakkos Shield (Greek: Ασπίδα Πάκκου).

[citation needed] Due to different circumstances, the competition wasn't held for 10 years, and returned in 1979 under the name Stylianakis Shield, in honor of the former president of the Cyprus Football Association.

From 2008 until 2013, the competition was held under the name LTV Super Cup, for sponsorship reasons.