FC Spartak Nalchik was founded in 1935 and played in the regional "B-class" tournament.

In January 2014, Minister for Sport and Tourism of Kabardino-Balkaria announced the beginning of bankruptcy proceedings for the club.

[1] Later the same month, the Government of Kabardino-Balkaria allocated additional 61 mln roubles for the team from Republican budget.

[2] After the 2013–14 season, the club volunteered to be relegated to the third-tier Russian Professional Football League due to lack of necessary financing for the FNL.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.