This club in 2002 carried name of FC Sumy after being merged with Frunzenets-Liha-99, but already next year it changed back to Spartak and in 2006 folded.

It did cost the investors over 50 million euros to construct, making it the most expensive and largest stadium that any Ukrainian Second League club uses.

In 2000 Yavir Krasnopillia was revived in its home town and restarted its participation in regional competitions, while Spartak Sumy competed in the First League.

The city of Sumy for quite some time used to have its own football teams during the Soviet period, such as Spartak, Frunzenets, and others which eventually were disbanded.

After the 2009–10 Ukrainian Second League season the club again found itself in financial distress and failed attestation, which was followed by their license being withdrawn by the PFL.

In June 2017 it was announced that "Sumy Engineering" transferred its corporate rights on the club to the Romny-based company "Ahrobiznes TSK".

[5] In April 2018 the local news media announced a sudden death of director of Romny Ahrobiznes and a member of regional council.

[8] On 13 August 2018 head coach of PFC Sumy Zolotnytskyi announced that the club has salary debts to players and is forced to get relocated to Okhtyrka[9] which team recently was dissolved.

In October PFC Sumy acknowledged that it has problems with financing, in addition earlier this month it was accused in match-fixing.

On 14 April 2019, the chairman of the FFU committee of ethics and fair play Francesco Baranka noted that PFC Sumy has earned some 10 million euros in match fixing.