[3] Skonto FC was founded in 1991, under the guise of Forums-Skonto, and immediately started to win league championships, 14 in a row, until finishing second to FK Liepājas Metalurgs in 2005.

During the 1998 season, Skonto FC thrashed FK Valmiera 15–2, scoring the highest number of goals in a single game in the club's history.

During these years Skonto FC supplied the Latvian national team with most of its players: Māris Verpakovskis, Marians Pahars, Aleksandrs Koliņko, Vitālijs Astafjevs, Igors Stepanovs, Imants Bleidelis, Juris Laizāns, Mihails Zemļinskis, Valentīns Lobaņovs, Andrejs Rubins, and others.

In January 2001 midfielder Juris Laizāns joined the Russian Premier League side CSKA Moscow for £1,57 million, the highest ever transfer fee received by a Latvian club to date.

An exciting battle for the Latvian championship title occurred again in the final round of the 2001 season when Skonto trailed FK Ventspils by two points as they faced an away match against Liepājas Metalurgs, a team which also had hopes of becoming champions.

In 2004, the head coach Aleksandrs Starkovs – one of the essential pillars of the club – left Skonto FC by accepting a proposal to work at Spartak Moskva, that time champions of Russia.

[4] The leadership of the team was entrusted to Jurijs Andrejevs, his long-term assistant, but after the loss against FK Rabotnički, of the Republic of Macedonia, Skopje in the UEFA Champions League qualification tournament, he resigned from the post.

[8] Former player Vladimirs Koļesņičenko took over and, furthermore, the club's manager Marians Pahars accepted an offer to become the head coach of Latvia national U-21 football team.

[16] On 6 July, due to long-term non-payment of salaries, Skonto players refused to play the away match against FK Liepāja and the club suffered a 3–0 technical loss.

[19] On 14 October it was announced that Latvia's State Revenue Service had suspended the club's economic activity, with the possibility for an appeal to be submitted within one month.

[21] The same day Skonto announced the resignation of its president Igors Zaicevs, but the club was still considering the option to submit an appeal to the State Revenue Service.

[3] Since the club was denied a license to play in the Latvian First League, its remnants merged with RTU FC under the name of Skonto Academy before the start of the 2017 season.

Besides regular football matches this stadium has also hosted concerts of worldwide superstars like Depeche Mode, Massive Attack, Aerosmith and Metallica.