The stadium was opened on 28 August 2020 and currently serves as the home for UTA Arad of the Liga I.

It is named after a local Jewish Hungarian aristocrat, Francisc von Neumann, a baron who owned several businesses in Arad and personally sponsored the construction of the old stadium and the founding of the team.

[3] The first match at the stadium was a Liga I game played between UTA Arad and Voluntari, which ended in a goalless draw.

The first match with spectators was the 2021 women's Romanian Cup final between U Olimpia Cluj and Heniu Prundu Bârgăului,[5][6] which ended with a 1–0 win in extra-time for the Cluj team.

The first international game played on the arena was the friendly goalless draw between UTA Arad and Kolubara Lazarevac.