It is the traditional home venue of major Turkish multi-sport club Fenerbahçe S.K..

[citation needed] İttihatspor (which had close relations with the political İttihat ve Terakki), was forced to sell it to the state, in which Şükrü Saracoğlu (1887–1953) was a member of the CHP government.

Thus, the ownership of the stadium passed to the state, but the field was immediately leased to Fenerbahçe.

By the year 1949, Fenerbahçe Stadium was the largest football venue in Turkey, with a seating capacity of 25,000.

The stands on the four sides of the stadium were torn down one at a time, as the Turkish Super League seasons progressed, and the entire renewal and construction project was finalised in 2006.