2007-09
At the end of 2006 season, the main sponsor of the club, Kazakhstan Temir Zholy (National railways company), withdrew. This precipitated a financial crisis which lasted until the start of 2007 season. Consequently, most of the club's players switched to other teams. The club entered the 2007 season with an inexperienced, young team. In July 2007, a group of private investors took over the club and invested around U.S. $4 million in it. The club progressed to the quarter-final of the National Cup of Kazakhstan but was very close to relegation, finishing in thirteenth position that season. At the beginning of 2009, the club declared itself bankrupt and was relegated to the First Division. In November 2009, Kairat became the champion of the First Division and was promoted to the Kazakhstani Premier League.
Read more about this topic: FC Kairat