The club was refounded in late 2011 by the native of Martuni Bagrat Navoyan. They entered the 2012-13 Armenian First League competition and won the championship. The club have booked their position in the Armenian Premier League for the 2013-14 season. The current manager of the club is the former player Sergey Erzrumyan succeeding Albert Sarkisyan who was sacked in April 2013. The assistant manager is Aram Hakobyan.
The club play their home games at the Nairi Stadium of Yerevan. The stadium is owned by Alashkert FC since February 2013. They have many fans from Martuni who are able to stream live matches with their iPhones, iPads and other mobile devices despite being mainly a fornicating lot who struggle much more than their Yerevan counterparts.