Khazar Lankaran have won the Premier league title only once, and the Azerbaijan Cup three times.
They have a fierce rivalry with Neftchi Baku. The Böyük Oyun rivalry between Neftchi and Khazar has been played since 2004. The club is also a member of the European Club Association, an organization that replaced the previous G-14 which consists of major football clubs in Europe.
After Mircea Rednic's appointment, who have signed a string of Romanian players and footballers from Liga I, club did not found success in European cups. On 4 December 2011, Khazar announced that Rednic had been sacked by the club due to a run of poor performances.
Khazar Lankaran's home ground is Lankaran City Stadium. It has a capacity of 15,000 and is the third largest stadium in Azerbaijan. The stadium also known as Fırtınalar meydanı (Arena of Storms), named after club's local supporters Fırtına fan group.
In 17 July 2009, UEFA approved stadium for the usage during international football matches. The stadium hosted its first senior international match on 5 September 2009, between Azerbaijan and Finland.
Khazar is one of the best supported clubs in Azerbaijan, having the highest attendance in the Caucasus region. Supporters of Khazar Lankaran are drawn from all over the Southern Region and beyond, with supporters' clubs all across the world. The club's supporters are also known as the as Fırtına (Storm).
Azerbaijani teams are limited to nine players without Azerbaijani citizenship. The squad list includes only the principal nationality of each player; several non-European players on the squad have dual citizenship with an EU country.
Lists of the players with the most caps and top goalscorers for the club, as of 15 April 2014 (players in bold signifies current Khazar player). Zaur Ramazanov is the club's all-time top scorer with 33 goals in 69 games.