 In April 1996 the club's creator (Stepan Kravchun) and the factory general director was removed from governing of the club which had reflected in further club's performance.Following relegation during the 1997–98 season, Torpedo Zaporizhya competed successfully in the Ukrainian First League, taking third place and achieving promotion back to the Ukrainian Premier League.However despite this finish, the club applied for bankruptcy following the conclusion of the 1998–99 season and were suspended by the Ukrainian Football Association.