FNB Stadium is home to Kaizer Chiefs Football Club. It is also the preferred venue for the Soweto derby football matches - the country's biggest sporting showpiece - involving Soweto based Premier Soccer League clubs, Kaizer Chiefs and Orlando Pirates. It was also the traditional home of the Iwisa Maize Meal Spectacular and later, the Telkom Charity Cup, which were charity soccer season openers in South African football from 1990 to 2006, before it was closed for renovations. The Charity Cup then returned in 2010. The stadium was re-opened when it hosted the 2010 Nedbank Cup final between Bidvest Wits and Amazulu.
Kaizer Chiefs F.C. planned stadium was redesigned into a cheaper project, with a new price tag at R700 million, and the capacity being reduced from 55,000 to 35,000 seats. As part of the new revised construction plan for the stadium, it was announced by Kaizer Chiefs, that they no longer plan to be one of the owners of the stadium, but remain ready to support the stadium as a long time committed tenant. The new stadium was initially planned to be part of a greater sports precinct, into which the club would also move its entire ""Kaizer Chiefs Youth Development Programme"". The Gauteng