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Dnepr Mogilev was founded in 1960 under the name Khimik Mogilev and began playing in the Class B (second-tier league) of the Soviet championship, which consisted of over 140 teams split into several regional zones. In 1963, the team was relegated to the third tier due to league structure reorganization, and their name was changed to Spartak Mogilev. In 1970, they dropped to the fourth tier, but the following year were brought back to the third, both times due to further league reorganizations. In 1973, the club adopted their current name, Dnepr Mogilev. Dnepr would spend all subsequent Soviet-era seasons in the third-tier league, with one exception. In 1982, Anatoly Baidachny led Dnepr to win their zone and then the final round between the zone winners and promotion to the Soviet First League. However, the club couldn't maintain their second-tier spot and relegated the following year.
In 1992, Dnepr joined the newly created Belarusian Premier League. The team's results in the post-Soviet years varied from runners-up in 1992 and champions in 1998 to the unfortunate relegation in 2011. Since then, Dnepr has come back and was relegated again in 2014. As of 2015, Dnepr is playing in the Belarusian First League.
In spring 2019, the club merged with Premier League team Luch Minsk, citing the willingness to keep the city of Mogilev represented in the top flight. The united club was named Dnyapro Mogilev. It inherited Luch's Premier League spot and licence, their sponsorships and most of the squad while keeping only a few Dnepr players and relocating to Mogilev. Dnepr continued its participation in youth tournaments independently from Luch.
In 2020, Dnepr Mogilev reformed and joined the Second League after Dnyapro Mogilev ceased to exist following their relegation from the Premier League.
Name changes
1960: founded as Khimik Mogilev (Belarusian: Хімік)
1963: renamed to Spartak Mogilev
1973: renamed to Dnepr Mogilev
1998: absorbed Transmash Mogilev and renamed to Dnepr-Transmash Mogilev (Дняпро-Трансмаш, Dniapro-Transmash)
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Relegated due second level reduction from 10 zones (150 teams) in 1962 to a single group of 18 teams in 1963
Relegated as Class B changed its status from 3rd to 4th level in 1970, and the top two levels were reorganized into three with fewer teams.
Promoted due to 3rd level (Class A Second Group, renamed to Second League since next season) expansion from 3 to 6 territorial zones (from 66 to 124 teams) in 1971 and dismissal of 4th level.
In 1973, every draw was followed by a penalty shoot-out, with a winner gaining 1 point and loser gaining 0.
Anatoly Baidachny (30 November 1979 – 30 November 1984)
Valery Streltsov (1986–93), (1994–95)
Vladimir Kostyukov (1995)
Vyacheslav Gerashchenko (3 September 2011 – 1 October 2013)