Due to the inter-communal conflict between the Turkish Cypriots and Greek Cypriots at the time, the club did not register to play in the Cypriot First Division and only participated in some friendly matches.
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Due to economic underdevelopment and negligence of the Güzelyurt area, Ülkü Yurdu continued to suffer from inconsistency during the early 2000s.
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With 4 Birinci Lig titles, 3 Cumhurbaşkanlığı Kupası (President's Cup), 2 Dr. Fazıl Küçük Kupası titles and 1 Başbakanlık Kupasi (Prime Minister's Cup) title to its name, the club is among the most successful sports clubs in the Turkish Republic of Northern Cyprus football.
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The football leagues were set up in Cyprus upon the establishment of Cyprus Football Association in 1934 and Çetinkaya Türk S.K. joined the Cypriot First Division as the sole representative of the Turkish Cypriot community.
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Despite being promoted back to Birinci Lig in the 1997-98 season, the team did not manage to survive and spent the later parts of 1990s between Birinci Lig and İkinci Lig.
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The club is renowned for producing talented young players from its youth ranks raised in the local area of Güzelyurt.