The club originally was called Dnister and played in Ovidiopol but after the 2010–11 season the club moved to Odesa.
The town was named after Ovid, the Roman poet, based on the claim of Dimitrie Cantemir in his Descriptio Moldaviae that a local lake near Bilhorod-Dnistrovskyi (probably the Dniester Liman itself, on whose eastern shore the town is located) was named in Romanian Lacul Ovidului (Ovid's Lake).
:For urban settlement in the Ovidiopol Raion, Odessa Oblast (province) of southern Ukraine, see Tairove