FC Krasyliv was a Ukrainian football team that played in Krasyliv, Khmelnytskyi Oblast.
In 2000 a local company of Petro Arsenyuk bought out a local team and a stadium. The same year the team won the Khmelnytskyi Oblast football competitions in the regional second tier.
The club entered the professional leagues in 2001 with help of former players Serhiy Kovalets and Ihor Khiblin (also a referee). The club was initially successful finishing in 3rd place in the Druha Liha Group "A". The same season they were crowned champions and were promoted to the Persha Liha for the 2002âÂÂ03 season. On Saturday 9 August 2002 Krasyliv visited Khmelnytskyi as part of Round of 64 of the 2002âÂÂ03 Ukrainian Cup. They beat the home team Podillia on penalties 5âÂÂ4 after regulation time ended in a 1âÂÂ1 tie. This regional derby match was principal in the way that the previous season Krasyliv left Podillia behind winning the Second League and gaining promotion to the First League.
The club, coming from a small provincial town was under financial duress and in 2003âÂÂ04 they forged a union with Obolon and became their farm club under the name Krasyliv-Obolon.
Before the next season started FC Podillya Khmelnytskyi who finish 2nd in the Ukrainian Second League 2003-04 season merges with Krasyliv-Obolon and moves the team operations from Khmelnytskyi to Krasyliv prior to the start of season.
In 2006 on petition of the Mayor of Khmelnytskyi City, Mykola Prystupa, it was agreed that FC Podillia would play in Krasyliv, while FC Krasyliv will be based in Khmelnytskyi.
Following the 2006 mayoral elections of the Khmelnytskyi City and election of new mayor, a conflict arose between the head of club's council Oleksandr Arsenyuk and the newly elected mayor Serhiy Melnyk.