1990–1995 In 1990 m. was founded as Sakalas; 1990 m. they were in Baltic league, and since 1991 m. in Top division of Lithuania (Aukščiausia lyga). Five seasons in top division was without titles; in 1995 m. club found new investors and sponsorship.
1995–1999 1995 m. was made some kind of the re-branding and "Sakalas" changed name into "Kareda–Sakalas". From 1996 they were known only as FK Kareda. This club was under control of the crime elements of
Šiauliai City. They had ambitious plans and sponsored club. The best players were in club and FK Kareda won championship and LFF Cup tournament. In 1999 Lithuanian police strike to the crime groups and some left Lithuania, some were in jails, and without sponsorship, the club had financial problems.
2000 Before 2000 season club was sold and removed to
Kaunas. New owner was
Vladimir Romanov, also owner of
FBK Kaunas. Two clubs with one owner could not play in the same league, so Kareda was relegated to second level. Later (in 2003) defunct. == Participation in Lithuanian Championships ==