Since the beginning of its activities in the soccer department, in 1924, Ypiranga played its matches in a stadium known as "Estádio da Montanha", located at Rua Bento Gonçalves, Ipiranga district, in a field that deteriorated over time and was abandoned. At that time, the club's headquarters was on Rua Alemanha, in the city center. After receiving the support of the club's president in 1964, Oscar Abal, the idea of building its own stadium was started, on a piece of land that had a lagoon and a quarry around it. In 1967, the construction of Ypiranga's own stadium began, located on Avenida Sete de Setembro, considered one of the city's most traditional avenues. The enterprise only became viable due to the sale of patrimonial titles and with the raffle of cars and household appliances, in a moment when the club reached 50 thousand patrimonial members, including abroad. With the decision taken, it also became necessary to sell and subsequently demolish the Mountain Stadium to pay for the financial costs of building its own stadium. The capacity of the stadium Colosso da Lagoa, at the time of its construction, was 30,000 people. However, with the FIFA standards put in place to avoid problems caused by overcrowding, its maximum capacity was reduced to 22,000 spectators. This reduction is also due to the implementation of two thousand white chairs in a sector of the bleachers, which come from the
Estádio Beira-Rio, which would no longer be used after the renovation made for the 2014 FIFA World Cup. Despite the reduction in capacity by about eight thousand seats, the Colosso da Lagoa is the fourth stadium in number of spectators in Rio Grande do Sul, and the largest in the countryside. ==Current squad==