Bakurevich decided to start an academy that is free from taxes, making the club base in Benkovski, Varna Province.

[3] Since Bakurevich had Russian and Ukrainian roots, a few players from Russia and Ukraine, living in Bulgaria, joined the main team and the academies.

[6] In their first cup appearance, Fratria was drawn against local team Spartak Varna, but lost the match with a 1:3 result, played on 8 September 2023.

[12] On 1 June 2024 Fratria won their match against Ustrem Donchevo, finishing second, with the same points as Ludogorets III and promoted to Second League.

As of 2 February 2025[update][19] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.

Up to five non-EU nationals can be registered and given a squad number for the first team in the Bulgarian First Professional League however only three can be used in a match day.