Shevardeni were founded in 1906 after a Czech public figure named Jaroslav Svatoš invited several athletics coaches to Georgia at the end of the 19th century and formed a sports society called Sokol (Czech word for Falcon that was later translated to Georgian Shevardeni).

The club played its first match on October 23, 1911, against the united team of different sports societies and won the game 1–0.

Recently the club was re-established as Shevardeni 1906 and its new representatives have vowed to bring the team back to the top Georgian division.

In May 2022, the GFF Disciplinary Committee ruled that Dinamo Zugdidi and Shevardeni-1906 match-fixing and thus they were expelled from the league with immediate effect on 22 May.

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