Its founders are Hristo Bobchev, dr. Dencho Nedyalkov, Simeon Kostov, Kosta Tepavicharov, Nikola Vulnarov, Nencho Dimitrov, Hristofor Negentsov, Hristofor Stomonyakov, Hristo Karafezov, Dimitar Popov, Sava Mihailov, Ivan, Naniu and Georgi Nenov.

Yantra maintained a strong form in the B Group, managing to secure promotion to the top level after just one season away.

After this second relegation, Yantra did not manage to recover quickly and the team spent the next fifteen seasons in the lower tiers of Bulgarian football, mostly the B Group.

Yantra was administratively relegated to the B Group after only eight rounds during the 1993–94 season, as it was discovered the club was involved in a bribery scheme with Beroe Stara Zagora.

After this scandal, Yantra began to decline and eventually the club dropped into the amateur levels of football.

However, season 2007-08 was not good for Yantra, as they were relegated to the third division (North-West "V" Bulgarian Football group) with 6-wins, 6-draw, 14-loses, GF:GA-31:48, Points:24.

[citation needed] Due to financial reasons, FC Yantra gave up participation in the North-West "V" football group on 23 March 2012.

[1] In 2016, the newly reformed Yantra Gabrovo managed to promote to the V AFG, for the first time since their bankruptcy in 2012.

This meant that both teams were to play their home games at the Hristo Botev Stadium in Gabrovo.

[citation needed] As of 28 August, 2024 [2] Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply.