The club was co-founded by former Philippines national team defender Anton del Rosario, Cedric Hodreal[citation needed], and ex RP U19 and DLSU stand-out Richard Calunsod.

The team had noted Philippine celebrities in its squad such as Nico Bolzico, husband of actress Solenn Heussaff, and Brazilian-Japanese model Daniel Matsunaga.

[4] On July 27, the Facebook and Instagram pages of Maharlika were created, leading to exciting new rumours of the formation of a new club.

On August 6, during a livestream on the Facebook page of Sports On Air, Del Rosario revealed that Maharlika was applying for a license to be able to join the PFL as early as the 2020 season.

Vikings of the Taiwan Football Premier League fully acquired the Filipino club by January 2025 taking over the ownership from Anton del Rosario while remaining in the PFL.

[24] The club's crest was designed by Augustino Cabral of Southside Football with its own nickname featured at the bottom using the traditional Baybayin script.

[25] The club is named after a feudal warrior class of the ancient Tagalog society in Luzon during the pre-colonial era.