Founded in 1918, Spartak Varna established itself as one of the early pioneering clubs in Bulgarian football.

Spartak has spent the majority of its existence in the first tier of Bulgarian football, with the club’s most recent top flight participation being season 2022–2023.

Spartak Varna was founded on 28 August 1918 by a group of young people, who were playing football together for two years.

On 30 January 1924 "Bulgarski Sokol" merged with the sport club "Shipka" and proved to be one of the strongest teams in Varna.

Among all the players called with a lot of love from the fans "Falcons" with most successful plays was the forward Mihail Tunchev.

On 18.09.1932 in front of 10 000 audience on the football field of AS-23 the falcons won with 2:1 and became State Champion and Winner of the Cup of the King.

In the next season "Shipchenski sokol" were again champion of Varna, and for the State Championship they reach for the third consecutive time the final.

In 1960/61, Spartak had very good matches in the tournament of the Soviet Army which then was playing the role of the Cup of Bulgaria.

In 1982 the "Falcons" reached the final of the Cup of Bulgaria as they won the semi-final against Levski-Spartak in Kazanlak in front of a crowd of 20,000.

Spartak displayed strong performances in both games, but narrowly lost 1-2 at the Yuri Gagarin Stadium and 0-1 at Old Trafford, thus suffering elimination.

Rivals of the "falcons" were the teams of NK Rijeka Croatia, the English Oxford United F.C., Hungarian Újpest FC and many others.

In its 84 years of history Spartak went through many peaks and downfall moments, but it left a bright trace in the Bulgarian football.

In May 2010, Spartak Varna was relegated to Bulgarian North East V group due to the inability to comply with requirements for a professional licence.

The fan-owned team finished second after Spartak 1918 in the first half of the 2010/2011 season, but due to financial problems, it stopped its participation.

The group of fans who formed FC Topolite kept boycotting the current management of Spartak 1918 for the next few years, by not attending the team's games.

A new team was founded on 17 May 2015 by founding board led by Spartak's legends Atanas Atanasov, Lyudmil Goranov, Dimitar Trendafilov, Ilko Stanchev and Trayan Dyankov,[1] after the original club Spartak 1918, still alive despite the financial collapse and maintaining a youth team and an academy had bad leadership in the last years.

Some of the players who joined the newly founded team played also for the local futsal club Grand Pro Varna.

[3] On 11 May 2016 the club gain the rights on Lokomotiv Stadium, which would give them the chance to start a complete youth academy from the 2016/17 season.

On 1 February 2017 it was announced the official merger with Spartak 1918 manager, Ivan Naydenov, taking the team.

On 5 May 2022, after a 2–1 home win against Sozopol the team secured a top 3 place and their return to First League in the 2022–23 season, after 12 years of absence.

The team managed to reach the quarterfinals, defeating top tier side Lokomotiv Sofia in the round of 16 after a penalty shootout.

[20] 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.