The club was founded in 2005, following the folding of the historical FC Chernomorets Burgas, which played numerous seasons in the first tier of Bulgarian football.

Financial problems followed, which led to instability and relegations to lower leagues, ultimately to the fifth tier, where the team played last in 2018-19, before being dissolved.

After a one-season stay in the amateur division, the club easily won the Bulgarian South-East V AFG with Dian Petkov as a head coach, finishing in the 1st place.

(the club is registered in the Bulgarian Football Union as PFC Chernomorets Burgas and is known by that name to the people.)

In December, 2008, Chernomorets's owner appointed for manager of the football club the notable Bulgarian player Krassimir Balakov, after being sacked from FC St.

[4] In July 2010, after differences between the owners of Petrol AD the club's budget was severely reduced and many employees from the staff were released.

Second half of the 2010-11 A PFG season was a nightmare for Chernomorets Burgas and the team collapsed to eighth place in the standings while being managed by two more coaches - Anton Velkov and Georgi Vasilev.

He founded high quality players for free like Jugurtha Hamroun, Lourival Assis, Aatif Chahechouche, and Yannick Boli, with Chernomorets Burgas having his best season in club history in the Bulgarian A PFG – a 4th place with real chances to reach the Europa League until the end.

In the next season, they were unable to bounce back and lost their professional status after suffering another relegation - to the V group.