Founded in 2007, FK Mughan played their first season in the First Division, A Grupu, under the name of FK NBC Salyan. Finishing First in this group, they were admitted to the Second stage of the season. The club failed to achieve promotion, finishing third in the group. However,
FK Masallı withdrew for the 2008/09 season, so FK Mughan gained a spot in the
Azerbaijan Premier League. In the 2008/09 season, FK NBC Salyan changed their name in FK Mughan on 31 October 2008. Their first match in the
Azerbaijan Premier League was against
FK Qäbälä. They lost 4–1. Their first victory was in round 3. Against
PFC Turan Tovuz they won with 3–1. Finishing the season on the 12th spot, FK Mughan had just enough points to stay clear of relegation. In
2010–11 season, club finished 8th place but due sponsorship reasons, club is ruled out to participate in the next season and will be replaced by
Simurq PFC. In 2012, club's owners announced that club will be dissolved and they will not be participating in
Azerbaijan First Division. == Colours and crest ==