Although a Perak football team had competed as early as 1921 — particularly in the Malaya Cup, the predecessor to the
Malaysia Cup — the Perak Football Association (PAFA) was only formally established on 18 April 1951 to oversee football development in the state. In 1957, Perak became the first team to lift the Malaysia Cup at the
Merdeka Stadium. In 1964, it featured in the first Malaysia Cup final to be broadcast live on television, though it lost 2–3 to
Singapore. In November 2021, private broker company IMC was announced as caretaker owner of the club. This marked the start of a transitional period in which the team moved toward privatisation. In August 2022,
XOX Bhd completed a full takeover of the club through its subsidiary XOX Pro Sport Sdn Bhd. However, the venture was short-lived. Because of their serious financial problems, Perak FC decided to not applying the national club licence from the
Malaysian Football League for the 2025–26 season and the club was officially dissolved in 2025. == Dissolution (2025) ==