Founding In the summer of 2005, the club was founded by the mayor of
Burgas. Despite the protests of the owner of
FC Chernomorets Ivaylo Drazhev, the new club was named
OFC Chernomorets 919 and was named as a successor of the current then FC Chernomorets. At the same time, Drazhev formed another club in the capital Sofia under the name
PFC Chernomorets Burgas Sofia which only lasted one season and reached many anti-records. 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. In June 2006, OFC Chernomorets 919 won the Bulgarian Amateur Cup. In the final at the
Vasil Levski National Stadium, Chernomorets won with 4–0 against
Benkovski Kostinbrod.
Mitko Sabev era, 2006–2019 The same summer,
Mitko Sabev, a famous Bulgarian oil magnate and owner of the rival football club in the city
Naftex Burgas, bought the club from the municipality and renamed it to
PSFC Chernomorets Burgas. (the club is registered in the
Bulgarian Football Union as
PFC Chernomorets Burgas and is known by that name to the people.) The football club was used as a reserve team for
Naftex Burgas. And the owner appointed for manager the famous Bulgarian manager
Dimitar Dimitrov. In 2007, the Sharks won the
East B PFG and were promoted to the
A PFG. The next season Chernomorets finished 6th and qualified for the
Intertoto Cup. In the second round, the Sharks defeated
ND Gorica from Slovenia with 3–1 on aggregate to set up a third round clash with Swiss
Grasshopper Zurich, but were eliminated with a 0–4 on aggregate. 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. Gallen. At the end of that season, Mitko Sabev dissolved Naftex Burgas and bought
PFC Chernomorets Pomorie from
Pomorie, making the new club from the nearby town a reserve team for the main football club. On 14 January 2010, Chernomorets Burgas was named as the most progressive club in 2009 in Bulgaria. 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. However, on 6 December 2010,
Krassimir Balakov was released from Chernomorets Burgas after mutual consent. 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. On 30 May 2011,
Mitko Sabev appointed as manager for the second time
Dimitar Dimitrov – Hero. 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. However, little was not enough and the club eventually didn't qualify.
The huge come-down: From A Group to B Regional in 5 years and extinction After 2013/2014 season Chernomorets Burgas was relegated after 7 years in the
A PFG. In the next season, they were unable to bounce back and lost their professional status after suffering another relegation - to the V group. The team was relegated again in A Regional Group and again finished on the last place, but was administratively saved from relegate, even finishing on negative points. The next season was nevertheless better and the team finished was relegated to the
B RFG after a last-place finish, marking 4 relegations in a row and moving from the top football level to the lowest. They finished the 2018–19 season in the B Regional League in 7th place and on 5 July 2019 the team declared bankruptcy, which was followed by the team dissolving. ==Historical achievements==