Emergence Sheikh Russel Krira Chakra was established in 1995 and named after
Sheikh Russel, son of former President of Bangladesh
Sheikh Mujibur Rahman. The founder was Shahjahan Kabir, and striker Shofiqur Rahman Titu was appointed as the team's first ever captain in 1996. The club started its journey in 1996 with the
Pioneer Football League. Then in 1998 the team became runners-up in the
Dhaka Third Division and were promoted to the
Dhaka Second Division, under the coaching of Wazed Gazi. In 2002, Sheikh Russel KC became runners-up in the
Dhaka First Division (second Tier). In their first appearance in top-flight football in 2003–04 season, Sheikh Russel stunned traditional powerhouses like Abahani, Mohammedan and Muktijoddha Sangsad to finish second in the top-tier at the time, the
Premier Division Football League. Since then, despite playing in the country's first professional top-tier league, the
Bangladesh Premier League regularly, Sheikh Russel did not get the expected success until the start of the next decade.
Treble win and drought In the 2012–13 season, Sheikh Russel KC got its highest success by winning the domestic treble, under the guidance of local coach
Maruful Haque. Sheikh Russel defeated
Sheikh Jamal DC 2–1 in extra time of the
Federation Cup final to win a title for the first time its history. They then went on to win the 2013
Independence Cup final, 3–2 against Sheikh Jamal. They completed the treble by again edging Sheikh Jamal DC, this time to the
2012–13 Bangladesh Premier League. The team captained by goalkeeper
Biplob Bhattacharjee, only conceded 14 goals in league, while Haitian playmaker
Sony Norde, was the lethal, scoring 16 league goals. Since their treble winning season, the club has failed to win another trophy finishing runners-up in multiple tournaments and were also knocked out of the
AFC Cup qualifiers twice. They were also defeated by
Mohammedan SC in the
2013 Super Cup final. However, the team did manage to reach the semi-finals of the
2014 AFC President's Cup. On 9 January 2015, the managing director of
Bashundhara Group, Sayem Sobhan Anvir was appointed as the club's new chairman. He assured that the club would be back challenging for titles once more. However, the club's further investment all went in vain as they failed to produce results on the pitch the following seasons. On 20 April 2017, Sheikh Russel KC were fined 2000 Swiss Francs by FIFA over contract disputes with a player and a coach.
Attempt to rebuild In October 2018, veteran coach
Saiful Bari Titu was appointed as the club's head coach. In 2020, Sheikh Russel were one of the four clubs from Bangladesh to attain AFC Cup licensing. Russel spent heavily the next three years signing several national team players alongside expensive foreign recruits, however, the club found themselves fighting for relegation, leading to Titu's dismissal after three and a half years of service to the club, in March 2022. On 22 August 2024, Sheikh Jamal and Sheikh Russel withdrew from the BPL due to the withdrawal of their sponsor Bashundhara Group. ==Current squad==