Rakovski managed to play three seasons in the second tier of Bulgarian football. In their first season in the second level, 2012–13, the team barely missed out on promotion to the A Group. However, in 2015, Rakovski was relegated.
History
FC Rakovski were founded in 2001. In 2012, Rakovski managed to promote to the B Group, the second tier of Bulgarian football, for the first time in club history. In the 2012–13 season, Rakovski finished in third place after some incredible results, placing three points behind second-placed Lyubimets, who qualified for the A Group. This third-place finish remains the club's highest ever placement in its history. Next season, 2013–14, Rakovski could not replicate the same success, and the team largely fought to avoid relegation, which was ultimately successful. Financial problems started in 2014, and Rakovski was forced to withdraw from the B Group after the winter break of the 2014–15 season. The team fell down to the amateur levels gradually, where it most recently played, the fourth tier.
In 2018 the team was refounded under the name Rakovski 2018
As of 11 January 2019[update]
Note: Flags indicate national team as defined under FIFA eligibility rules. Players may hold more than one non-FIFA nationality.