FK Liepāja/Mogo was founded in March 2014 as a
phoenix club and an indirect legatee of
FK Liepājas Metalurgs, which was dissolved following the
2013 Latvian Higher League season due to the bankruptcy of its owner company and the sole sponsor metallurgical plant A/S Liepājas Metalurgs. FK Liepāja incorporated all the players, including youth teams, as well as the participation place in the
2014 Latvian Higher League, which had been at the disposal of Liepājas Metalurgs prior to its bankruptcy.[1] The club is mainly sponsored by the Liepāja City Council and led by the former Latvian international footballer
Māris Verpakovskis. The first manager of the team was
Viktors Dobrecovs.
In its debut season FK Liepāja finished the championship in the top four.[2]Jānis Ikaunieks, FK Liepāja midfielder, was voted as the best player of the 2014 season.[3]
On 15 November 2016,
Tamaz Pertia was appointed as the new manager of FK Liepāja.[4]
On 14 September 2018, Gordon Young was appointed as the new manager of FK Liepāja.[5]