Yangon Utd

On 18 July 2007, the chairman of Htoo Group of Companies took over a first division club, Viva Football Club and changed the name to Air Bagan Football Club. Air Bagan became champion in their debut year. They then competed in the 2008 Myanmar Premier League season and finished in the top half of the table.

After the league was transformed to the nation's first professional football league, Air Bagan was renamed to Yangon United in 2009 and represented the seven million population in Yangon. Yangon United also formed an alliance with Thailand club BEC Tero Sasana.

On 16 May 2009, Yangon United defeated Zeya Shwe Myay 4–0 to open the MNL Cup 2009. The club finished in second place with 16 points. Yangon United lost to Yadanarbon in the final on penalty shootout after a 2–2 draw. During the 2010 season, Yangon United built an artificial turf football pitch and gymnasium.

In 2011, Yangon United won their first ever Myanmar National League title and also became the champion of the 2011 General Aung San Shield. This was the first time in Myanmar football history that a club has won both the league title and the cup. The following year, Yangon United appointed Bulgarian Ivan Kolev for the new season, in which the club to won their second consecutive Myanmar National League title and qualified for the 2013 AFC Cup.^[]

In 2013, Yangon United signed with Grand Sport as their main kit supplier. Yangon United made their debut in the 2013 AFC Cup being placed in group F with Maldives league champions New Radiant SC, Hong Kong club Sunray Cave JC Sun Hei and Indonesian cup winners Persibo Bojonegoro. The Lions put up a fiery display in the tournament, winning five games and only losing once, thus finishing the group stage as runners-up, through to the Round of 16 for the first time in the club history. Yangon United than travelled to India to face East Bengal on 15 May 2013 at their home ground, Salt Lake Stadium, which saw the club losing 5–1, and thus exiting the tournament. However Ivan Kolev guided the club to retain their league title, third consecutive Myanmar National League title.

Yangon United again qualified for the 2014 AFC Cup where they faced Vietnamese cup winners, Vissai Ninh Bình, Hong Kong league champions South China and Malaysian club Kelantan. The club finished as group runners-up, winning 3 times and losing 3 games, in which the club qualified for the Round of 16 tie against Indonesian club Persipura Jayapura. They suffered their heaviest defeat in their history, losing 9–2 at the Mandala Stadium.

The 2014 season saw the club finishing 2nd in the league. However, the club managed to get hold of the league title in the 2015 season, winning their fourth league title, and qualified to the 2016 AFC Champions League qualifying play-off. They faced Thailand club Chonburi, losing 3–2.

In 2018, Yangon United won their fifth league title with 1 point ahead of league rivals Shan United. The club qualified for the 2019 AFC Champions League qualifying play-offs, facing Philippines club Ceres–Negros. The Lions won the match 2–1, progressing on to the next stage to face Thailand's Chiangrai United. Losing 3–1 in the process, they were dropped to the 2019 AFC Cup.

Yangon United would go on and dominate until 2019, when they gave up the trophy to Shan United. Yangon United ended up with an unconvincing 2020 Myanmar National League finish at 4th place. They also participated in the 2020 AFC Cup, getting a 2–2 draw against Vietnamese side Hồ Chí Minh City. In the next match against Laotian side Lao Toyota, Yangon United went on to collect their first three points in a 3–2 win. In their third fixture against Singaporean side Hougang United, Than Paing broke the deadlock, scoring the only goal in the match. However, the AFC Cup got cancelled throughout the season due to the COVID-19 pandemic.

In the 2022 Myanmar National League season they finished second, behind Shan United. Their top scorer was Valci Júnior with 8 goals.