Futbola Klubs Daugava Rīga was originally founded in 2003, under the name FK Jūrmala. Initially based in Jūrmala, the team relocated to Riga in 2012, after suffering financial difficulties, and adopted the FK Daugava Rīga name. They are currently one of two teams in the Virsliga, along with FK Daugava Daugavpils, who claim some form of association with the former Soviet club, FK Daugava Riga, who were established back in 1944.
In their first season, FK Jūrmala were placed into the Latvian First League, the country's second tier, and emerged as league champions. As a result, they gained promotion up to the Virsliga at the first attempt. The team's first top flight season resulted in a 5th place finish.
However, in the years that followed, the club struggled to push on and experienced a financial crisis in 2007. Although temporarily saved by a sponsorship deal in 2008, which saw the club's name change to FK Jūrmala-VV, the problems continued. Finally, in 2012, after FK Spartaks Jūrmala were promoted to the top flight, it was decided that the city could not sustain three Virsliga clubs and FK Jūrmala-VV decided to relocate to Riga. To date, the club have been unable to win any major honours, but came close in 2010, as they finished as runners up for the Latvian Football Cup, losing the final to FK Jelgava via a penalty shootout
Some of the most notable players to have played for Daugava Rīga have included Igors Stepanovs, Cristián Torres, Vladimirs Babičevs and Igors Korabļovs.
Daugava Rīga play their home matches at Daugava Stadium in Riga, which is not to be confused with the Daugava Stadium in Daugavpils. The venue opened in 1958 and previously hosted the matches of the Latvia national football team, before Skonto Stadium opened in 2000. Daugava Stadium is currently able to hold a capacity crowd of 5,000 supporters.