At the end of July 2010 the investors of AS Săgeata Stejaru decided to leave Stejaru and founded a new club in Năvodari, named AFC Săgeata Năvodari. Thus continuing the football tradition in Năvodari after the dissolution of CS Năvodari, former Midia Năvodari.
Săgeata finished 2nd in the series the first half of the 2010–11 Liga II season, and was in the battle for the promotion with Ceahlăul Piatra Neamț and Concordia Chiajna. By the end of the season Săgeata targeted the first two places but failed to reach them and finished the championship 3rd. But all was not lost, because FRF decided that a play-off round will be played between Voința Sibiu and Săgeata Năvodari for the last vacant place in the 2011–12 Liga I.[1]
Săgeata lost the play-off round against Voința Sibiu with aggregate score of 0–2.
The team finally promoted to the Liga I in 2013, after it finished 2nd in the series, 7 points behind FC Botoșani.
The objective for the 2013–14 Liga I season was to avoid relegation, but the club failed to achieve it. It started in the season in the Liga II, but during the winter break, it went bankrupt and was dissolved.
In the Liga II Săgeata played its home matches on the Petromidia Stadium, but after the promotion to the Liga I it had to move to nearby Farul Stadium, because its own stadium did not met the Liga I requirements.