Hristo Stoichkov resigns as CSKA Sofia coach

Posted on by SoccerPunter

Bulgaria‘s football legend Hristo Stoichkov has resigned as CSKA Sofia coach on Monday after its owners failed to rescue the heavily indebted club from the brink of insolvency by finding a new owner.

“I am fed up, I am leaving,” the 47-year-old former Bulgaria and Barcelona star striker said in an emotional letter to the media just over a month after taking over at CSKA Sofia‘s helm.

“I staked my name for a better future of CSKA Sofia. That is why I agreed to start as coach without a contract and without payment. I had a huge desire to help,” he added.

One of Bulgaria’s most popular clubs and 31-time Bulgarian A PFG champions CSKA Sofia were hit by severe financial difficulties and frequent coach changes over recent years and fans saw Hristo Stoichkov as a possible white knight to save the club.

CSKA Sofia owners Dimitar Borisov and Ivo Ivanov however failed in several attempts at finding a new owner for the team in recent weeks, even after offering its shares for free to anyone who was ready to support it.

“I had the trust of players and my staff that we will be together and we will endure… But it became clear that there is no chance for the promises to be fulfilled,” Stoichkov said on Monday.

One of his main conditions for taking over as coach had been for CSKA’s players to receive their salaries regularly but he said this did not happen.

“Lies cannot be endless and there is no way to move forward like that. Or at least I cannot do so,” Stoichkov fumed.

Uncertainty over their club’s fate less than two weeks ahead of the start of the new season prompted an angry rally by some 1,000 CSKA fans in Sofia on Sunday.

A similar demonstration last Saturday ended up in an outrage against the headquarters of the Bulgarian Football Union as protesters threw stones at the building, breaking windows and destroying its neon sign.

Be the first to comment:

Write a detailed comment of at least 350 characters to earn a reward point.
Results and Fixtures

Top Soccer Tipsters
Today Predictions in Tipsters Competition
Unknown arp posts a Double Chance tip on Klubi-04 vs Gnistan
just now
Unknown arp posts a Over / Under tip on HJK vs KTP
1 minute ago
Unknown arp posts a Draw No Bet tip on Kasımpaşa vs Trabzonspor
8 minutes ago
Unknown arp posts a Draw No Bet tip on Hapoel Haifa vs Maccabi Tel Aviv
9 minutes ago
Unknown Thanuz posts a 1X2 tip on Fenerbahçe vs Antalyaspor
11 minutes ago
Unknown Thanuz posts a 1X2 tip on Aris vs Olympiakos Piraeus
11 minutes ago
Unknown Thanuz posts a 1X2 tip on Fulham vs Tottenham Hotspur
11 minutes ago
Unknown Thanuz posts a 1X2 tip on Parma vs Inter
11 minutes ago
Unknown mikechioda27 posts a Asian Handicap tip on Liverpool vs Chelsea
11 minutes ago
Unknown mikechioda27 posts a Asian Handicap tip on Parma vs Inter
12 minutes ago
Superior H2H Statistics
H2H Home Team Advantage
H2H Away Team Advantage
Top Football Clubs
Worst Football Clubs
Top Draw Teams
Good Home Teams
Poor Away Teams
Platinum Membership Testimonial

Top Singles Tipsters
In-Form Tipsters
Out of Form Tipsters
Tipsters Competition
Tipsters Competition Review
Soccer Predictions
Soccer Tips

Be a fan of our Twitter and Facebook Page
Soccer Analysis

Arbitrage Picks

Arbitrage is an effective way to make guaranteed profits without losing your money.

Soccer Statistics H2H

Soccer Statistics

Analyze soccer matches, inclusive of past results, head to head stats, today match fixtures, live soccer odds, players and team form.



Check the latest and fastest live score results for all football matches. Know who are the goalscorers, yellow card and red card offenders.

Soccer Bet Help
Pick a Country or Region

Get the listings of soccer leagues and competitions for each region, including past seasons results and football statistics.

Match Preview and News

Copyright © 2002-2020 SoccerPunter Pte. Ltd. All rights reserved.