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Former Barcelona soccer player Hristo Stoichkov is presented as new Litex Lovech coach during a press conference in Lovech, Bulgaria, 05 January 2012. Photo by BGNES
After months of contradicting rumors, the stint of Bulgaria's biggest football star and former Barcelona striker Hristo Stoichkov as coach of former champions Litex Lovech may prove short-lived after all.
Stoichkov is expected to leave his coaching post at Litex Lovech and become CSKA Sofia's president, according to local media reports.
The legendary Barcelona striker has been at the helm of last year's Bulgarian champions Litex Lovech over the past seven months. However, Litex recently lost its sponsorship and the club is expected to sink into oblivion next season.
Hristo Stoichkov, one of the legendary Barcelona players in the 90's, has had a rather disappointing career as a coach, his last club being South African Mamelody Sundowns.
This is the first time that he is coaching a club in his native country, but he is having a hard time now that sponsor and owner Grisha Ganchev ran into troubles with the tax authorities and his business empire was rattled.
Besides coaching Litex Lovech, Stoichkov has also engaged in promoting the products of Chinese car company Great Wall Motor Co, whose Bulgarian partner Grisha Ganchev is.
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