FC Etar

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Football Club Etar (Bulgarian: Футболен клуб "Етър"), commonly referred to as Etar Veliko Tarnovo, was a Bulgarian professional association football club from Veliko Tarnovo. Founded on 24 April 1924, the club spent most of its history in the Bulgarian A PFG, the top tier of professional football in the country. Their most successful period came under the management of Georgi Vasilev, between 1987 and 1992. Etar won the championship in 1990–91, which qualified the team for the 1991–92 European Cup, the first and only time Etar has played in the premier European competition. Following the success in 1991, Etar began a gradual decline in terms of performance, culminating in relegation from the top flight, as well as increasing financial problems. In 2003, the club was formally dissolved, due to inability to cover financial costs needed for professional football. Around the same time, a successor club, named Etar 1924, was founded to replace the old Etar. This new club saw little success and only managed to play one season in the A Group, after which it also folded.