Bohemians celebrate as they are saved from bankruptcy
The Czech football club Bohemians Prague have been saved from bankruptcy, team representatives announced on Monday. The club was stripped of its professional licence and knocked out of the second football league several weeks ago because of crippling debts. At a news conference on Monday representatives of the recently-formed AFK Vrsovice company said they had taken over the club. According to the club's website, British company New Europe Entrepreneurs Counsellors is the full owner of AFK. Bohemians, who were founded in 1905, won the Czech title in 1983 and in the same year reached the semi-finals of the UEFA Cup.