Former football boss sentenced to 10 years in jail for fraud
A Prague court has sentenced the former president of the Czech Football Association František Chvalovský to 10 years in jail for extensive fraud that allegedly stripped Komerční banka of 1.5 billion crowns. Chvalovský, who was also a functionary and sponsor of the Chmel Blšany team, and four managers of the Satrapa and Českomoravská agrarni spolecnost companies are suspected of having used the money Komerčni banka lent them for the repayment of previous debts, not for the purchase of farm produce as agreed on with the bank. The four accomplices also received unconditional sentences. Chvalovský can appeal the verdict.