mid-table side in 2013 and 2014. Plauen, with a budget of €600,000 for the 2014–15 season, suffered from a debt of €1,000,000 and was unable to pay some of its players from September 2014 onwards. The club declared insolvency on 1 December 2014. Within the rules of the German Football Federation this meant automatic relegation from the Regionalliga but the club's administrator announced that he would challenge the ruling as it he considered it violating German insolvency law. The NOFV later announced that the club would play the remaining season games as friendlies. Since the 2015–16 season the club has played in the NOFV-Oberliga Süd (V). Among the club's recent achievements are Saxony Cup wins in 1999 and 2004, and another appearance in the final in 2006. Their cup victories led to participation in the German Cup: in 1999 they beat Alemannia Aachen 1–0 in the first round before being eliminated 2–1 by Stuttgarter Kickers, and in 2004 they lost 2–1 to Arminia Bielefeld. Stadium VFC Plauen plays its home matches in the Vogtlandstadion Plauen located at the north end of town adjacent to a forest. The original stadium area was prepared in 1934 and then enlarged in 1937 with a grandstand area having a capacity of 4,200 spectators. After the war facilities for athletics were added and the site modernized. Today the stadium will hold 12,000 (1,400 seats) and has floodlights and an electronic scoreboard. Honours The club's honours: Landesliga Sachsen (V) Champions: 1991, 1994 NOFV-Oberliga Süd (IV) Champions: 1996, 2004 Runners-up: 1995, 2002, 2005, 2006 Saxony Cup Winners: 1999, 2004 Notable coaches Frank Papritz (1993–1999) Hans-Ulrich Thomale (1999–2000) René Müller (2001–2003) Tino Vogel (2003–2006) Stefan Persigehl (2006–2007) Hermann Andreev (2007–2009) Jens Starke (2009) Ronald Färber (2009) References External links Official team site Fanpage Abseits Guide to German Soccer Das deutsche Fußball-Archiv historical German football league tables (in German) Association football clubs established in 1903 Football clubs in Germany Football clubs in East Germany Football clubs in Saxony 1903 establishments in Germany VFC Plauen Works association football clubs in Germany