CSKA Sofia, which was struggling financially with unpaid debts during the time. As a result, his son Danail took over at Litex, with previous shareholder, Bulgarian joint stock company Sport 96, remaining as a subsidiary of Litex Commerce JSC. On 16 December 2015, the Bulgarian Football Union expelled Litex Lovech from the A Group. The decision was taken in response to an incident that occurred during Litex Lovech's 12 December tie with Levski Sofia, when chairman Stoycho Stoilov controversially pulled the squad off the field in protest after two players were sent off with Lovech leading 1–0. On 20 January 2016 the team was administratively relegated to the B Group for the following 2016–17 season. Litex's players however were allowed to complete their participation in the Bulgarian Cup and finish the 2015–16 season with the club's reserve squad, Litex Lovech II, playing in the B Group. On 27 May 2016, the company that represented PFC Chavdar Etropole, PFC Chavdar EAD, was renamed PFC CSKA-1948 AD. On 6 June 2016, the representative of PFC Litex Lovech, PFC Litex-Lovech AD, was renamed PFC CSKA-Sofia EAD, with PFC CSKA-1948 AD being written in as its owner. That company later successfully applied to take part in the reformed First League, as PFC CSKA Sofia. The shift was made because the former company that represented PFC CSKA Sofia, PFC CSKA AD, did not gain a professional license, and later went bankrupt, ceasing operations as of 9 September 2016. PFC Litex Lovech was demoted to the Third League, taking the place of FC Botev Lukovit. On 4 July 2016, former Litex player Zhivko Zhelev was appointed as a manager of a team that consisted mainly of academy players. Litex managed to win its first match of the new season. The squad also played in the 2016–17 Bulgarian Cup, eliminating First League outfits Slavia Sofia and Cherno More on their way to the semifinals, where Litex lost to reigning five-time champions Ludogorets Razgrad on an aggregate score of 0–11. Litex also was promoted to the Second League, after winning the North-West Group of the Third League. League positions Recent league statistics Stadium Litex Lovech's home ground is the Lovech Stadium, a football stadium in Lovech. Built in 1962, the ground underwent a total reconstruction in 1999 and was brought to a suitable standard to host international matches later that year. The stadium has a capacity of 8,000