ðə klˈʌb wʌz stɹˈɔŋli faɪnˈænʃəli səpˈoːɹɾᵻd baɪ lˈoʊkəl ˈaɪɚn ænd stˈiːl wˈɜːks wˌɪtʃ ʌnfˈɔːɹtʃənətli fˈɛl ˌɪntʊ ɐ faɪnˈænʃəl kɹˈaɪsɪs ˈæftɚ ðə vˈɛlvɪt ɹˌɛvəlˈuːʃən ʌv nˈaɪntiːnhˈʌndɹɪd ˈeɪɾi nˈaɪn.
The club was strongly financially supported by local iron and steel works which unfortunately fell into a financial crisis after the Velvet Revolution of 1989.