
AI-generated summary
The Federation was left without funding at the beginning of 2026 due to the lack of a financial report for 2025. The election of a new president, Asen Zletev, in December 2025 was challenged in court.
The President of the Bulgarian Weightlifting Federation (BFTA), Stefan Botev, filed a bankruptcy claim with the Sofia City Court. This was reported by Sport Express with reference to the Bulgarian Telegraph Agency.
The Federation cannot pay tax arrears of more than 95 thousand euros and other debts. The organization was left without funding at the beginning of 2026 after Botev failed to submit a financial report for 2025.
If the bankruptcy case is upheld by the court, the federation will lose its license and government funding for a year. The country's leading athletes will have the right to change their sports citizenship.
Earlier in December 2025, the general meeting of the BFTA decided to elect Asen Zletev as the new president, but the elections were challenged in court.
AI outlook — possibilities, not facts
A bankruptcy court order will result in the revocation of the federation's license.
Possible · Within months

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