text: In June 2013, former FIFA Ballon d'Or winner Hristo Stoichkov was released from Litex Lovech to replace Radukanov on the bench, but the poor financial condition of the club forced him to leave shortly after his arrival without even having signed a contract. Most of the key players left CSKA while speculations about the club's bankruptcy circled in the media. After the serious financial problems led to CSKA's withdrawal from the 2013–14 UEFA Europa League, igniting multiple fan protests, the club was ultimately declared for sale. On 10 July 2013, it was officially purchased by the Red Champions Group, a union of businessmen and club legends. The leader of the group was Aleksandar Tomov, former club president widely blamed for CSKA's financial crisis in 2008. Stoycho Mladenov was hired back as manager by the new owners.
  The club made several major signings for the new season, bringing in former team captains Valentin Iliev, Emil Gargorov and Todor Yanchev. Algeria's national goalkeeper Rais M'Bolhi and ex-Premier League stars Mamady Sidibé and Martin Petrov were also brought on board. On 19 October 2013, the reborn CSKA crushed city rivals Levski 3–0 and were given the nickname The Phoenixes. By the end of the season, CSKA smashed Levski three more times and finished in second place, behind Ludogorets Razgrad.
  On 21 March 2014, as part of the plan to reduce debt and make the club's finances more transparent, CSKA became the first club from Eastern Europe to be publicly traded by listing itself on the Bulgarian Stock Exchange.