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Ostersunds FK: Swedish club in financial crisis just 20 months after beating Arsenal

It's February 2018 and Ostersunds FK have just won 2-1 at Arsenal in the Europa League.

The team - managed by Englishman Graham Potter - are out of the competition on aggregate, but victory at Emirates Stadium is a fitting end to a fairytale 14-game run to the last 16.

Their achievement is all the more remarkable when you consider it is only eight years since they were in the fourth division.

But now, 20 months on from that memorable night in London, the club is facing a fight for their future.

"For us football lovers there is no alternative," read a club statement posted on their website this week. "Ostersund without an elite football team is unthinkable."

The club's financial figures are stark.

They need to raise 15m Swedish krona (kr) - about £1.2m - by the end of the year to keep the club running, with 10m kr of that sum to be paid by the end of the month. So far 6m kr has been raised.

A 1.4m kr tax bill needs to be paid by 2 November.


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