At this moment chairman of Sports Club “ Ticha” is the mayor of Varna, Gospodin Angelov, who is fan of basketball.

Some of the best players for this period are: Hristo Borisov, Plamen Ganchev, Totiu Vitchev, Rumen Spasov, Stefan Karalukanov, Veselin Todorov, Ivan Zetov, Vlado Evtimov, Stancho Kostov and many more.

This happens two more times – in 1998 we beat Slavia 3-1 in the final playoff (with decisive win in Sofia) and one year later, surely the happiest moment for the fans, was our last title in 1999.

Then we beat Levski 3-2 games, as the decisive match was in the fully crowded and ecstatic “Kongresna” hall in Varna.

„The Seamen” beat “Tuborg” – Izmir, ”Sporting” – Athens, ”Spartak” – Subotica, ”Banco di Roma”, ”Jeleznik”, ”Avtodor” – Saratov, ”Charleroi”, ”Honka”, etc.

In The Palace of Culture and Sports we host also “АЕК” – Athens (“Saporta cup” winners for 2000), ”Zadar” (semifinalists in the same tournament) and many other classy European teams.

At this period our team is full of stars like Hristo Borisov, Todor Stoykov, Spas Natov, Jurij Shishkov, Bojcho Branzov, Dimo Kostov, Denislav Kotzev, Ivan Borisov and Boris Borisov, Georgi Kovachev, Stoyan Monov, Aleksi Aleksiev, Mihail Manolov, Valentin Stoev, Margarit Kayriakov, Tsvetan Nedelchev, Boris Stoyanov, Ivan Drumev, Kalin Velchev, Emil Boyadjijski, Eduard Valchev, Leven Belberov.

During this period the team is led by the duo Simeon Varchev – Hristo Borisov, assisted by some of the best specialists in Bulgaria – Petko Delev, Darin Velikov, and many others.

Some of the best Cherno more players like Boris Stoyanov, Leven Belberov, Julian Radionov, Asen Velikov and of course Todor Stoykov were attracted by Lukoil, and helped them win almost every possible trophy.

The club continues creating great young basketball players, who are among the leaders in many competitions for the different age groups.