Farum's 2002–03 appearance in the top flight of Danish football would be its first and last under the Farum BK name. it ended the season in third place, thus qualifying for the UEFA Cup for the first time in its history.[1] The club's achievement, however, was overshadowed by the controversy involving Peter Brixtofte, who had helped form and fund the club, with deals involving his municipality deliberately overpaying for welfare services bought from private companies who in return would sponsor the Farum football team.[6][2][13] Brixtofte was forced to step down as chairman and the club became close to bankruptcy.[4]