Banker Sandor Csanyi was elected the new president of the Hungarian Football Federation on Tuesday.
Csanyi, chairman and CEO of OTP Bank Plc., Hungary's largest bank, received a vote of 82-0, with seven delegates not casting votes in the election.
The 57-year-old Csanyi said he considered his new post to be the ``most difficult task in his life'' and said ``only luck'' could improve the performance of Hungary's national and club teams in the near future.
``I am counting on everyone who would like to do something for Hungarian football,'' Csanyi said.
Hungary has failed to qualify for a major international tournament since the 1986 World Cup in Mexico, while Debrecen reached the group stage of the Champions League last season but failed to pick up any points.
Csanyi said he had been promised that a new stadium would be built in place of the aging Ferenc Puskas Stadion in Budapest, adding that a decision on national-team coach Erwin Koeman would be made at the federation's next meeting.
Koeman, in place since May 2008, was unable to lead Hungary to the 2010 World Cup. The team will in September begin qualification for the 2012 European Championships.
Csanyi's predecessor, Istvan Kisteleki, resigned in February after fours years in office.
Chosen for a five-year term, Csanyi is said to be close to Prime Minister Viktor Orban, whose center-right Fidesz party won a landslide vote in April.
Orban, a former part-time football player and founder of the Ferenc Puskas Football Academy, has vowed to undertake special efforts to restore Hungarian football to its former glories.
In the 1950s, Hungary's famed ``Golden Team'' led by Puskas beat England 6-3 at Wembley, the host's first home loss against a non-British opponent. Hungary also won gold at the 1952 Olympic Games in Helsinki and was runner-up at the 1954 World Cup in Switzerland.
Hopes of a resurgence in Hungarian football were revived last year when the country's youth team finished third at the Under-20 World Cup in Egypt.
Besides his banking endeavors, Csanyi is also involved in numerous businesses, including real estate, wineries and food companies.
He was recently listed as Hungary's second-richest man, with a fortune estimated at more than $500 million.
