Malmö Fotbollförening, also known simply as Malmö FF, Malmö, or (especially locally) MFF, is a Swedish professional football club based in Malmö. The club is the most successful in Sweden in terms of trophies won, and the only Nordic club to have reached the European Cup final. Formed on 24 February 1910, Malmö FF is affiliated with Skånes Fotbollförbund and the team play their home games at the Swedbank Stadion. The club colours, reflected in their crest and kit, are sky blue and white. The club have won the most league titles of any Swedish club with twenty-one, a joint record eighteen Swedish championship titles and a record fourteen national cup titles. They were runners-up in the 1979 European Champions Cup final, which they lost 1–0 to English club Nottingham Forest. This made them the only Swedish football club, as of 2016, to have reached the final of the competition, for which the team were awarded the Svenska Dagbladet Gold Medal. In more recent history the team qualified for two consecutive group stages of the Champions League in 2014 and 2015. Malmö FF is an open member association and the annual general meeting is the highest policy-making body. The meeting approves the accounts and elects the chairman and board. Håkan Jeppsson is the current chairman, elected in 2010. Daily operations are run by a managing director who liaises with the chairman. With an equity of 450 million SEK (approximately €39.13 million) the club is the richest football club in Sweden as of 2016.