AN ITALIAN club over 100 YEARS OLD is set to go extinct after being declared bankrupt.
Brescia – in the second-division Serie B – was left in debts over £2.5million and have been unable to pay them.
Roberto Baggio and Andrea Pirlo during theit time with Brescia[/caption]
Pep Guardiola, pictured here in 2001, also played for Brescia[/caption]
As a result, they have been gone bankrupt and look set to go extinct after 114 years of history.
Recognisable names such as Roberto Baggio, Pep Guardiola, Andrea Pirlo, Luca Toni Marek Hamsík, Mario Balotelli and Roberto De Zerbi all played for the club.
Balotelli spent a year with Brescia after signing in 2019 – scoring five in 19 games but he left after the club’s relegation.
Brescia is owned by Massimo Cellino – who was in chagrge of Leeds between 2014 and 2017 – before buying the Italian side.
But he had a troubled tenure in Yorkshire and left amid fan protests and much discontent.
Brescia were promoted to Serie A in 2019 but were relegated in the very next season.
Things went from bad to worse this campaign after they were deducted four points amid their financial woes.
It saw them relegated to Serie C – but owner Cellino has not registered them in the wake of failing to pay off his debts.
Brescia are now the only Italian side facing bankruptcy and expulsion from the league.
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Spal, once of the Serie A, said in a statement: “With great regret, the owners of Spal announce that the club will not participate in the 2025-26 Serie C campaign.
“It is a painful epilogue that arrived after numerous attempts to find concrete solutions that could guarantee the continuation of the project.
“Unfortunately, the current conditions do not make that possible.
“In the last four years, the owners made significant financial efforts, investing €50m in liquidity, with €12m alone in the last season, in an attempt to relaunch Spal and give the city of Ferrara a team suited to its history and passion.
“However, the results were not satisfactory, nor proportional to the level of investment.”
