SPAL have been officially declared bankrupt today as the club disappears from Italian football.
After victory a few months ago in a Serie C relegation playoff, the former Serie A side failed to register for the new season back in June and now, after a judicial hearing, the club have been declared bankrupt.
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Gazzetta are reporting that despite ‘numerous attempts to find concrete solutions that could ensure the continuity of the sporting and corporate project’, no solution was found and now the club ceases to exist.
FERRARA, ITALY – JULY 26: General view of the stadium prior the Serie A match between SPAL and Torino FC at Stadio Paolo Mazza on July 26, 2020 in Ferrara, Italy. (Photo by Gabriele Maltinti/Getty Images)