“We cannot announce the contents of the decision until the parties have been informed,” Naples bankruptcy court president Vito Frallicciardi told reporters.
But ANSA cited court sources saying they had ruled Napoli bankrupt and that officials had already been nominated to handle relations with creditors.
Napoli were Italian champions in 1987 and 1990 when they were inspired by Argentine Diego Maradona but they have struggled in recent seasons near the foot of Serie B.
Bankruptcy would not mean the end of professional football in Naples, however, as a new Italian soccer regulation allows a city whose team has collapsed to retain a ‘franchise’ under a new company.
Four companies have already been set up to compete for the franchise with the…
