In June, it was reported that the SPAL football club faced financial problems. This was reported by Euro-football.ru.
Now the situation has worsened. The club's management has officially announced bankruptcy.
The club's debts have exceeded 10 million euros, which is a significant amount for such a team. Now, external management will be implemented at the SPAL club.
In November, auditors dealing with the termination of the club and the repayment of debts will reassess the situation. Nevertheless, the club's fans should not lose hope.
In the last twenty years, SPAL has been re-established twice, and perhaps this time the club can continue its activities again. Currently, the new season of the Italian championship is scheduled to start next week.
No matter how complicated the situation around the club is, it is still too early to draw definite conclusions about its future. The future of the SPAL team will depend on the results of the assessment conducted in November.
