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UPS AND DOWNS OF ITALIAN FOOTBALL: 5 LANDMARK BANKRUPTCY CASES

... owns the Parmalat concern) was unable to develop the sports business. As a result, in June 2015, the club declared insolvency. ‘Napoli’ Football club The famous Napoli also went bankrupt in 2004. The legendary team, which twice became the champion of Italy and won the UEFA Cup, collapsed due to debts in the amount of € 70 million. The Neapolitans might have started sprinkling ashes on their heads if it hadn't been for the support of Aurelio di Laurentis. The famous producer was able to return the ...

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