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SportsItalian traditional club Brescia Calcio, founded in 1911 and once home to stars like Roberto Baggio, Andrea Pirlo, and Pep Guardiola, has been declared insolvent by a court. The club had debts of around 20 million euros, triggered by outstanding salary and social security payments. After a four-point deduction in May 2025 led to relegation from Serie B to Serie C, club boss Massimo Cellino waived registration for the third division. The Italian Football Federation revoked the club's professional license on July 3, 2025. The public prosecutor's office filed for insolvency, and an administrator will handle liquidation. The club was dissolved in summer 2025, and a new club, Union Brescia, has been founded in the city, aiming for promotion to Serie B.
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Historic Italian Football Club Brescia Calcio Declared Insolvent and Liquidated