💨 Abstract

An Italian football club, Brescia, over 100 years old, is facing extinction after being declared bankrupt due to debts exceeding £2.5 million. Despite a rich history with notable players, the club's financial issues, including a four-point deduction, led to relegate to Serie C. Owner Massimo Cellino, former owner of Leeds United, failed to register the club for the next season. This makes Brescia the only Italian team facing bankruptcy and expulsion from the league.

Courtesy: www.thesun.co.uk