Italy: Ascoli (Lega Pro Prima Divisione) declared bankrupt after 115 years of existence

The Court of Justice of Ascoli (Marches, ITA) has declared Ascoli Calcio 1898 (Prima Divisione Lega Pro, the Italian third division) bankrupt, on the 17/12/2013.

"Ascoli's bankruptcy was inevitable," judge Raffaele Agostini told Italian media inside the courtroom. "I am a judge but also a great fan of Ascoli but unfortunately, we have to respect...