Italy: Bari football club (Serie B) officially declared bankrupt
AS Bari (Serie B, the Italian second division) was officially declared bankrupt by the Court of Bari on 10/03/2014. The Matarrese family, which has owned it since 1977, can no longer assume the debts of the club, estimated to be about €30m.
The AS Bari licence is set to be auctioned in April or early May by the two directors appointed by the...
