Italy - mired in debt and no buyer, Chievo Verona disappears

Verona loses one of her greatest loves. After declaring bankruptcy and administrative relegation to the fourth degree, Chievo will not even be able to start the new season and will definitely have to stop working. Sport Médiaset reports that the club had until noon on Saturday to find a buyer but no one made a serious request.

After playing in the Italian elite from 2001 to 2019, Chievo finished eighth in the last Serie B standings. He was also heavily indebted and failed to impress CONI, the DNCG transalpine, who decided to downgrade him to Serie B last month.

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Despite their efforts and use of remedies, the Gialloblu leaders were unable to prevent the move or even manage to find an investor who would be able to get the club’s finances back on track. Former symbolic player Sergio Pelissier tried to set up a recovery project but it was unsuccessful.

“Today, unfortunately, the history of this club that has given me so much is over, The scorer posted on the club’s history on his Instagram account. Today is one of the saddest days of my life. I tried with all my might and I really hope to start over with another team and complete this great story, and that would be great. Unfortunately, I couldn’t do that.” Words that sound like a warning to some of the big clubs who think they are safe.

Fabio Quagliarella and Sergio Pellicer

Credit: Getty Images

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