From football Italia web-site not
good.........................................FORZA NAPOLI X

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| What next for Napoli? |
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| Tuesday 3 August, 2004 | | [X]
Season 03/04 ||
| | | [ ] A
table ||
| | | [ ] A
scorers ||
| The future of Napoli will be decided over the next couple of | | [ ] A
fixtures ||
| days, but Luciano Gaucci insists he won’t give up his fight | | [ ] B
table ||
| to keep them in Serie B. | | [ ] B
scorers ||
| | | [ ] B
fixtures ||
| | | [ ]
>Club info ||
| SSC Napoli is no more after the bankruptcy tribunal rejected | | [ ]
Ancona ||
| Gaucci’s latest attempts to ‘rent’ the club from former | | [
] Bologna ||
| President Salvatore Naldi. The report also suggests that | | [ ]
Brescia ||
| Perugia patron Gaucci will be unable to rescue the situation | | [ ]
Chievo ||
| in the appeal courts. | | [ ]
Empoli ||
| | | [ ]
Inter ||
| | | [ ]
Juventus ||
| “The demise of this club has been all too predictable over | | [ ]
Lazio ||
| the last five years,” read the official tribunal statement. | | [ ]
Lecce ||
| “It has been caused by the unclear status of the ownership, | | [ ]
Milan ||
| the legal wrangling between Naldi, Giorgio Corbelli and | | [ ]
Modena ||
| Corrado Ferlaino, the chaotic business transactions and the | | [ ]
Parma ||
| far too late attempts to save Napoli.” | | [ ]
Perugia ||
| | | [ ]
Reggina ||
| | | [ ]
Roma ||
| Above all, the statement puts a spanner in the works for | | [ ]
Sampdoria ||
| Gaucci’s appeals by noting his plan was “too late and with | | [ ]
Siena ||
| little regard for the rules of business or sport.” | | [ ]
Udinese ||
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| The figures are also desperately disappointing, with debts of|
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| over £20m and “only enough revenue to pay the phone and |
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| energy bills.” Gaucci’s proposal of bringing in £3m a season |
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| over five years was also dubbed “entirely insufficient |
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| considering the size of the debt.” |
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| At this point it seems the only option for Napoli’s fans is |
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| to start a new club in Serie C1, where four businesses are |
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| already prepared to take up the mantle of the Lodo Petrucci |
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| rule. |
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| However, Gaucci has not yet given up the ghost and insists he|
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| will not enter the race to set up a new side in a lower |
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| division. |
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| “The Lodo Petrucci would be an illegal move,” claimed the |
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| volcanic Perugia patron, “and by declaring SSC Napoli |
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| bankrupt we would effectively leave the creditors without |
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| anything. In fact, we are getting the squad together for |
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| pre-season training and trying to sign some foreign players |
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| with EC passports.” |
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| According to the new rules, Gaucci’s version of Napoli would |
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| be forced to start again in the amateur League and all its |
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| players released from their contracts. |
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| The businessman could yet enter the race to start again in |
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| Serie C1, but all paperwork must be handed in by this evening|
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| along with £5m as a deposit. |
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| On Wednesday there will be another important development, as |
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| CONI’s arbitration committee will give its verdict on |
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| Gaucci’s appeal. It is unlikely this will go in his favour, |
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| as the club he wished to ‘rent’ has been declared bankrupt |
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| anyway. |
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| Napoli declared bankrupt |
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| SS Napoli have been declared bankrupt, so now four different |
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| companies are vying to start again with a new club and title |
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| in Serie C1. More |
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Contact us:|
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|fieditorial@...|
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Pictures: Richiardi|
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(Milan)|
| | & Getty
Images (UK)|
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steen030872@mail.
tele.dk
To
03/08/2004 18:48 cni-english@yahoogroups.com
cc

Please respond to Subject
cni-english@yahoo [cni-english] Napoli declared
groups.com bankrupt.










The former Italian champions from Napoli has been declared
bankrupt today.

The Ansa newsbureau rapports on monday afternoon that in-debt
Napoli has been declared banktrupt. But the details of the bankruptsy will
not be revealed until the board of directors in the club has been notified
via the official channels.

In-dept Napoli was last week relegated into Serie C due to
financial problems concerning a 65 million EURO debt to various companies
and playersalaries dating back to january 2004.



Steen Nielsen







[Non-text portions of this message have been removed]



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