The official website for European football

Napoli wound up

Published: Tuesday 3 August 2004, 11.58CET
Two-time Italian champions and 1988/89 UEFA Cup winners SSC Napoli have been declared bankrupt.

UEFA.com features

Finals and winners - UEFA Direct 185 out now
  • Finals and winners - UEFA Direct 185 out now
  • 2019/20 UEFA club competitions revenue distribution system
  • KV Mechelen replaced in the 2019/20 UEFA Europa League
  • Olivia's call to action on women's football
  • Scotland duo Cuthbert and Love back WU19 EURO
  • U19 ambassador Mkhitaryan's Armenian pride
  • UEFA's commitment to developing women's football
  • Armenia looks to secure strong grassroots future with help from UEFA
  • UEFA launches free-to-air OTT digital platform
  • Switzerland mourns Florijana Ismaili
1 of 10
Published: Tuesday 3 August 2004, 11.58CET

Napoli wound up

Two-time Italian champions and 1988/89 UEFA Cup winners SSC Napoli have been declared bankrupt.

Two-time Italian champions and 1988/89 UEFA Cup winners SSC Napoli have been declared bankrupt, a week after being relegated from Serie B after failing to provide guarantees regarding their financial security.

Debts force closure
A Naples court made the order, saying that the club had debts of about €62m. Napoli could now request the implementation of a law known as 'Lodo Petrucci' which allows a bankrupt club to reform and start again at a lower level. It is still unclear if they will follow this route and begin the 2004/05 season in Serie C1.

Maradona-inspired heyday
Napoli's heyday came in the 1980s, when inspired by Diego Maradona they won the Scudetto in 1986/87 and 1989/90, as well as the UEFA Cup, beating VfB Stuttgart 5-4 on aggregate in the final. They last competed in Serie A in 2000/01, when they were relegated by a single point.

Last updated: 03/08/04 21.22CET

Related information

Team profiles

https://www.uefa.com/memberassociations/news/newsid=212041.html#napoli+wound