The parable of Brescia Calcio, from Roby Baggio to bankruptcy

The Court of Brescia declared the judicial liquidation of the Brescia Football which was founded in 1911 and in which champions such as Roberto Baggio, Andrea Pirlo e Pep Guardiola.

Brescia Calcio’s debts amount to 20 million euros

The club’s debts amounted to approx twenty million euros. “Failure was a inevitable transition and granted, it’s history now – the lawyer tells AGI Massimo Bonavitacola -. I haven’t yet heard from the president Massimo Cellino, we will need to talk about a possible appeal but I don’t think the sentence will be appealed.”

The request rejected by the judges

The company had tried to avoid the worst of the epilogues at the last minute by asking for a blank agreement, instance but rejected dai judges. However, the city remains represented at football level byUnion Bresciafounded on 17 July 2025 by a group of entrepreneurs and which plays in the Serie C championship.

The parable of Brescia Calcio

With the sentence issued by Court of Brescia it closes, perhaps, definitively parabola of the company led in recent years by Massimo Cellinoprobably putting an end to one of the most painful pages in Brescia’s sporting history. The collapse was the culmination of an economic and management crisis that began in 2025.

The economic collapse

Failure to cover federal and tax deadlines first led to theexclusion dal professional football and then when the procedure opens judicial liquidationculminating in today’s bankruptcy filing. The management of the facilities has also caused discussion in recent years economic resources.

The sale of Sandro Tonali to Milan

In particular, the millions collected from the sale of Sandro Tonali to Milan and subsequently the bonuses accrued with the midfielder’s transfer to Newcastle, around 6 million, were not enough to guarantee the financial stability of the club. A situation that has fueled questions and controversies among fans and professionals.

Massimo Cellino’s desperate attempt

In the past few weeks Cellino had made a last desperate attempt, expressing the intention of enrolling at least one youth team in the federal championships to keep the sports freshman alive. A project which, however, did not find the necessary conditions to materialize.

With the Court’s ruling the curtain seems to fall 114 years of history of Brescia Football. But with Massimo Cellino nothing is concluded: “I hope this decision is still reversible because there is a big error of interpretation and damage that must be avoided in the interest of the creditors”, Cellino’s declarations. It will do appeal? “I think own Yes because there is a big miscommunication in practice, as we were unable to clarify well. So there’s a big possibility.”