There is time until February 11 to try to relaunch the team, but there is a problem with debts
The court of Catania has published the tender for the bankruptcy auction for the sale of Calcio Catania. There is time until 12.00 on 11 February to submit bids, which must start from one starting price of one million euros, with a minimum raise of 50 thousand euros. The hearing that will verify the presence of bids and who will win the auction will be held on11 February at 4.00 pm.
In the notice of the court of Catania it was put up for sale the football company branch pertaining to the company ‘Calcio Catania spa’ which is composed of the players’ contracts, structure of the entire youth sector, tangible fixed assets, clothing, store goods, plates, cups and trophies and two registered trademarks. Whoever wins the auction will have to meet the club’s sporting debts for about three million euros, to bear the costs of managing the club for the current season and to give guarantees for the continuation of the Catania activity.
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