Livorno is officially declared bankrupt, and liquidation has already begun, Football Italia reports..

According to the administrator Pier-Paolo Gerlone, the club has until July 19 to find a new owner, otherwise it will cease to exist..

Livorno was a regular in Serie A in the mid-2000s, and in 2007 even reached the 1/16 final of the UEFA Cup.

The last season in Serie A for Livorno was the 2013/14 season. In 2000, the club was relegated to Serie C, and a year later transferred to Serie D due to financial problems..

In 2000, the owner of Livorno became a company from the Netherlands, which assembles electric cars..