More Historic Italian Clubs Go Bust...While Juventus Sign Cristiano Ronaldo

 Cristiano Ronaldo is big news in Turin but too many fans across Italy have to read the financial pages. Photograph: Isabella Bonotto/AFP/Getty Images
Cristiano Ronaldo is big news in Turin but too many fans across Italy have to read the financial pages. Photograph: Isabella Bonotto/AFP/Getty Images
TT

More Historic Italian Clubs Go Bust...While Juventus Sign Cristiano Ronaldo

 Cristiano Ronaldo is big news in Turin but too many fans across Italy have to read the financial pages. Photograph: Isabella Bonotto/AFP/Getty Images
Cristiano Ronaldo is big news in Turin but too many fans across Italy have to read the financial pages. Photograph: Isabella Bonotto/AFP/Getty Images

While Juventus and Real Madrid finessed the details of Cristiano Ronaldo’s transfer, a distant funeral bell tolled for three historic Italian clubs – a scenario that accentuated the disparity between those at the top of Italian football and those a few rungs down the ladder. Ronaldo’s arrival has been hailed as a coup for the Italian game. Apparently he will raise the profile of Serie A to a level not seen since the 1990s and everyone will reap the benefits. But few fans outside Turin subscribe to this “trickle-down” theory.

The news that Bari and Cesena of Serie B, as well as AC Reggiana of Serie C, have all been denied licences for the upcoming season due to financial issues will hardly come as a surprise to anyone who follows Italian football. Since Fiorentina went bankrupt in 2002, 153 Italian clubs have refounded, merged with other clubs or disappeared altogether. Three clubs have dropped from Serie B to Serie D this summer due to financial problems even though none of them finished in the relegation zone.

One way or another, most of these clubs return. New legal entities are formed, new owners are found and the clubs begin again in the lower leagues. Some rise from the ashes and thrive. Napoli were refounded in 2004 and nearly won Serie A last season. Parma completed their comeback to the top flight in May, just three seasons after the third rebirth in their history. But the resurrection process can be long and painful for fans. This is a new experience for Bari, who were founded in 1908, and Cesena, who have been meandering through the professional leagues since 1940. That’s 188 years of football history signed away with a stroke of a pen.

How did it come to this for Bari, the club of Gordon Cowans and David Platt? In May 2014, after three decades in the hands of the Matarrese family, Bari found new owners, with former referee Gianluca Paparesta the public face of a group who paid €4.8m for the club in a bankruptcy auction. The Matarreses had effectively washed their hands of the club in 2011, leaving the club to stagnate for three years and amass debts of €30m.

Bari-born Paparesta looked to put the club on an even keel and in 2016 he appeared to have found a wealthy investor. Malaysian businessman Noordin Ahmad had a preliminary agreement to buy a 50% share of the club, while local tycoon Cosmo Giancaspro, who acquired a 5% share in December 2015, was announced as the new president. The whole setup appeared little more than a coup, with Giancaspro eventually securing Paparesta’s stake and Noordin disappearing into thin air.

From then on, the atmosphere around the club changed. Redevelopment plans for the San Nicola stadium were rejected, with Bari’s mayor Antonio Decaro refusing to commit any money from taxpayers. The club were offered a long-term lease and the freedom to develop the ground but, with no funds available, the plans were shelved and the San Nicola was left to quietly crumble, poignantly reflecting the situation behind the scenes.

By January 2018, rumours surfaced of wages not being paid, prompting fines from the tax office. In March, it was confirmed that the club was €16m in debt. With no assets to raise funds, promotion was their only hope. The players made it to the play-offs but a two-point penalty for financial irregularities gave them a tougher draw and they failed to reach Serie A.

The stadium’s water supply was cut last month due to an unpaid bill of €6,000. At the same time, the club were trying to raise €5m to pay outstanding wages, pension contributions and the registration fee required to compete in Serie B this season. Talks with Leeds United owner Andrea Radrizzani collapsed and Giancaspro, now under investigation for financial irregularities, walked away from the club.

Life outside the top flight has always been a strain for Bari. Their architecturally acclaimed stadium – known as the “Spaceship” – was originally built for Italia 90 and has long been a drain on resources, with neither the club nor the council able to find a sustainable solution. The playing squad always came second to the stadium and sustaining top-flight football proved an impossible task. It’s a similar tale across the peninsula as clubs struggle to maintain municipal stadiums. Even Juventus could not fill the Stadio delle Alpi, the ground thrust upon them in 1990, eventually replacing it with the smaller and more cost-effective Juventus Stadium.

The last few years have been exhausting for Bari fans. Issues around the stadium, the revolving door of coaches and players, and a hike in ticket prices during the Giancasparo era have all eroded enthusiasm. The club that attracted 50,000 to the Serie B play-off against Latina in 2014 could only sell 20,000 tickets for their play-off against Novara in 2016. When demotion finally came last week the city’s mayor, Antonio Decaro, declared it “a day of defeat, which burns 1,000 times more than any defeat on the pitch.”

Yet this will hopefully not be the end. Revival plans began on Friday as Decaro spoke in front of 4,000 fans at the club’s old ground, the Stadio della Vittoria, where they will likely return. The mayor wants the football authorities to give Bari a place in Serie C in light of their sporting heritage, but that idea is unlikely to fly. New investors have emerged, but details remain vague.

Jeremy Bowling, a season-ticket holder at the club since 2009, sums up the mood: “The city, the province and the Tifosi are devastated – us Brits too, who were taken in and welcomed. I am not sure how I am going to fill the void. A city that can send 50,000 to a play-off game deserved better stewardship than this.” Mark Neale, who has been following the club for 35 years, was also stunned: “As the deadline passed, everything was silent. Then fans on Facebook were doing live videos with tears in their eyes.”

“The cockerel has failed, 110 years of red and white history has failed, says lifelong Bari fan Alfred Ricci. “When you kill the rooster, when you cut off his head, he lives on for a while. Bari never dies. The people of Bari never die. The resurrection will start again from Serie D. We will be there with our scarves, singing, honouring today, yesterday and forever the white and red colours.”

Bari and Cesena will draw inspiration from clubs such as Napoli and Fiorentina who have risen again after suffering similar fates, while Reggiana will try to avoid the mistakes they made after they last refounded in 2005. There may be new names, new stadiums, new opponents and new owners, but the fans remain constant. No amount of accounting, investigating and legal reporting can take away the passion of those who will continue to give life to a club, even after the obituaries have been written.

The Guardian Sport



Verona Prepares its Ancient Arena for the Olympics Closing Ceremony on Sunday

A view of the Arena ahead of the closing ceremony at the 2026 Winter Olympics, in Verona, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Antonio Calanni)
A view of the Arena ahead of the closing ceremony at the 2026 Winter Olympics, in Verona, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Antonio Calanni)
TT

Verona Prepares its Ancient Arena for the Olympics Closing Ceremony on Sunday

A view of the Arena ahead of the closing ceremony at the 2026 Winter Olympics, in Verona, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Antonio Calanni)
A view of the Arena ahead of the closing ceremony at the 2026 Winter Olympics, in Verona, Italy, Tuesday, Feb. 17, 2026. (AP Photo/Antonio Calanni)

A city forever associated with Romeo and Juliet, Verona will host the final act of the Milan Cortina Winter Olympics on Sunday inside the ancient Roman Arena, where some 1,500 athletes will celebrate their feats against a backdrop of Italian music and dance.

Acclaimed ballet dancer Roberto Bolle has been rehearsing for the closing ceremony inside the Arena di Verona this week under a veil of secrecy, along with some 350 volunteers, for a spectacle titled “Beauty in Motion," which frames beauty as something inherently dynamic.

“Beauty cannot be fixed in time. This ancient monument is beautiful if it is alive, if it continues to change,” said the ceremony's producer, Alfredo Accatino. “This is what we want to narrate: An Italy that is changing, and also the beauty of movement, the beauty of sport and the beauty of nature."

Other headlining Italian artists include singer Achille Lauro and DJ Gabry Ponte, whose hits could be heard blasting from the Arena during rehearsals this week.

Inside a tent serving as a dressing room, seamstresses put the finishing touches on costumes inspired by the opera world as volunteers prepped for the stage, The Associated Press reported.

“It’s really special to be inside the Arena,” said Matilde Ricchiuto, a student from a local dance school. "Usually, I am there as a spectator and now I get to be a star, I would say. I feel super special.”

The Arena has been a venue for popular entertainment since it was first built in 1 A.D., predating the larger Roman Colosseum by decades. Accatino said the ancient monument will produce some surprises from within its vast tunnels.

“Under the Arena there is a mysterious world that hides everything that has happened. At a certain point, this world will come out," Accatino said, promising “something very beautiful."

The ceremony will open with athletes parading triumphantly through Piazza Bra into the Arena, which once served as a stage for gladiator fights and hunts for exotic beasts.

The closing ceremony stage was inspired by a drop of water, meant to symbolically unite the Olympic mountain venues with the Po River Valley, where Milan and Verona are located, while serving as a reminder that the Winter Games are being reshaped by climate change.

While the opening ceremony was held in Milan, the other host city, Cortina d’Ampezzo, nestled in the Dolomite mountains, was considered too small and remote to host the closing ceremony. Verona, in the same Veneto region as Cortina, was chosen for its unique venue and relatively central location, said Maria Laura Iascone, the local organizing committee's head of ceremonies.

“Only Italians can use such monuments to do special events, so this is very unique, very rare," Iascone said of the Arena.

She promised a more intimate evening than the opening ceremony in Milan's San Siro soccer stadium, with about 12,000 people attending the closing compared with more than 60,000 for the opening.

Iascone said about 1,500 of the nearly 3,000 athletes participating in the most spread-out Winter Games in Olympic history are expected to drive a little over an hour from Milan and between two and four hours from the six mountain venues.

The ceremony will close with the Olympic flame being extinguished. A light show will substitute fireworks, which are not allowed in Verona to protect animals from being disturbed.

The Verona Arena will also be the venue for the Paralympic opening ceremony on March 6. For the ceremonies, the ancient Arena has been retrofitted with new wheelchair ramps and accessible restrooms along with other safety upgrades. The six Paralympic events will be held in Milan and Cortina until March 15.


Arsenal Blows 2-goal Lead at Wolves to Boost Man City's Premier League Title Chances

Soccer Football - Premier League - Wolverhampton Wanderers v Arsenal - Molineux Stadium, Wolverhampton, Britain - February 18, 2026  Wolverhampton Wanderers' Tom Edozie celebrates scoring their second goal with teammates REUTERS/Chris Radburn
Soccer Football - Premier League - Wolverhampton Wanderers v Arsenal - Molineux Stadium, Wolverhampton, Britain - February 18, 2026 Wolverhampton Wanderers' Tom Edozie celebrates scoring their second goal with teammates REUTERS/Chris Radburn
TT

Arsenal Blows 2-goal Lead at Wolves to Boost Man City's Premier League Title Chances

Soccer Football - Premier League - Wolverhampton Wanderers v Arsenal - Molineux Stadium, Wolverhampton, Britain - February 18, 2026  Wolverhampton Wanderers' Tom Edozie celebrates scoring their second goal with teammates REUTERS/Chris Radburn
Soccer Football - Premier League - Wolverhampton Wanderers v Arsenal - Molineux Stadium, Wolverhampton, Britain - February 18, 2026 Wolverhampton Wanderers' Tom Edozie celebrates scoring their second goal with teammates REUTERS/Chris Radburn

Arsenal blew a two-goal lead at last-place Wolves on Wednesday to give a huge boost to Manchester City in the race for the Premier League title.

The league leader was held to a surprise 2-2 draw at Molineux, having led 2-0 in the second half.

Teenage debutant Tom Edozie scored in the fourth minute of added time to complete Wolves' comeback.

“There was a big difference in how we played in the first half and the second half. We dropped our standards and we got punished for it,” Arsenal forward Bukayo Saka told the BBC.

The draw means Arsenal has dropped points in back-to-back games and leaves it just five ahead of second-place City, having played a game more.

With the top two still to play each other at City's Etihad Stadium, the title race is too close to call.

“(It's) time to focus on ourselves, improve our standards and improve our performances and it is in our control,” Saka said.

Arsenal has led the way for the majority of the season and one bookmaker paid out on Mikel Arteta's team winning the title after it opened up a nine-point lead earlier this month.

But Wednesday's result was the latest sign that it is feeling the pressure, having finished runner-up in each of the last three seasons. It has won just two of its last seven league games.

Having blown a lead against Brentford last week, it was even worse at a Wolves team that has won just one game all season.

Victory looked all but secured after Saka gave Arsenal the lead with a header in the fifth minute and Piero Hincapie ran through to blast in the second in the 56th.

But Wolves' fightback began with Hugo Bueno's curling shot into the top corner in the 61st.

The 19-year-old Edozie was sent on as a substitute in the 84th and his effort earned the home team only its 10th point of a campaign that looks certain to end in relegation.

While it did little for Wolves' chances of survival, it may have had a major impact at the top of the standings.

“Incredibly disappointed that we gave two points away,” Arteta said. "I think we need to fault ourselves and give credit to Wolves. But what we did in the second half was nowhere near our standards that we have to play in order to win a game in the Premier League.

“When you don’t perform you can get punished, and we got punished and we have to accept the hits because that can happen when you are on top."

Arsenal plays Tottenham on Sunday. Its lead could be cut to two points before it kicks off if City wins against Newcastle on Saturday.


Sinner Sees off Popyrin to Reach Doha Quarters

 Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)
Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)
TT

Sinner Sees off Popyrin to Reach Doha Quarters

 Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)
Italy's Jannik Sinner greets the fans after defeating Australia's Alexei Popyrin in their men's singles match at the Qatar Open tennis tournament in Doha on February 18, 2026. (AFP)

Jannik Sinner powered past Alexei Popyrin in straight sets on Wednesday to reach the last eight of the Qatar Open and edge closer to a possible final meeting with Carlos Alcaraz.

The Italian, playing his first tournament since losing to Novak Djokovic in the Australian Open semi-finals last month, eased to a 6-3, 7-5 second-round win in Doha.

Sinner will play Jakub Mensik in Thursday's quarter-finals.

Australian world number 53 Popyrin battled gamely but failed to create a break-point opportunity against his clinical opponent.

Sinner dropped just three points on serve in an excellent first set which he took courtesy of a break in the sixth game.

Popyrin fought hard in the second but could not force a tie-break as Sinner broke to grab a 6-5 lead before confidently serving it out.

World number one Alcaraz takes on Frenchman Valentin Royer in his second-round match later.