FK Saturn out of the Russian Premier League
Russian Premier League office has received a letter from the Moscow-based football club, FK Saturn, informing their withdrawal from the Russian Premier League. Latest edition of the Russian Premier League is set to commence from March 12th.
Saturn have been facing financial difficulties lately, and due to the gigantic unpaid debt, they have announced their withdrawal. The club had attached hopes with the http://www.senore.com/Football-soccer/Vladimir-c36322 Romanov. The Lithuanian businessman was allegedly purchasing the right to the club, but the deal could not reach a monetary agreement. Reports now indicate that Romanov has set his sights on FC Nizhny Novgorod and Torpedo Moscow. Novgorod finished second in Russian first division last year while Torpedo were the winners of Russian second division.
With mere ten wins last season, the Saturn finished tenth on the points table. The club earned 34 points after 30 rounds of football. Toppers of the first division in 1998, Saturn earned their berth in the 1999 premier league for the first time. Never able to secure a top-3 position in the league, they have held fifth position at best, in 2007.
A meeting with Saturn and http://www.senore.com/Football-soccer/FC-Amkar-Perm-c39067, 14th in the Premier League Points Table, was set for January 25. The Perm based club has found the financial solution and are very close to a deal for a comeback to the next season in first division as they have been relegated from the premier league. However, Inoplanetyane are reported to begin bankruptcy proceedings next month. The club is likely to be demoted to First Division.
FK Krasnodar; a club from first Division, have shown eagerness to join the premier league as the president of the RPL ,Sergei Pryadkin, received a letter from the outfit. However, the decision will be finalized on January 25. Krasnodar finished fifth on the points table in the 2010 season.
Saturn is not the first football club to have declared bankruptcy. The Serie C2 Italian club, FC Neopolis had declared bankruptcy in 2006. Mario Moxedano and Ezio Bouchè took over the ownership of the club. The new ownership changed the name to Football Club Sporting Neapolis and moved the facility to Naples. Even though the club was initially demoted to Serie D, the new ownership proved to be solid and the club got promoted to Serie C2.
The most recent example is of HFC Haarlem, a Dutch-based football club, who declared bankruptcy in January 2010. According to the Dutch rules, all the ongoing activities of the club in the league were cancelled and all the players under contract were declared free-agents. The club however was reinstated a month later, with naming and logo rights from the former club. Haarlem completed a merger with an amateur club named; HFC Kennemerland and the new club will be called Haarlem-Kennemerland.
Tags: