Can anyone tell us more about Florence's bankruptcy in 2002?

Struggling with huge debts, Fiorentina went bankrupt 2002-06-29 Due to debts of nearly 60 million US dollars, Fiorentina, one of the "Seven Sisters" of Serie A, fell into bankruptcy. According to Italian news agency ANSA, on the 27th local time, the court officially launched the bankruptcy proceedings of the Fiorentina Club. It is reported that the jury made the above decision after referring to an audit report submitted by the Florence team to the court. A club director revealed that Fiorentina's debt has reached US$59.05 million. In order to maintain a balance in their books, Fiorentina has decided to sell several of its stars. This will be another heavy blow to the Buddha fans who have already lost Barty. Italian goalkeeper Toldo and Portuguese midfielder Rui Costa are currently the two biggest assets of the Fiorentina team, and Toldo has sought a transfer. In addition, Portuguese forward Gomez, Czech defender Repka and Italian midfielder Di Livio are also coveted. The current owner of the Florence club is Italian film and media tycoon Cecchi Gori, whose Oscar-winning film "Life is Beautiful" is one of his masterpieces. In 1993, Gauri took over the Fiorentina team from his father, but as the club's operations have been declining, he has been busy looking for a buyer in the past year in order to get out as soon as possible. In addition, Gao Li is in a divorce lawsuit with his wife, who is seeking US$1 billion in compensation, which is about half of Gao Li's property.