Cesena deferred to the Disciplinary Commission over financial mismanagement under previous President Igor Campedelli.
The investigation claims Campedelli took money from the club and funnelled it into his other business Opera spa “without economic justification.
“This progressively weakened AC Cesena financially and increased their debts towards third parties.”
Cesena were penalised by this, but still risk punishment for direct responsibility.
Cesena deferred to the Disciplinary Commission over financial mismanagement under previous President Igor Campedelli.
The investigation claims Campedelli took money from the club and funnelled it into his other business Opera spa “without economic justification.
“This progressively weakened AC Cesena financially and increased their debts towards third parties.”
Cesena were penalised by this, but still risk punishment for direct responsibility.
Campedelli resigned as President in December 2012, leaving the club on the verge of bankruptcy with €35m debts.
Local businessmen and even supporters came together to save the Sea Horses, who gained promotion into Serie A via the play-offs last summer.