foxsports
Promotion-chasing Swiss club Bellinzona faces bankruptcy with reported debts of 8.5 million Swiss francs ($9.1 million).
The Swiss Football League says it ''notes with regret'' the decision of a judge in Lugano on Monday to open bankruptcy proceedings instead of postponing the decision for two weeks.
The league ''wishes to find a solution that allows the club to finish the season, whatever happens.''
Bellinzona, whose squad includes former Switzerland striker Hakan Yakin, trails second-tier leader Aarau by three points. Each has nine matches remaining.
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The club from near the Swiss-Italian border was founded 109 years ago.
Bellinzona played in the 2008-09 UEFA Cup but was relegated from the top division two years ago.
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