This is the saddest day of my life says Sergio Pellissier, former captain of Chievo Verona who tried to help the club out of financial problems but failed.

Italian authorities announced on Tuesday that former Seria A contenders Chievo Veroba Football club has gone out of operation due to their inability to find investors to solve their financial problems. 

The club’s former captain Sergio Pellissier, who played almost 500 games for them, tried to put together a rescue plan without any success indicated his failure with an ’emotional’ post on Instagram on Saturday. He used the picture below.

“Today, unfortunately, the story of that company that gave me so much has ended. This is one of the saddest days of my life,” he wrote. “I tried with all my strength and I really hoped to succeed in starting again and continuing this fantastic story.”

“I regret that I didn’t have enough time, it’s a really complicated period to be able to find sponsors,” he said.

Chievo, who played in the Seria A for 17 seasons featured in Serie B last season but failed to satisfy the Italian second division’s financial solvency criteria and were relegated to Serie D.

They needed to put their affairs in order, to enter that competition before it kicked off its season.

The deadline for Serie D registration was Tuesday and the club frantically sought a buyer to bail it out but without success.

The Verona town hall announced, “the deadline for registering for the championship, which is about to begin, passed at midday.”