The Italian football league could split in two after a meeting of Serie A and B presidents on Thursday failed to reach agreement over future financial arrangements.
“We have created a new league for Serie A,” Palermo president Maurizio Zamparini told reporters after leaving the meeting in Milan.
“This time it’s for real. It’s not satisfactory but it was necessary.”
The Italian professional league is made up of the top flight Serie A and the second tier Serie B.
Presidents of second division clubs have been in dispute for years with their Serie A counterparts over how revenue is divided within the league. Several Serie B sides have recently suffered financial problems.
Maurizio Beretta, the former head of Italy’s employers’ association, has been proposed as the new president of a possible breakaway Serie A after league encumbent Antonio Matarrese failed to find consensus over a way forward.