Shares in Serie A club Lazio have been suspended by after the club announced big losses.

The club announced that their net loss widened 44% to €68m in the July-December period.

The Rome-based outfit are preparing a second share issue in less than a year as they try to raise cash.

Last month several Lazio players were interviewed by investigators as part of a probe into the transfers of players from the club, which was formerly owned by Cirio.