re-founded by Giorgio Del Sabato. The team restarted as U.S. Triestina Calcio from Serie D and was readmitted to Serie C2 by the federation one year later. In 2001, after six seasons in Serie C2, the club won promotion to Serie C1 after playoffs; this was followed by a second consecutive promotion, this time to Serie B, both under head coach Ezio Rossi. In the 2005–06 season, Triestina changed its manager five times. The list include the tandem Alessandro Calori-Adriano Buffoni, Pietro Vierchowod, caretaker Francesco De Falco, youth team coach Vittorio Russo and Andrea Agostinelli. In addition, Triestina's owner Flaviano Tonellotto was forced to resign on 1 February 2006 by the magistrates because of a pending court procedure for bankruptcy, and his wife Jeannine Koevoets was named to replace him at the helm of the club. However, Tonellotto was successively ordered to leave the association because of financial troubles. The magistrates named Francesco De Falco as caretaker chairman with the idea of finding somebody interested to buy the club. Curiously, in the 2005–06 De Falco, a player for Triestina in the 80's, covered three different roles in the club: director of football, manager and chairman. In April 2006 the team was purchased by the Fantinel family, owners of a wine company in the region. In recent years, Triestina struggled to mount a promotion campaign to end half-century absence from the Italian top flight. Triestina finished 8th in 2008–2009 season. However failed to remain in Serie B in the 2009–10 season, with a crashing 3–0 defeat to Padova at the play-outs, and was relegated to Lega Pro Prima Divisione after 8 years of endeavour in the second tier of Italian football, only to be readmitted to Serie B after Ancona filed for bankruptcy. On 21 May 2011, in the season 2010–11, after a disastrous campaign, Triestina was relegated from Serie B to Lega Pro Prima Divisione, having returned there in 2002 after 11 seasons in Serie C and Serie D. 2012: Relegation and bankruptcy On 25 January 2012 the club in strong financial difficulty, has been declared bankrupt by the court of Trieste. In the season 2011–12 Triestina was relegated from Lega Pro Prima Divisione group B to Lega Pro Seconda Divisione. On 19 June 2012 the club was finally declared bankrupt and the team was disbanded. Stefano Mario Fantinel, former chairman of the club, was suspended from football activities for