Euroleague, alternating between close wins (sometimes on the buzzer) and closer defeats, ending the season with 3 wins and 7 losses. In their final game against Unicaja that would decide who progressed from the group, the Italians were the victims of a buzzer beating shot that eliminated them from the competition. Though its financial problems emerged to the fore, with a relegation all but assured due to massive debts, on the court the holders kept fighting, pushing favourites Milan to seven games in the Serie A finals, though they would go on to concede the title. Soon after, Mens Sana Basket was declared bankrupt amidst debts of 5,4 million euros and the departure of sponsor Montepaschi even if the company had revenue for over 400 million Euro. Furthermore, an inquest had been started in 2012 after suspected undeclared payments and tax evasion by club officials for over 90 million Euro, including former president Ferdinando Minucci. On 25 October 2017, following an investigation for accounting and fiscal fraud, including the destruction of some of the company's accounts by the president Ferdinando Minucci, the Italian Basketball Federation revoked all the domestic titles won by the club during the 2011–12 and 2012–13 seasons, namely two Italian titles, two Italian Cups and an Italian Supercup. A new start (2014–present) The Mens Sana multi-sports club then retook ownership of the basketball club, it was registered in the fourth division Serie B for the 2014–15 season, with all players having left though Roberto Chiacig returned. In June 2015, Mens Sana 1871 won the third place game in the Serie B final four to earn a promotion to the unified second division Serie A2 for 2015–16. In March 2019, Siena was excluded from the West Group of the Serie A2 for economic issues. In the beginnings of 2019, the team's roster was practically dismantled due to the club's financial troubles making it impossible to pay the league's taxes and the wages. The exclusion was determined after various renounciatiouns by the team to play certain games and on the charges of "unsportsmanlike conduct", since its line-up altered the competitiveness of the league. Following the exclusion, the team was renamed as Mens Sana Siena Basketball Academy, after absorbing again the control of Mens Sana's former satellite youth team; and enrolled for the 2019–20 Promozione Toscana, in the 7th tier of the Italian Basketball Federation. Such league was suspended due