Until its bankruptcy, Servette was the only Swiss club to have remained in the top league since its creation in 1890. Servette remained the only club to have never been relegated for sporting reasons, until they finished at the last place, following the 2012–2013 season. Bankruptcy and revival On 4 February 2005, the parent company of the club was declared bankrupt. It had run debts of over 10 million Swiss francs, having not paid the players since the previous November, and consequently the club suffered an exodus of players looking for paying clubs. As a consequence of the bankruptcy Servette Under 21s took over the club name playing two divisions below the original Servette team in 1. Liga, a fate already experienced by regional rivals Lausanne Sports in 2003, and continued to play at the Stade de Geneve in front of smaller crowds. In the 2005–06 season, a rejuvenated Servette secured promotion to the Challenge League, the second highest division in Switzerland. In the 2010–11 season, Servette finished 2nd in the Challenge League, thereby qualifying for a relegation/promotion play-off against Super League team AC Bellinzona. Servette lost the initial match in Bellinzona 1–0, but won the return match 3–1 and winning the tie 3–2 on aggregate, securing promotion to the Swiss Super League. 2011 to present During the Summer 2011 transfer window, Servette FC made very few signings, considering the club had been promoted from the second division to the Super League. Barroca, Issaga Diallo, Carlos Saleiro and Abdoulaye Fall (the latter failed to receive a work permit) were signed as permanent transfers, in addition to Ishmael Yartey and Roderick Miranda joining the club on loan from Benfica. Costinha, a former Portugal international and Champions League winner with FC Porto, was appointed as the club's Sporting Director, after he had been previously fired by Sporting Lisbon. With a largely unchanged squad from their previous season in the second division, Servette achieved very impressive results in the first half of the season, including victories over FC Zurich, BSC Young Boys, Neuchatel Xamax, FC Lucerne, local rivals FC Lausanne-Sport and a 4–0 away win over arch-rivals FC Sion. Despite achieving overall impressive results in the first half of the season, manager João Alves was fired, and was replaced by his compatriot João Pereira, to the disappointment of many of Servette's supporters. In December 2011, reports surfaced that Servette was unable to pay