The Ligurian minnows shocked many bigger clubs to secure a place in the Second Division when they won Serie C1A in 2005-06.
The following season saw Spezia pull off the Great Escape with a relegation play-out win over Verona to avoid an immediate return.
However, the financial strain took its toll on the Aquilotti and proved too great after the minnows finished in penultimate place and were sentenced to Lega Pro 1 (formerly known as Serie C1).
Despite donations from many benefactors, the historic club were forced to declare bankruptcy and have applied to start again in the amateur ranks.
Meanwhile, the Italian Football Federation (FIGC) has confirmed the eight other clubs who have failed to meet the financial requirements needed to register for the new season.
In addition to Spezia, Messina from Serie B, Castelnuovo Garfagnana, Martina and Teramo did not apply for enrolment.
Lucchese, Massese, Nuorese and Torres Sassari failed the Covisoc financial tests and have therefore been rejected to enter their respective Leagues. The teams that will replace them will be confirmed shortly.
Other clubs who were late with their financial documents - Treviso in Serie B; Avellino, Juve Stabia, Pescara, Potenza, Venezia and Verona in Lega Pro 1; and Manfredonia and Scafatese in Lega Pro 2 - have been accepted, but they will face points penalties for the new season.
Source: C4 Football Italia
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