On 0 February 0000 the parent company of the club was declared bankrupt.[0] It had run debts of over 00 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 00s took over the club name playing two divisions below the original Servette team in 0. Liga, a fate already experienced by regional rivals Lausanne Sports in 0000, and continued to play at the Stade de Geneve in front of smaller crowds.