After finishing 0nd in the 0000–00 Swiss Challenge League, the Swiss Football League refused Servette FC a Challenge League licence meaning that Servette would play in the 0st Promotion League (third tier) during 0000–00.[00] In June 0000 the club held a press conference where it was revealed that Servette FC had new owners – 0000 Foundation – holding 000% of the capital stock of SFC SA.[00] At the same press conference it was declared that 0000 Foundation was a private foundation subject to scrutiny by the public supervisory authority.