Piacenza are currently in Serie D, but have a successful past.
Piacenza may not be a fallen giant, but the Italian side has certainly fallen. They were in Serie A as recently as 2003 but following relegation from Serie B in 2011 they went on to be declared bankrupt and now play in Serie D.
The club however now have a powerful ally in their hope to make it back to the big time, Scottish champions Celtic.
A group of delegates from the club went to Glasgow this week to finalise an agreement with the club over a future working relationship. Piacenza24 report director general of the Italian club Marco Sciano as stating:
"It is a true honor to shake hands on this partnership with Celtic, a bond that from today we will have the objective of develop and make money.
"The name Piacenza Calcio even at these latitudes is well known and has an excellent reputation. We are definitely a young team and certainly we do not have the size of Celtic which is one of the top five clubs in Europe, but I think we should aim at better and look up."
Piacenza will be hoping to benefit from a potential friendly match between the two teams and a partnership that will hopefully see players from both teams going to play for each club, even if at just youth level.
Celtic are now in allegiance with a side who have had the likes Filippo Inzaghi and Radja Nainggolan come through their youth system, so that will hopefully give them hope of picking up the odd talent from the Italian side.
But the main aim appears to be the improvement of Piacenza, who recently secured a play-off spot in their hunt for promotion to the Lega Pro 2 system next season.