All Serie A clubs, apart from Lecce have voted to form their own governing body and break away from the Lega Calcio.
The move which was announced by Palermo president Maurizio Zamparini on Thursday afternoon means Serie A clubs will not longer be governed together with Serie B sides in the Lega Calcio. All top-flight clubs will be run by the Lega Serie A which will be responsible for organising fixtures.
Serie A and Serie B have been run together by the Lega Calcio since 1946, but that has come to an end after 19 of the 20 top clubs voted to break away and form their own governing body. The move is similar to what happened back in England during the 1992 season when the Premier League was formed.
Maurizio Berreta will be the man who is given the task with overseeing the management of the Lega Serie A. Zamaprini announced the move, but he is not sure it will be best for Calcio.
"We have formed the new Lega Serie A. Am I satisfied? No really, but it had to be done," the chief told La Gazzetta Dello Sport.
The editor of Goal.com Italy, Sergio Stanco, has explained the reasons and implications of this breakaway.
"We will have to wait a while before we can completely understand this move, but what we can say is that it's obviously a money matter," Stanco stated.
"There are two things that this decision affects. First of all, Serie A will have nothing to do with the leagues below them, and will not pay to support them. In Italy we had something called 'mutuality', where each Serie A team was obliged to donate part of their revenue to the other leagues.
"Secondly, Serie A no longer requires Serie B votes when making decisions, and that means they could move inside a football business model.
"Until today, each team had one vote, so if Milan, for example, proposed to invite Manchester United into Serie A, they needed the okay of at least 20 teams, and at least 30 of the 40 were small clubs.
"Now there are just 20 teams who make the Lega Serie A decisions. Ten of these are business-oriented clubs, and the others will gain more than before financially."
Salvatore Landolina, Goal.com