A phoenix youth academy lasted until circa 2005, as a new company A.S. Siracusa Calcio 1924 S.r.l., with an illigimate foundation year.
Gruppo Sportivo Tommaso Gargallo was founded on 1 April 1924, by two men who were part of the military, the lieutenant of the 75° infantry Genisio Pioletti and his advanced captain Luigi Santuccio.
In 1979 the club won Coppa Italia Serie C, defeating Biellese in the final.
In 1985 the club went bankrupted, but the sports title was transferred to another company backed by new investors.
In 1994–95, despite serious financial troubles, Siracusa almost reached promotion to Serie B under head coach Giuliano Sonzogni, losing on playoffs to Avellino.
[2][5] Associazione Amici del Siracusa, a cultural association, currently owned the rights to use the logo and the name of the club.