Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Debt-ridden Parma in new hands

Share this article

Debt-ridden Parma in new hands
Parma owner and president Tommaso Ghirardi has confirmed the sale of the Serie A club. Photo: Paolo Cocco/AFP
08:30 CET+01:00
Parma owner and president Tommaso Ghirardi has confirmed the sale of the Serie A club after reported new owner Pietro Doca played down reports he would soon take charge.

Ghirardi had announced on Tuesday that Doca would become the club's new president after completing an imminent takeover, although doubts were raised by Doca earlier on Wednesday when he claimed "a final agreement had yet to be reached".

Ghirardi, however, issued a statement on the club's website late on Wednesday which said: "Tommaso Ghirardi, on behalf of himself and the shareholders of Sport Events, having read the statements of Mr Doca, confirm the finalization of the agreement concerning the sale of the club's shares."

Parma have been debt-ridden since last season and recently the club were docked a point by Serie A officials as punishment for failing to pay their players.

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

Is this the world's most international business school?

It's not just one of the world's leading business schools. It's also a chance for students to have a truly international undergraduate experience.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement