Parma’s dream days turn into nightmares

In the 1990s Parma threatened to upset the established order in Italy by winning four European trophies and finishing second in Serie A, but now they are staring into the abyss.

Parma's dream days turn into nightmares
Parma has debts of up to €100 million and an unpaid tax bill said to stand at €17 million. Photo: Paolo Cocco/AFP

The heady days when they were owned by dairy giant Parmalat, whose riches helped build a talented team that played eye-catching football and won two Uefa Cups, a European Cup Winners' Cup and a European Super Cup, are but distant faded memories.

Parma won the Cup Winners' Cup and Super Cup in 1993 and then lost to Arsenal in the Cup Winners' Cup final the following year before adding the Uefa Cup in 1995 by beating Juventus in the final.

A further UEFA Cup followed in 1999 with a side coached by Alberto Malesani that included players of the calibre of Hernan Crespo, Gianfranco Zola, Tomas Brolin, Lilian Thuram, Gianluigi Buffon and Faustino Asprilla.

As well as the continental triumphs, there were Coppa Italia wins in 1992, 1999 and 2002, but now the club can no longer afford to pay its players. They cannot even afford to pay for stewards at the Stadio Ennio Tardini, a situation which led to the humiliation of having to postpone their Serie A game with Udinese last weekend.

READ MORE: Serie A club too broke to pay stadium stewards

Photo by Filippo Monteforte/AFP

Days before that, bailiffs visited the stadium with repossession orders, seizing equipment from the club's gym.

The alarm bells were already ringing when they had to cede their place in this season's Europa League to Torino because of late payment of income tax on their players' salaries.

Things have come to a head as the club – coached by former Italy manager Roberto Donadoni – are now on the verge of ruin. A court in Parma on Tuesday set a date of March 19th for a bankruptcy hearing.   

This is not the first time that the club has faced serious financial problems and some heart can be taken from the fact they have bounced back before.

Following success in the post-Nevio Scala era of Carlo Ancelotti – they finished a best-ever second in Serie A in 1997 – and then Malesani the club was declared insolvent in April 2004 after Parmalat went bust. Former club president and Parmalat founder Calisto Tanzi is still in prison after being found guilty on charges of fraud and embezzlement.

Promises not kept

Parma's fortunes have fluctuated wildly since their reformation as Parma Football Club in 2004 and their purchase in 2007 by Tommaso Ghirardi.

While they enjoyed three successive top ten finishes in Serie A, including sixth place last term, the players' concerns about the financial security of the club – known as the 'Ducali' (The Duchy Men) – had already been aroused.

Captain Antonio Lucarelli told La Gazzetta dello Sport on Sunday that Parma's problems started "two years ago" when players began to receive their wages on deadline day. "That's when we got suspicious," said Lucarelli.   

With debts of up to €100 million and an unpaid tax bill said to stand at €17 million, it is hardly surprising Parma's players have not been paid at all since last July.

In that time the club has seen two new owners – Albanian businessman Rezart Taci and current owner Giampietro Manenti – neither of whom have secured the necessary bank guarantees to drag the club out of the mire. Manenti "came to us with big promises, but so far we haven't seen a euro," added Lucarelli. 

After the date of Parma's bankruptcy hearing was announced on Tuesday, Lucarelli added: "We've seen it all now. In the current situation the only thing I can see is for us to declare bankruptcy." 

But in defiant fashion, he added: "If we have to pay our own way to travel to Genoa (this weekend) to play, we will."

Italian football federation president Carlo Tavecchio, meanwhile, has pledged: "Parma will finish the championship thanks to the help of fellow clubs who will put their hands into their own club coffers."

However, if Parma do go bankrupt, all their previous results from this season are expected to stand and the teams who were due to meet Parma in upcoming games will be awarded 3-0 victories.

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Euro 2020: Concern about virus spread after Italy players’ ‘unauthorised’ victory parade through Rome

Italy’s national football team reportedly insisted on taking an open-top bus tour through Rome to show off their European Championship trophy to crowds of fans - despite city authorities forbidding it amid concern about the spread of coronavirus.

Euro 2020: Concern about virus spread after Italy players' ‘unauthorised’ victory parade through Rome
Photo: Tiziana Fabi/AFP

The team’s bus parade through the city on Monday night following their Euro 2020 triumph “was not authorised”, according to Matteo Piantedosi the head of Rome’s prefettura (the public safety authority).

Thousands of fans packed the streets of central Rome to see the team celebrate their cup win after beating England on penalties in the final.

READ ALSO: ‘Football came home’: Italy celebrates Euro 2020 victory over England

Piantedosi told Italian newspaper Corriere della Sera on Wednesday: “We had denied permission to celebrate Italy’s victory in the European Championships on the open bus, but the pact was not respected.”

Piantedosi, who is Rome’s top public security official, said police had “no choice” but to let the parade go ahead after players Giorgio Chiellini and Leonardo Bonucci insisted on it.

Photo: Vincenzo Pinto/AFP

A meeting had been held on Friday with the Italian football federation (FIGC) to discuss plans for the celebrations if Italy won, said Piantedosi.

“I had agreed the line with Interior Minister Luciana Lamorgese and Chief of Police Lamberto Giannini,” he said.

“It was clearly explained that [the parade] was not possible. We said we could not authorize it.”

Piantedosi said the Italian football federation (FIGC) initially agreed to hold a “controlled” ceremony in Rome’s central Piazza del Popolo instead of the parade.

After players insisted on the bus tour on Monday however, Piantedosi said, authorities reluctantly let them go ahead due to fears of sparking public disorder.

“At that point we had no choice but to acknowledge the situation and handle it in the best way we could,” he said.

READ ALSO: Covid cases on the rise in Europe once again as WHO warns of Euro 2020 risk

Photo: Andreas Solaro/AFP

In a statement on Wednesday, the FIGC said it had acted responsibly but decided not to disappoint fans who had come to celebrate with the team.

Footage of large crowds thronging the bus carrying the ‘Azzurri’ and the European Championship trophy through the capital however fuelled concerns about new outbreaks of coronavirus, after Italy’s infection rate began to rise again last week.

The World Health Organization warned earlier this month that crowds and gatherings connected to football matches will fuel a new rise in cases across Europe this summer.

READ ALSO: Delta variant in Italy will be ‘prevalent within 10 days’: health official

Italy’s health minister Roberto Speranza also voiced concerns on Monday about the consequences of people gathering to watch sporting events.

He said the European football championship win was “a great joy after terrible months,” but “even in these moments of national pride we can’t forget that our ‘game’ to defeat Covid is not yet won.”

There are currently minimal health restrictions in place across Italy, however masks are supposed to be worn in crowded public places, including outdoors.

“Footage shows that police were virtually the only ones [in the crowd] wearing masks,” said Piantedosi.