Parma Dissolved And Automatically Relegated After Financial Meltdown

 7 years, 4 months ago 0 Comments

Parma FC has been in financial meltdown in recent years and it has finally come to a head with the club being virtually ‘dissolved’ and consequently relegated from Serie A, each of their games for the rest of the season will be recorded as a 3-0 defeat and the future of the club remains uncertain. I have never understood why they call it 3-0, kind of rubs salt into the wound doesn’t it?

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Despite finishing 6th last season Parma were kicked out of Europe for failing to pay their taxes, at which point the club’s owner sold the club for a single Euro, the new owner then installed a 29 year old as Club President before changing his mind about the purchase and selling Parma on again for the same amount he’d paid, one Euro.

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This Italian football club was a once a European giant and through the years has possessed players like Buffon, Veron, Asprilla, Thuram, Zola, Dino Baggio, Cannavaro and of course Hernan Crespo who they sold for £35million back in 2000. It’s crazy to think that a club with such history could just disappear into obscurity

This is another dark day in Italian football and once again sheds light on the financial mis-management of clubs that is happening the world over.

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