Traditional club that declared bankruptcy is close to the title in Italy < No Attack

Champions of the Uefa Cup in 1994/95 and 1998/99, Parma leads Serie B of the Italian Championship and is close to confirming the title and returning to the local football elite after three seasons.

The team from the Emilia-Romagna region, in northern Italy, is at the top of the Second Division, with 73 points, five ahead of Como, which has 68. The first two placed teams are promoted to Serie A directly.

The remaining vacancy is defined in a playoff between the teams that ranked third to eighth in the table. Today, Venezia (67 points), Cremonese (61), Catanzaro (57), Palermo (52), Brescia (47) and Pisa (46) would participate in the knockout stage. There are still three rounds left until the end of the competition.

Success

Until the 1990s, Parma was a modest team in Italy, but destiny changed the team’s history under the presidency of Ernesto Ceresini. In the 1989/90 season, the team gained access to Series A for the first time.

With heavy investment from the food company Parmalat, Parma won several titles in the 1990s: UEFA Cup (1994/95 and 1998/99), UEFA Recopa (1992/93), UEFA Super Cup (1993), Italian Cup (1991/92, 1998/99 and 2001/02) and the Italian Super Cup (1999).

During this period, great international football players wore the club’s shirt: Hernán CrespoJuan Sebastián Verón, Lilian Thuram, Faustino Asprilla, Gianluigi Buffon, Enrico Chiesa, Amoroso, among others.

Bankruptcy

Parma experienced a major crisis and declared bankruptcy in 2015. As a result, the team changed its name from Parma Football Club to Parma Calcio 1913 and began its journey in Serie D of the Italy.

In the 2017/18 season, the team from northern Italy gained access to the elite of Italian football, a division in which it remained until the 2020/21 cycle, when it was once again relegated to Series B.

Today, Parma belongs to the Krause business group, from the United States, which owns 90% of the club’s shares. The rest is owned by businesspeople from the Parma region (9%) and team fans (1%).