Parma forced to sell up?
Wednesday 10 December, 2003
Parma could be the next Italian side forced to sell off its top stars after news of Parmalat’s financial problems emerged.
The club is owned by food giants Parmalat, who are also the main sponsors of the Gialloblu, but could be sold off as part of a cost cutting programme.
This week it was confirmed that Parmalat have debts mounting to £350m and must pay off an outstanding bond of £100m within the next five days.
This crisis means that quick cash is needed and some of Parma’s players could be the key to solving the company problems, if not the clubs’.
The Tanzi family has been in charge of Parma for the last fifteen years, taking this tiny club to celebrate a Cup Winners’ Cup, UEFA Cup and European Supercup.
In the last two seasons they have introduced a new cost-cutting system which sees top stars such as Adrian Mutu, Marco Di Vaio, Gianluigi Buffon and Fabio Cannavaro sold off while promising youngsters are built up.
The January transfer window may see Chelsea finally make their bid for Sebastien Frey (pictured), who was up until now expected to move at the end of the season.
Juventus have shown interest in Under-21 international Alberto Gilardino, while Mark Bresciano and Azzurri man Marco Marchionni are also appetising prospects for the big sides around Europe.
However, the summer is likely to see a massive clear-out at the Tardini, much like Lazio’s attempts to prevent holding company Cirio’s collapse in 2002.
In July of last year, the Biancocelesti sold off Hernan Crespo and captain Alessandro Nesta for over £50m.
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IMO we're getting Gilardino if Treze's injure proves to be serious. We cant rely on Zalayeta, and 3 forwards is just too littl for a serious CL campaign.
Wednesday 10 December, 2003
Parma could be the next Italian side forced to sell off its top stars after news of Parmalat’s financial problems emerged.
The club is owned by food giants Parmalat, who are also the main sponsors of the Gialloblu, but could be sold off as part of a cost cutting programme.
This week it was confirmed that Parmalat have debts mounting to £350m and must pay off an outstanding bond of £100m within the next five days.
This crisis means that quick cash is needed and some of Parma’s players could be the key to solving the company problems, if not the clubs’.
The Tanzi family has been in charge of Parma for the last fifteen years, taking this tiny club to celebrate a Cup Winners’ Cup, UEFA Cup and European Supercup.
In the last two seasons they have introduced a new cost-cutting system which sees top stars such as Adrian Mutu, Marco Di Vaio, Gianluigi Buffon and Fabio Cannavaro sold off while promising youngsters are built up.
The January transfer window may see Chelsea finally make their bid for Sebastien Frey (pictured), who was up until now expected to move at the end of the season.
Juventus have shown interest in Under-21 international Alberto Gilardino, while Mark Bresciano and Azzurri man Marco Marchionni are also appetising prospects for the big sides around Europe.
However, the summer is likely to see a massive clear-out at the Tardini, much like Lazio’s attempts to prevent holding company Cirio’s collapse in 2002.
In July of last year, the Biancocelesti sold off Hernan Crespo and captain Alessandro Nesta for over £50m.
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IMO we're getting Gilardino if Treze's injure proves to be serious. We cant rely on Zalayeta, and 3 forwards is just too littl for a serious CL campaign.
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