Italy’s Parma still in crisis despite third new owner this season

Parma fans

By Mark Baber
February 12 – New Parma president Giampietro Manenti, chief executive of the Mapi Group which bought Parma for 1 Euro earlier this week, is confident the club can meet its obligations and pay off all its debts by the end of this month. Damiano Tommasi, president of the Italian footballer’s union the AIC, on the other hand, thinks it is unlikely the debt can be paid and is concerned for the welfare of the players.

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