So after all the bankruptcy issues for Parma they were disbanded and will now reboot at Parma Calcio 1913 in Serie D!
http://www.nytimes.com/2015/08/18/sp...ampaign=buffer
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Now, Parma (the new version) has fewer than 10 employees on the business side, a master plan that seeks to overhaul the core philosophy of Italian club ownership and, ultimately, grand designs on earning promotion this season from Italy’s fourth division, Serie D. It is simultaneously trying to figure out how to operate (and pay for) an enormous training complex on the outskirts of town.
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Where'd all the money go!?