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 By PA Sport

Parma begin comeback after sealing promotion from Serie D

Parma fans have Lega Pro to look forward to next season.

Fallen Italian giants Parma have taken their first significant step towards returning to the top flight by winning promotion from Serie D.

The Emilia-Romagna club, who were forced to reform and start from scratch after being declared bankrupt last year, secured first place in a regional division of the highest amateur league by beating Delta Rovigo 2-1 at the Stadio Ennio Tardini on Sunday.

Matteo Guazzo scored in the 17th minute to give Parma the lead, but Gabriele Boillini netted in the 52nd to...

 By Ben Gladwell

Inter Milan finances worse than Parma's - Giampietro Manenti

Giampietro Manenti was arrested in Italy on money laundering charges in March 2015.

Inter Milan's finances are in a worse state than when Parma went into bankruptcy, according to the latter club's former president Giampietro Manenti.

In his first interview since being arrested on the eve of Parma's official bankruptcy, Manenti accused the police and football authorities of joining forces to condemn the Emilia-Romagna club, saying he was powerless to prevent their situation.

In October, Serie A giants Inter posted losses of €74 million for the 2015 financial...

 By Ben Gladwell

AC Milan deny wrongdoing in Gabriel Paletta transfer

Milan snapped their five-match winless streak with Saturday's 2-1 win over Roma.
AC Milan say there was no foul play in the transfer of Gabriel Paletta from Parma in February.

AC Milan have released a statement refuting any wrongdoing in the transfer of Gabriel Paletta from Parma in February.

The Parma Tribunal have opened an investigation into what they believe could be fraudulent activity in the sale of the Italy international from the debt-ridden and now defunct Parma FC to the Rossoneri.

The 29-year-old was signed for a sum of €2.5 million,...

Ex-Parma chief Giampietro Manenti banned 5 years for bankruptcy role

Former Parma president Giampietro Manenti has been banned from football for five years.

ROME -- Former Parma president Giampietro Manenti has been banned from football for five years for trying to use cloned credit cards and other illicit means in a failed attempt to help the squad avoid bankruptcy.

The Italian football federation's disciplinary court announced the decision on Tuesday, after Manenti was arrested earlier this year on charges of money laundering and...

 By Ben Gladwell

Parma Calcio 1913 fans out in force for Serie D debut

Parma supporters are showing support for the new club as they begin life in Serie D.

Supporters turned out in force to support Parma Calcio 1913 at the weekend as the newly formed club beat Arzignanochiampo away in their Serie D debut.

Parma were wound up this summer after going bankrupt last season, but Parma Calcio 1913 has been formed to fill the void and began life in the fifth tier with a 1-0 win.

The new club -- whose president is Nevio Scala, who coached Parma from Serie B to success in the European Cup Winners' Cup and UEFA Cup in the early 1990s -- were followed by an estimated...