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 By Ben Gladwell

Parma creditors put club's trophies up for auction

Parma have played their last game after declaring bankruptcy.

Creditors representing Parma Football Club, which went bankrupt last season, are seeking to recoup as much money from the now defunct club as possible by selling their silverware.

Among the items being sold at an auctions are the 1993 UEFA Cup Winners' Cup -- won at Wembley thanks to a 3-1 win over Royal Antwerp -- the 1994 UEFA Super Cup and the 1999 UEFA Cup.

Interested parties can view the items on the website and must notify the creditors of their bid by Sept. 11.


New club Parma Calcio 1913 approved to play in Serie D

Parma were liquidated last season after declaring bankruptcy, and a new team will take their place in the city.

PARMA, Italy -- A new Parma club backed by pasta maker Guido Barilla and other business executives have been approved to compete in Serie D after the previous squad went bankrupt.

The Italian football federation chose the team named Parma Calcio 1913 -- after the founding year of the city's original squad -- over another entrant led by Giuseppe Corrado, who runs a national cinema chain.

Parma Calcio 1913 have the backing of the city's mayor.

In March, Parma were declared bankrupt with debts of more...

 By Ben Gladwell

AC Milan set to wrap up move for Parma defender Jose Mauri

Jose Mauri in action for Parma.

AC Milan will sign defender Jose Mauri from Parma subject to the player passing a medical.

Mauri, 19, arrived in Milan on Monday to undergo tests, with the Serie A club confirming his arrival on their website.

"Jose Mauri is on his way to the La Madonnina clinic from the Milan Linate Airport," a statement said.

"Once there, the young midfielder will have his medical. In addition to the Milan medical staff, the Milan Channel are also...

Parma Calcio 1913 unveiled, 'new chapter' begins for club says Barilla

Parma's new owners pose for a photo at the news conference.

Parma Calcio 1913 will start a "new chapter" for the club and the city after its official unveiling on Wednesday, according to one of its backers Guido Barilla.

In March, Parma were declared bankrupt with debts of more than €200 million ($220 million) and, after finishing last in Serie A in the 2014-15 season, the club were ordered to play under a new name in Serie D, the fifth division of Italian football.

Three management roles have been confirmed so far: Nevio Scala, former Parma coach,...

Parma plan revival led by ex-coach Nevio Scala

PARMA, Italy -- Former coach Nevio Scala is leading a group of investors applying to revive bankrupt club Parma in the fourth division.

The 67-year-old Scala, who led Parma to three European trophies in the 1990s, is slated to become club president if the Italian federation approves the application.

In March, Parma were declared bankrupt with debts of more than €200 million ($220 million). After finishing last in Serie A, Parma were ordered to play under a new name in Serie D.

The Scala-led...