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 Posted by ESPN Staff
Jun, 23, 2011

Parma tie up Giovinco deal

Parma have acquired half the sporting rights of Italian midfielder Sebastian Giovinco from Juventus.

Giovinco set for Parma stay

Giovinco, 24, spent last season on loan at Parma from Juventus and enjoyed a solid campaign with the club.

"We officially announce to our fans that we have bought 50% of the sporting rights of Giovinco," Parma president Tommaso Ghirardi said on the club's official website. "I believe this is a great move for Parma."

The deal, worth €3 million, will be welcomed by Giovinco, who had expressed his wish to continue with Parma next term. The talented winger scored seven goals in 30 league appearances for Parma last season.

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