Parma to buy training ground

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Parma have announced that they’ve been given provisional approval to buy back their Collecchio training ground.

The Ducali were declared bankrupt in 2015, and a refounded club was forced to start again from Serie D, the highest amateur league.

The Centro Sportivo di Collecchio was owned by Parma’s parent company Eventi Sportivi S.p.A. so when the club was declared bankrupt it was put up for auction.

The football team has continued to use the centre, but the bankruptcy tribunal controlled the property and will sell it to repay creditors.

Parma are now back in Serie B and chasing promotion to the top flight, and today it has been announced they’ve bought their training ground back.

“Parma Calcio 1913 announces that it has provisionally been awarded the property Centro Sportivo di Collecchio, for a price equal to €3.21m plus expenses,” a statement on the club’s website reads.

“This comes at the end of the sixth sale attempt, carried out this morning by the Sports Bankruptcy Commission.

“As has already been announced in the past, the training ground will not be acquired by a third party company but directly by Parma Calcio 1913, and will constitute one of the company’s main assets.

“The acquisition will be formalised in the coming weeks.”

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