SHARE
COPY LINK

FOOTBALL

Cash-strapped Parma rescue ‘plan’ in place

A financial rescue plan to enable cash-strapped Parma see out the remainder of the Serie A season is in place, the Italian football federation (FIGC) said on Wednesday.

Cash-strapped Parma rescue 'plan' in place
A financial rescue plan to enable cash-strapped Parma see out the remainder of the Serie A season is in place. Photo: Paolo Cocco/AFP

"We've established a plan which has already been presented to various clubs in Serie A," FIGC president Carlo Tavecchio revealed.

The FIGC is seeking financial help from the Italian professional league to keep Parma going with the club's immediate fate set to be determined at a meeting on Friday.

Parma players have refused to play their last two league games, at Genoa away and at home to Udinese.

The club is said to be €100 million in debt with some €17 million owed to the tax authorities.

Serie A has already docked the squad a penalty point as result of delays in meeting players salaries.

The league's rescue package is believed to involve the sum of €5 million to keep the club afloat.

A bankruptcy hearing on March 19th is due to decide whether Parma can continue operating. If it rules no, Parma will not complete its remaining fixtures.

If Parma do drop out of this season's league, all previous results stand and future results are recorded as a 3-0 win to the opposition.

Parma are due to play Atalanta on Sunday.

RACISM

VIDEO: Spain’s La Liga reviews video of boy racially abusing Vinicius

Spain's La Liga on Monday said it was reviewing a video of a child making racist insults towards Real Madrid forward Vinicius Junior during the 2-2 draw with Valencia at the weekend.

VIDEO: Spain's La Liga reviews video of boy racially abusing Vinicius

“We’re in the process of studying and analysing the facts from a legal standpoint to see what we can and should do,” La Liga sources said.

In a video published by a journalist for ESPN Brasil, and picked up by Spanish media, a boy sitting in a woman’s lap can be heard calling Vinicius a “monkey”.

https://twitter.com/GravesenFumado/status/1764242481984491822

The Brazilian scored twice for Madrid as his team recovered from two goals down at Mestalla on Saturday.

Vinicius raised his fist in a “Black Power” salute after the first of his two goals at a ground where he was racially abused last season. Valencia subsequently banned three people from the stadium for life.

The 23-year-old has become a symbol of the fight against discrimination in Spanish football after suffering racist abuse on many occasions, and he was jeered repeatedly by home supporters on Saturday.

Jude Bellingham was sent off after the final whistle against Valencia for protesting after the referee blew the final whistle right before the England midfielder headed home what he thought was the winning goal.

READ ALSO: Football star Vinicius highlights racist behaviour from Spanish fans

SHOW COMMENTS