OFFICIAL CHINESE TAKEOVER ANNOUNCED
The announcement was made at a press conference today by Vice-President Ferrari:
June 21, 2017
official confirmation has come today that from the first week of July, the Chinese group Desport and its president, Jiang Lizhang, will acquire 60% of Parma shares as the company prepares for life in Serie B, becoming the new majority shareholder. 30% will remain in the hands of the seven local entrepreneurs who in the summer of 2015 rebuilt the company after bankruptcy, 10% for the next five years will remain in Parma Talent Equity, the widespread fan base. Hernan Crespo, will be one of the two Vice-Presidents in the Board of Directors, consisting of nine members, five of the Desport, three of the New Beginning and one of the Ppc.
THE NEW PROPERTIES - Official confirmation arrived at the press conference held at Collecchio Sports Center by Vice President Marco Ferrari. "We have been able to maintain our intentions so far, but when it comes to professional football and more and more competitive, we believe we should have a majority shareholder able to take solutions in a matter of seconds. We have spent so many months looking for a functional setup with A majority shareholder we did not manage to find inside. There have been a number of positive meetings with Chinese entrepreneur Jiang Lizhang, well-known in the country and chairman of Desport, who deals with sports rights related to sports, sporting events In the strict sense and already in the world of football and the NBA. This is a serious, reliable and willing to invest in Parma that has a certain appeal in Asian markets since the 1990s. "
"CONTINUITY -" The deal - added Ferrari - respects the timeshare principle, where minorities are protected and the expression of parmesanism. 0%, in the first week of July the Desport group will reach 60% and that will be the definitive one. " To start a new era, in any case, by the delegate manager Carra, ds Faggiano and the coach D'Aversa. "There will be continuity at the technical and managerial level, and we are honored that Jiang Lizhang has chosen Parma to invest in football. It is a great opportunity for the city and team that in the future could culminate unpublished ambitions over the past fifteen years." For sure, Marco Ferrari will not remain as vice president. "They've been two and a half years very intense, my job, beyond the sports results, is over and I think it's ok to leave room for new skills."