There are remarkable reports Parma President Giampietro Manenti’s company emptied their bank accounts on Thursday.

The patron had repeatedly promised fresh funds would come in by last Monday’s deadline, but there is still no sign of the money.

The local authorities have begun bankruptcy proceedings with a hearing to be held on March 19.

Now TV Parma and La Gazzetta dello Sport claim the Slovenian bank account for Manenti’s company, Mapi Group, was emptied out and closed on Thursday.

There are remarkable reports Parma President Giampietro Manenti’s company emptied their bank accounts on Thursday.

The patron had repeatedly promised fresh funds would come in by last Monday’s deadline, but there is still no sign of the money.

The local authorities have begun bankruptcy proceedings with a hearing to be held on March 19.

Now TV Parma and La Gazzetta dello Sport claim the Slovenian bank account for Manenti’s company, Mapi Group, was emptied out and closed on Thursday.

It was opened on April 10 2013 at the Raiffeisen Banka D.D.

They also insist Manenti was nowhere to be seen in Parma today and is not answering his phone.

Their planned game with Udinese on Sunday was called off because the club did not have the money to pay for stewards and security staff at the Stadio Tardini.

Meanwhile, the Lega Serie A released a statement confirming that if Parma do go bankrupt before the end of the season, all results earned so far will stand.

Every future fixture that won’t be played will end with an automatic 3-0 victory for Parma’s opponents.

The statement attempted to explain the strict controls on club finances and assured the books were balanced up to June 2014.

However, since then nobody at the club has received their wages.

Today youth team Coach Hernan Crespo revealed the extent of the situation with no cleaning staff or electricity for hot showers.

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