Parma have announced that no offers have been received to buy the bankrupt side after a third auction was completed.
The Crociati have been relegated from Serie A and declared bankrupt, and it has emerged today that the club has failed to attract any bidders to meet the asking price of €11.25m.
“At 12pm today, May 18 2015, no binding offer for the purchase of Parma has been delivered to the notary Giulio Almansi,” read a club statement.
“The new deadline for the submission of offers is set for May 22.”
Parma have announced that no offers have been received to buy the bankrupt side after a third auction was completed.
The Crociati have been relegated from Serie A and declared bankrupt, and it has emerged today that the club has failed to attract any bidders to meet the asking price of €11.25m.
“At 12pm today, May 18 2015, no binding offer for the purchase of Parma has been delivered to the notary Giulio Almansi,” read a club statement.
“The new deadline for the submission of offers is set for May 22.”
The price for the next auction will be lowered by 25%, meaning the starting price now stands at €8.4m