Tags: Soccer Club Season.
Parma F.C. endured a season of horror in which the club formerly known as A.C. Parma went into bankruptcy in the middle of the season seeing out the season in order to avoid the chaos it would cause to the league pyramid. The reason for the bankruptcy was the financial fraud of its owner Calisto Tanzi who had embezzled money from his company Parmalat which also went out of business. The club was reformed under its original name as Parma F.C. and finished fifth in the standings.