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Parma
Following Parmalat's financial scandal in 2003-04, the team announced it was to be bought in 2005 by former Real Madrid chairman Lorenzo Sanz, and was reincorporated at that time as Parma Football Club. However, successively Sanz renounced to conclude the bid. Despite all their troubles, Parma played a fairly good season, led by team stars and managed by head coach Mario Beretta, being able to avoid relegation in advance of four matches to the end of the championship. Beretta left Parma after the end of the season, and Stefano Pioli, from Modena F.C., was appointed as his replacement.
On January 24, 2007, Tommaso Ghirardi was announced as new owner of Parma, following a public auction sale. Ghirardi, a 31-year-old entrepreneur and owner of Serie C2 club Carpenedolo, became also chairman of Parma, ending three years of state-controlled management. On February 12, second-last placed Parma fired head coach Pioli and replaced him with Claudio Ranieri who, against overwhelming odds, managed to avoid the relegation of the team.
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