Parma’s bankruptcy hearing lasted just 10 minutes, and a verdict is expected in the coming hours.
Despite the arrest yesterday of the Ducali’s President, Giampietro Manenti, the hearing went ahead this morning, after Manenti made it clear he would not attend.
The hearing proceeded without incident, and was concluded in just 10 minutes. It had been feared Manenti could force another 60 days grace, but the President has opted not to do so.
Parma’s bankruptcy hearing lasted just 10 minutes, and a verdict is expected in the coming hours.
Despite the arrest yesterday of the Ducali’s President, Giampietro Manenti, the hearing went ahead this morning, after Manenti made it clear he would not attend.
The hearing proceeded without incident, and was concluded in just 10 minutes. It had been feared Manenti could force another 60 days grace, but the President has opted not to do so.
Sky reports that the judge in the case has not yet given a ruling, but a verdict is imminent, with the most likely outcome the bankruptcy of the Emilian side.