Ishak Belfodil has mutually terminated his Parma contract, waiving his claim to this season’s unpaid wages.
The Ducali have been declared bankrupt, and have not paid the squad all season. With a crippling sporting debt, it’s is unclear whether the relegated side will be able to play in Serie B next season.
Algerian striker Belfodil is one of the club’s highest earners, but has waived his claim to his €700,000 per season salary.
Ishak Belfodil has mutually terminated his Parma contract, waiving his claim to this season’s unpaid wages.
The Ducali have been declared bankrupt, and have not paid the squad all season. With a crippling sporting debt, it’s is unclear whether the relegated side will be able to play in Serie B next season.
Algerian striker Belfodil is one of the club’s highest earners, but has waived his claim to his €700,000 per season salary.
“Ishak Belfodil and Parma FC today terminated by mutual consent the contract which would have kept him at the club until June 2018,” the club announced on its official website.
“With the termination, the player waives all claims against the club Parma FC, with regard to both the pre-bankruptcy period, and in terms of wages earned but not paid in the interim year.
“The club thanks Ishak Belfodil and offers good wishes for the rest of his career.”