Parma F.C.

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Claudio Ranieri (2007 photograph) managed Parma during the latter half of the 2006–07 season.

More recently, Parma's financial troubles have limited the club's ambitions. These were brought about in late 2003 by the Parmalat scandal which caused the parent company to collapse and resulted in the club operating in controlled administration until January 2007. The club has traditionally played attractive football and developed players through the club's academy. Despite the recent downturn in success, the club is an associated member and one of eight Italian clubs that are part of the European Club Association, a representative collection of Europe's most elite clubs, formed after the dissolution of the G-14.

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