Football

Football - Chinese investor to buy 60 percent share of Parma

FILE PHOTO: The Parma football club logo is pictured at the entrance of the Ennio Tardini stadium in Parma, March 6, 2015. REUTERS/Stefano Rellandini

MILAN (Reuters) - Chinese businessman Jiang Lizhang has agreed to buy a 60 percent stake in Italian side Parma, who have just been promoted to the second tier, the club said on Wednesday.

Parma also announced that former Argentina forward Hernan Crespo, who played for the club between 1996 and 2000 and returned in 2010 to end his career there, would become a vice-president.

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