MILAN (Reuters) - Parma became the latest Serie A team to come under U.S. ownership when they were taken over by the Krause Group on Friday, the club said in a statement following a deal signed in Milan.
The group bought a 90% stake in Parma who won three major European trophies during their heyday in the 1990s, were declared bankrupt in 2015 and returned to Serie A in 2018.
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