Friday February 20th, 2015

Parma FC's Sunday Serie A match against Udinese has been postponed due to Parma's financial troubles, according to BBC.

Parma has has not paid its players or staff all season and is in over €100 million ($114 million) in debt, according to The club's Friday training was also canceled due to finance issues. 

Club captain Alessandro Lucarelli said patience among the players in regards to not getting paid is wearing thin, and that "time is running out." 

"We've had a meeting with the president and what has emerged is the difficulty in bringing the money to Italy," Lucarelli said.

"He has reiterated that he will try to give us some guarantees in the next 24 hours. But our patience has a limit. We are a united group and we have given the club an ultimatum."

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The Italian Football Federation (FIGC) gave a statement on the cancelation of the match following a meeting Friday. 

"Having spoken to the Italian Players' Association and Italian Coaches’ Association, who expressed the problems both squads and coaches had in playing behind closed doors, plus the Mayor of Parma, and in agreement with the Lega Serie A, we made this decision," an FIGC statement read.

Parma is currently at the bottom of the Serie A table with 10 points in 23 games. 

- Jack Jorgensen

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