Italian side Parma docked one point for failing to pay players

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Through 14 matches in Serie A, Parma has only earned six points through two wins and twelve losses.

Now those measly six points have turned into five.

The Italian FA docked Parma one point in the standings after failing to pay player wages, some dating back to November of 2013.

[ RELATED: Serie A standings ]

While the club was docked a point, president Tommaso Ghirardi and director Pietro Leonardi were both banned from football for two months and fined just over $6,000 each.

This is not the first time Parma has been in financial troubles, as the club was deemed insolvent after being unable to pay their taxes in 2004. Last season Parma finished sixth in Serie A and qualified for the Europa League, but were unable to partake in the tournament after failing to pay bills.

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It is unfortunate that the players are punished for something that is completely out of their control, but good news may be coming their way as the club is on the brink of being sold to a Russian-Cypriot conglomerate.

The club’s president Ghirardi confirmed a deal was in place, but would not yet reveal the names of the buyers. The deal would make Parma the third foreign-owned club in Serie A, joining Inter Milan and AS Roma.

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Hopefully when the new owners with bigger pockets step in, Parma’s debts can be paid and the club can focus on turning around their play and surviving relegation into Serie B.