{"id":109523,"date":"2017-11-16T19:22:59","date_gmt":"2017-11-16T19:22:59","guid":{"rendered":"https:\/\/www.lca-redesign.digitalculturehub.com\/lca-signs-the-transfer-of-parma-calcio-to-the-chinese-of-desports\/"},"modified":"2022-02-17T13:33:03","modified_gmt":"2022-02-17T13:33:03","slug":"lca-signs-the-transfer-of-parma-calcio-to-the-chinese-of-desports","status":"publish","type":"post","link":"https:\/\/www.lcalex.it\/en\/lca-signs-the-transfer-of-parma-calcio-to-the-chinese-of-desports\/","title":{"rendered":"LCA signs the transfer of Parma Calcio to the Chinese of Desports"},"content":{"rendered":"<p>The deal was signed yesterday evening in Parma, at the notary Almansi\u2019s office, thus making the market share of Parma Calcio held by Desports rise up to 60% after almost a year of negotiations.<\/p>\n<p>The\u00a0transaction started before the Summer, when the Chinese of Desports \u2013 a leading company in the international sport marketing sector and shareholder of Granada CF, Minnesota Timberwolves and Chongqink Dandai Lifan F.C. \u2013 had entered the share capital of the club by signing a capital increase dedicated to them. Yesterday they then acquired the total control of the football club from Nuovo Inizio, an investee SPV in which some important entrepreneurs in Parma hold shares.<br \/>\nThe Italian Consortium which saved and brought back the club to the professional football will still be present with a significant minority block of shares.<\/p>\n<p>The founder and CEO of Desports, Mr. Jiang Lizhang, was nominated President of the Club upon conclusion of the transaction.<\/p>\n<p>LCA Studio Legale, with a team lead by Mr. Andrea Messuti and supported by Mr. Giuliano Proietto, together with Mr. Michele Belli of the homonymous law firm in Parma, have assisted Nuovo Inizio and the football club in the negotiation of the investment agreements, in the structure of the future governance and in all the other regulatory and authority aspects involved in the transaction.<\/p>\n<p>The Chinese of Desports were assisted by the Shanghai team of AllBright Law Office.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The deal was signed yesterday evening in Parma, at the notary Almansi\u2019s office, thus making the market share of Parma Calcio held by Desports rise up to 60% after almost a year of negotiations. The\u00a0transaction started before the Summer, when the Chinese of Desports \u2013 a leading company in the international sport marketing sector and [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":10049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2882],"tags":[],"industry":[2118],"desk":[],"tipologia":[],"persone":[],"practice":[],"your_legal_counsel":[],"class_list":["post-109523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","industry-sport-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LCA signs the transfer of Parma Calcio to the Chinese of Desports | LCA Studio Legale<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lcalex.it\/en\/lca-signs-the-transfer-of-parma-calcio-to-the-chinese-of-desports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LCA signs the transfer of Parma Calcio to the Chinese of Desports | LCA Studio Legale\" \/>\n<meta property=\"og:description\" content=\"The deal was signed yesterday evening in Parma, at the notary Almansi\u2019s office, thus making the market share of Parma Calcio held by Desports rise up to 60% after almost a year of negotiations. The\u00a0transaction started before the Summer, when the Chinese of Desports \u2013 a leading company in the international sport marketing sector and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lcalex.it\/en\/lca-signs-the-transfer-of-parma-calcio-to-the-chinese-of-desports\/\" \/>\n<meta property=\"og:site_name\" content=\"LCA Studio Legale\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-16T19:22:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-17T13:33:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lcalex.it\/wp-content\/uploads\/2017\/11\/logoparmacalcio2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"693\" \/>\n\t<meta property=\"og:image:height\" content=\"847\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"LCA Studio Legale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" 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