Real Madrid linked with Parma takeover

Real Madrid president Florentino Perez has been linked with a takeover of Serie A Parma.

The Tardini side has lost its main financial backers Parmalat following the financial irregularities scandal that saw former President Calisto Tanzi arrested last year and the bankruptcy tribunal is advertising for new investors.

A Chinese conglomerate has shown an interest, but new reports in the Peninsula suggest that Real Madrid could use Parma as a feeder club.

Former Parma technical director Arrigo Sacchi is now general manager at Real Madrid and its been suggested Italian agent Ernesto Bronzetti is acting as an intermediary between the two clubs.