Parma have confirmed that they are leaving Juventus in order to sign a new player for next season.
The news comes after the Bianconeri confirmed that their squad will depart this summer.
The departure of Parma will see Juventus lose around $1.8m in revenue, while Juventus will see the squad pay around $2m.
“We will continue to operate as normal,” Juventus said in a statement.
“Parma is a fantastic club and we have enjoyed our association with them for many years.”
The club will continue with its work, as always, to build a great club.
“In addition to Juventus, the Parma squad also includes Inter Milan, AC Milan, Napoli, Sevilla, Udinese, Udine and Udinese defender Alessandro Del Piero.