 In June 2017, Chinese businessman Jiang Lizhang's Desports group acquired a 60% majority stake in the club.The seven local businessman who launched the club in 2015 retained 30% of the club, while the remaining 10% remained in the hands of fans through Parma Partecipazione Calcistiche.At the end of October 2018 the local Nuovo Inizio group regained control of the club reacquiring 60% of the shares, with the Chinese partners forced to downsize to 30% in light of alleged lack of diligence in meeting their obligations, while 10% remained unchanged in the public company Partecipazioni Calcistiche.