Following Parma’s 2-0 defeat to Cagliari at the weekend Panucci met with president Tommaso Ghirardi to ask to be let go from his contract 4 months early.
Panucci cited serious family issues for the reason behind terminating his contract and will also be retiring from the game.
The news comes as a further blow to Parma’s season who are already deep in crisis having picked up a measly 2 points from the last 9 games.
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