29-738: Paulista Futebol Clube , also called as Paulista de Jundiaí or simply Paulista , is a Brazilian football team from Jundiaí , in São Paulo , founded on 17 May 1909. They currently play in the Campeonato Paulista Segunda Divisão , the fifth tier of the São Paulo state league . Home stadium is the Jayme Cintra stadium , capacity 15,000. They play in black, white and red stripes, white shorts and socks. In 1903, Companhia Paulista de Estradas de Ferro ("São Paulo Railroad Company") employees founded Jundiahy Football Club. In 1908, due to
58-430: A bet on its own creditworthiness to conjure up an asset out of thin air. After his arrest, Tanzi reportedly admitted during questioning at Milan 's San Vittore prison that he diverted funds from Parmalat into Parmatour and elsewhere. The family football and tourism enterprises were financial disasters as well, as Tanzi attempted to rival Berlusconi by buying Odeon TV, only to sell it at a loss of about €45 million. Tanzi
87-456: A government-appointment administrator ( commissario ). Enrico Bondi was named commissario . Calisto Tanzi was detained hours after the firm was declared officially insolvent in late December and admitted that there was a hole of €8 billion in Parmalat's accounts, but denied any cover-up. The arrest of five other executives followed. The auditors of the administration eventually determined that
116-499: A subsidiary of French group Lactalis (with fuller control since 2019). Today, Parmalat is a company with a global presence, having operations in Europe , North America , South America , Australia , China , and South Africa . Still specializing in UHT milk and milk derivatives (varieties of yogurt , cheese , butter , ice cream , etc.), the group also sells fruit juices distributed under
145-424: Is an Italian dairy and food corporation which is a subsidiary of French multinational company Lactalis . It was founded by Calisto Tanzi in 1961. Having become the leading global company in the production of long-life milk using ultra-high-temperature processing , the company collapsed in 2003 with a €14bn ($ 20bn; £13bn) hole in its accounts in what remains Europe's biggest bankruptcy. Since 2011, it has been
174-612: The Copa do Brasil 2005 , playing the following matches: Brazilian Football League Teams This is a list of football clubs located in Brazil . The list is sorted alphabetically by state and includes both active and inactive clubs. These football clubs are all associated with the Brazilian Football Confederation . As with many other football leagues, the structure has changed frequently, including its implementation of
203-620: The Galbani , Invernizzi, Locatelli and Cademartori brands in Italy and is controlled by the Besnier family, began to acquire Parmalat shares. Lactalis quickly purchased nearly 30% of the company on the open market and in July 2011, succeeded in its €2.5 billion takeover offer, reaching a control of 80% shares at €2.6 per share. In 2015, revenues reached €6.42 billion and EBITDA €444.5 million. On 27 December 2016,
232-562: The 1980s, becoming listed on the Milan stock exchange in 1990, and expanding further in the 1990s. By 22 April 2002, Parmalat's share price had reached a record and the company was valued at €3.7bn, employing over 30,000 people in 30 countries. The company began to expand and had listed in its portfolio amongst other things: an expansion in the space of a decade from six countries into ownership of ParmaTour (a travel group) and Odeon TV , Parma F.C. , Paulista Futebol Clube and S.E. Palmeiras . In
261-542: The French group, which controls 87.74% of Parmalat, activated the delisting procedure trying to withdraw it from the stock exchange listing. Lactalis prepared to delist Parmalat in 2016, with a buyout offer at €2.8 per share to acquire the remaining 12%, then raised to €3 but eventually failed due to opposition by hedge fund Amber and others. In December 2018, Lactalis was thought to have almost reached 95% shares at an open market price of around €2.85/share and to be about to launch
290-498: The Série A , tying in points with América de Natal and losing only on number of wins, having a bigger goal differential than América and third-placed Náutico. In 2007 , Paulista was relegated back to the Série C. Subsequently, the team failed in keeping itself in the Série C, after a first-phase elimination, but it continued in the Paulista first level until its relegation in 2013. The team
319-493: The banks and auditing firms it sued for negligence and aiding in the fraud of former Parmalat leadership. In 2005, Vicenzi bought from Parmalat the unprofitable bakery plant of Nusco , opened in 1984 for political reasons because it was the home town of Democrazia Cristiana chieftain Ciriaco De Mita . By 2011, Parmalat had grown cash to €1.5 billion. In March 2011, the French multinational Lactalis, which already owns
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#1733093557749348-593: The brand names Lactis, Santal, Malù, and Kyr. Its worldwide operations include almost 140 production centres and some 16,000 employees, with 5,000 Italian dairy farms supplying it. Its shares were listed on the Borsa Italiana . In 1961, Calisto Tanzi , a 22-year-old college dropout, opened a small pasteurisation plant in Parma . Two decades later, the company had grown into a multinational corporation diversifying into milk, dairy, beverage, bakery, and other product lines in
377-449: The company's shares depreciated significantly as a result of the publicised concerns raised over transactions with mutual fund Epicurum , a Cayman-based company linked to Parmalat by November. Ferraris resigned less than a week after the public fall-out and was replaced by Del Soldato. Del Soldato resigned the next month, unable to get cash from Epicurum fund, needed to pay debts and make bond payments totalling at least €150 million. Bonlat
406-500: The debts amounted to €14.3 billion, which was almost eight times the sum originally stated. Several of the company's subsidiaries subsequently went insolvent, including its Brazilian, Argentinian and American operations and its football club in Parma . Tanzi was eventually charged with financial fraud and money laundering . Among the questionable accounting practices used by Parmalat were selling itself credit-linked notes , in effect placing
435-553: The early 1980s, Parmalat was the title sponsor of the Brabham Formula 1 team, and its logotype, prominently displayed on the vehicles, became strongly associated with the team. The company continued as a minor sponsor of other Formula 1 teams in the late 1990s. In 1997, Parmalat expanded into financial markets, financing several international acquisitions, especially in the Western Hemisphere, with debt. But by 2001, many of
464-620: The early 2000s. In 2000, the team pulled a strong performance in the Copa João Havelange 's Green and White Module, reaching the third stage, only missing out on qualification for the module finals in the last round, and in the next year, followed that up with the title of the Campeonato Paulista Série A2 and the title in the Série C . In 2002, the team participated in the last Rio-São Paulo Tournament , reaching 8th place, and in
493-460: The finals. In 2005 , the club won the Copa do Brasil , beating Fluminense in the final. In 2006 , Paulista competed in the Copa Libertadores for the first time, being eliminated in the first stage with one win three draws and two losses, with the one win being a victory over powerhouse River Plate at Estádio Jayme Cintra . In the same year, the club narrowly missed out on promotion to
522-410: The fraud of earlier management at Parmalat. In 2007, Deloitte settled on paying $ 149M to Parmalat. Bank of America, Parmalat's bank in many Special-purpose entities , settled for $ 100M payment to Parmalat in 2009. Grant Thornton International , Parmalat's auditing company, settled after repeated lawsuits for $ 4.4M with Parmalat. The new management at Parmalat recovered about $ 700M in payments from
551-465: The lack of time of its members, Jundiahy Football Club folded. Supporters, sympathizers and players of the defunct Jundiahy founded Paulista Futebol Clube on 17 May 1909. The team made its first participation in the Campeonato Paulista in 1926, in the amateur, LAF-organized championship. Paulista would subsequently participate in all four LAF championships, usually finishing in the lower rungs of
580-576: The new divisions were producing losses, and the company financing shifted largely to the use of derivatives , apparently at least in part with the intention of hiding the extent of its losses and debt. In February 2003, chief financial officer Fausto Tonna unexpectedly announced a new €300 million bond issue. This came as a surprise both to the markets and to the CEO, Calisto Tanzi . Tanzi forced Tonna to resign and replaced him with Alberto Ferraris . According to an interview he later gave Time magazine, Ferraris
609-1474: The same configuration of European leagues in 2003. State championship: Campeonato Acriano State championship: Campeonato Alagoano State championship: Campeonato Amapaense State championship: Campeonato Amazonense State championship: Campeonato Baiano State championship: Campeonato Cearense State championship: Campeonato Brasiliense State championship: Campeonato Capixaba State championship: Campeonato Goiano State championship: Campeonato Maranhense State championship: Campeonato Mato-Grossense State championship: Campeonato Sul-Mato-Grossense State championship: Campeonato Mineiro State championship: Campeonato Paraense State championship: Campeonato Paraibano State championship: Campeonato Paranaense State championship: Campeonato Pernambucano State championship: Campeonato Piauiense State championship: Campeonato Carioca State championship: Campeonato Potiguar State championship: Campeonato Gaúcho State championship: Campeonato Rondoniense State championship: Campeonato Roraimense State championship: Campeonato Catarinense State championship: Campeonato Paulista State championship: Campeonato Sergipano State championship: Campeonato Tocantinense Parmalat Parmalat S.p.A.
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#1733093557749638-497: The second semester, reached the semifinals of the Série B , being eliminated by Fortaleza on a 3-8 aggregate score. However, in the following three years, Paulista wouldn't top these performances, consistently failing in reaching the Second phase, but it would have better successes in the state competitions, where it reached the Finals of the 2004 Campeonato Paulista, losing to São Caetano in
667-564: The state league, Paulista, now under the name of Lousano Paulista , participated in the Campeonato Brasileiro Série C for the first time, reaching the Round of 32. After reaching this round again in the following year , the team would suffer two consecutive first round eliminations in 1997 and 1998 . In 1999, the team, now sponsored by Parmalat, changed its name to Etti Jundiaí . The club would have its period of greatest success in
696-440: The table, with the exception of the 1927 championship, where the team finished in third place. After that, Paulista only returned to the first level in 1969, and stayed there until its relegation in 1978. Paulista would eventually return in 1985, only to be relegated in the following year. In 1993, with the downsizing of the first two levels, Paulista found itself relegated to the third level . In 1995 , after securing promotion in
725-413: The team lost the support of Parmalat and the name of the team became just Jundiaí. In 2003, the team name was changed back to Paulista Futebol Clube . Paulista's stadium is Estádio Jayme Cintra, inaugurated in 1957, with a maximum capacity of 15,000 people. Note: Flags indicate national team as defined under FIFA eligibility rules . Players may hold more than one non-FIFA nationality. Paulista won
754-524: Was a subsidiary of Parmalat set up in the Cayman Islands. Bonlat's bank, Bank of America , then released a document showing €3.95 billion in Parmalat's bank account as a forgery. Tanzi resigned as chairman and CEO. Hundreds of thousands of investors lost their money and would never recover it. Prime Minister Silvio Berlusconi changed bankruptcy laws by decree to allow a company to seek accelerated protection from creditors, by giving extraordinary powers to
783-483: Was sentenced to 10 years in prison for fraud relating to the collapse of the dairy group. The other seven defendants, including executives and bankers, were acquitted. Another eight defendants settled out of court in September 2008. New leadership at Parmalat began investigating and suing Bank of America, Deloitte and Grant Thornton International – the bank and auditing firms that were alleged to have helped in perpetuing
812-401: Was surprised to discover that, though now CFO, he still did not have access to some of the corporate books, which were being handled by chief accounting officer Luciano Del Soldato . He began making some inquiries and began to suspect that the company's total debt was more than double that on the balance sheet. The plan for a €300 million fundraising effort was dropped in September 2003, and
841-406: Was then relegated twice in a row between 2016 and 2017, reaching the fourth level for the first time, until being promoted back to the third level in 2019. Founded as Paulista, the team had various names in the 1990s. In 1995, the name was Lousano Paulista . In 1999, with the support of Parmalat , the name of the team was Etti Jundiaí , since Paulista is the name of a Parmalat competitor. In 2002,
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