Milan: Former Uefa Cup winners Parma have earned a Serie B berth next season, two years after bankruptcy led to demotion to the Italian fourth division.

Parma - winners of the second-tier European competition in 1995 and 1999 - won Saturday’s play-off against Alessandria 2-0 in Florence.

It was the second consecutive promotion for the club who finished sixth in Serie A in 2014 but could not play in Europe the following season because of financial fair-play rules.

The cash-strapped side finished bottom in Serie A in 2015 and was declared bankrupt in March that year with club president Giampetro Manenti jailed.

In July 2015 Parma Calcio 1913 was created and admitted into the Italian fourth division.

Parma once had some of the best players in the world playing for them. Former Parma players include Gianluigi Buffon, Fabio Cannavaro, Lillian Thuram, Juan Sebastian Veron, Hernan Crespo and Gianfranco Zola.