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The player risked a lengthy ban if the matter was taken to FIFA, but the Serie A sides opted to sort it out between themselves.
"We have found a solution," explained Parma technical director Andrea Berta. "Presidents Tommaso Ghirardi and Maurizio Zamparini discussed it and clarified the situation.
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"We have torn up our pre-contract with De Melo and in June he will be registered with Palermo. In January 2009, the Sicilians will sell us 50 per cent of his contract."
Source: C4 Football Italia
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