The dispute between Parma FC SpA and VFL Wolfsburg revolves around unpaid transfer fees for a football player, as stipulated in a 2009 agreement. Parma agreed to pay Wolfsburg €2,000,000 in three installments but failed to meet the deadlines, prompting Wolfsburg to file a claim with FIFA in 2011. Parma acknowledged the debt but cited financial difficulties, including the Serie A league's failure to distribute television rights income and broader economic challenges, as reasons for non-payment. Despite proposing alternative payment schedules, Parma continued to default, leading Wolfsburg to amend its claim to include the full outstanding amount of €1,251,956.30. In August 2012, FIFA’s Single Judge ruled that Parma must pay €1,225,000 within 30 days, plus 5% annual interest, rejecting financial hardship as a valid excuse for non-compliance. Parma appealed to the Court of Arbitration for Sport (CAS), requesting a revised payment plan of ten installments totaling €925,000. Wolfsburg opposed this, arguing that Parma had not provided sufficient justification to alter the original agreement and highlighted Parma’s continued financial commitments to new player transfers despite its claimed hardships. The CAS upheld FIFA’s decision, emphasizing the principle of pacta sunt servanda (agreements must be honored) and stating that financial difficulties do not absolve contractual obligations. The tribunal also clarified that it lacked the authority to impose a new payment schedule without Wolfsburg’s consent. The final ruling required Parma to pay the full outstanding amount with interest, dismissing the appeal and reinforcing the importance of adhering to contractual terms in football transfers. The case underscores that clubs cannot unilaterally modify payment terms due to financial struggles unless the creditor agrees. The CAS decision affirmed Wolfsburg’s right to the full payment, rejecting Parma’s proposed installment plan and upholding the original FIFA ruling in its entirety.