The Gialloblu stated on their official website on Tuesday afternoon that the Italy ace would be departing the Tardini this summer, but have now backtracked on that claimParma have denied that Sebastian Giovinco has rejoined Juventus - just a matter of hours after announcing the attacker's return to Turin.
The Italy international's agent revealed early on Thursday that the Gialloblu had agreed to sell their 50 per cent stake in the player back to the Bianconeri, who co-own the attacker.
The transfer was later 'confirmed' on Parma's website but the club have now issued a second statement on the matter, insisting that no deal has been struck for the forward.
“Parma announce that contrary to what appeared for a few seconds on their official website, they have not reached an agreement with Juventus for their share of Sebastian Giovinco," read the post.
"Fcparma.com apologises for the incorrect statement.”
Giovinco is a product of Juve's youth system but after struggling to nail down a regular berth in the first team, the Turin native was loaned to Parma ahead of the 2010-11 Serie A season.
After a successful debut campaign at the Ennio Tardini, the Gialloblu then enacted their right to acquire half of Giovinco's registration rights the following summer.
The 25-year-old enjoyed an even more productive second season with Parma and his future has been the subject of much debate in recent weeks, with both Inter and Napoli also having been linked with the Azzurri ace.