Ballotta was in top form during 1992–93, as Parma won the UEFA Cup Winners' Cup and finished third in the league. However, his momentum did not continue into the next season and he only made three league appearances. He did start both legs in the team's 2–1 aggregate win over A.C. Milan in the UEFA Super Cup, but was benched in favor of Luca Bucci for the 1993–94 Cup Winners' Cup, as Parma reached the final for the second consecutive year, only to be defeated by Arsenal.