Preheat oven to 350 degrees
In a large bowl pour milk over bread and let soak for several minutes
Add the Parmesan cheese, season salt, pepper and parsley to the bread mixture
Add the ground beef and beaten egg
Combine ingredients with hands and form into loaf
Place bacon slices over the top of the loaf
In a small bowl mix ingredients together
Pour half of the tomato sauce over the loaf
Bake for 45 minutes
Pour remaining half of tomato sauce over loaf and continue baking for additional 20 minutes
Let rest for 15 minutes before slicing