City Football Group bought Palermo

The City Football Group is a company that manages football clubs in the world. He owns several clubs such as Manchester City, Girona, New York City FC, among others. Now, Palermo is added to the list, a club that had to disappear in 2019 due to lack of money in the institution, a large part of its shares was bought by the investment group that cost 13 million euros. Players such as Paulo Dybala, Javier Pastore, Edison Cavani, Franco Vázquez, Andrea Belotti, among many others, participated in the “Rosanero” team.

"Palermo is a great and historic club with a strong and proud identity. We will work to make Palermo grow sustainably in the coming years. This is a very special club and our role will be to highlight everything that makes it so special", commented Ferran Soriano, executive director of the City Group. In turn, the president of the Italian club, Darío Mirri said: “We are very happy to welcome City Football Group to Palermo. We wanted to find the right investor and we have. We have a partner committed to the growth of Palermo."