The pink jersey team will now be part of the City Group.
The Citizen groupthe conglomerate of companies led by Qatari billionaire Sheikh Mansour bin Zayed Al Nahyan, will add a new club to his portfolio: Palermo from Italycurrently in Serie B, as reported by that country’s Sky Sport.
The historic team from southern Italy has sold 80% of the share capital to City in 13 million euros. The remaining 20% will remain in the hands of Dario Mirri, the current owner of the club. all of this would be confirmed at a press conference next week.
Palermo had a relatively recent history in Serie A, until relegation after the 16/17 season. The club strengthened at the beginning of the century when it was acquired by the entrepreneur Maurizio Zamparini. He got promotion to Serie A in 2004 and major footballers like the Uruguayan have gone through the entity Edinson Cavani and the Argentines Javier Pastore Y paolo dibala.
Other Argentines included defender Ezequiel Muñoz, midfielder Mario Santana and attacking midfielder Franco Vázquez. The man from Cordoba, due to his performance at Palermo, was even called up for the Italian national team, with whom he played friendly matches.
Cavani and Pastore in Palermo, in 2010.
Joya, after three seasons at the Sicilian club, was sold to Juventus for 41 million euros.
After losing the category, due to an administrative penalty, he was relegated to Serie D. He managed to move up to Serie C and managed to return to Serie B in the middle of the year.
Pastore, play for Palermo vs. Rome, in 2013
Some media outlets have estimated Zayed Al Nahyan’s fortune at $ 20 billion. When he bought Manchester City in 2008, he paid € 250m.
Dybala in Palermo, in 2015.
The other members of the group
Manchester City (England).
New York (United States)
City of Melbourne (Australia)
Montevideo City Torque (Uruguay)
Yokohoma Marine (Japan)
Girona (Spain),
Sichuan Jiuniu (China),
Mumbai City (India)
Lommel SK (Belgium)
Troyes (France).
Source: Clarin
