Premier League
Man. City

Manchester City will have a 'brother' in Italy

BeSoccer 7 months ago 2k
Palermo on the verge of joining the 'City Group'. AFP
Palermo on the verge of joining the 'City Group'. AFP
City Football Group, the conglomerate that includes Manchester City among many other clubs, will buy Italian Serie B side Palermo.

'The Athletic' reports that City Football Group is to become the owner of Palermo FC, who play in Italy's Serie B. The deal will be finalised in the coming days.

Palermo would join a list of clubs that currently includes Manchester City, Troyes, Girona, New York City, Melbourne City, Montevideo City, Mumbai City, Lommel SK, Sichuan Jiuniu and Yokohama Marinos.

Owned 78% by the Abu Dhabi United Group, the 'City Group' was led by Ferran Soriano with the aim of creating a global commercial entity.

It will be a historic acquisition for the club's entity. Palermo re-formed in 2019 starting in Serie D and, three years later, they are already in the second tier of Italian football.

It should also be remembered that Palermo had in their ranks players of the calibre of Barzagli, Kjaer, Ilicic, Pastore, Dybala, Cavani and Belotti.