
Following the purchase of Serie B club Palermo by the City Group, Manchester City’s chief executive officer Ferran Soriano briefly talked about the vision for the historic Italian side, including a possible Pep Guardiola managerial appointment. The City Group was unveiled as Palermo’s major stakeholder on Monday.
In a press conference, Soriano said, “He [Guardiola] asked if it’s sunny in Palermo. Perhaps, he will work here one day. He knows everything we do, and he knows Italian football well. Like the others, he is excited about the deal.”
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On the takeover, the CEO added, “Palermo is a great historic club with a strong and proud identity. We will work with Dario Mirri to consolidate his extraordinary work, aiming at Palermo’s sustainable growth over the next few years. We are delighted that the City Football Group has extended its presence in Italy. We have a budget which should allow us to remain in Serie B and have a chance to get promoted to Serie A.”
Palermo is a historic Italian club that was founded in 1900. After being in Serie A mostly, the club was relegated to Serie B in 2018 amid financial difficulties. A takeover by the City Group, which now owns 11 football clubs, could change the team’s fortune moving forward.
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