Manchester City’s owners have acquired a majority stake in Italian Serie B side Palermo, making them the 10th club linked to the Premier League champions.
Palmero, who were in Serie A in 2016-17, have won two promotions in three seasons having dropped to the fourth tier after going bankrupt.
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The City Football Group owns 11 clubs. The others are New York City, Melbourne City, Yokohama F Marinos, Montevideo City Torque, Girona, Sichuan Jiuniu, Mumbai City, Lommel SK and Troyes.
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CFG chief executive Ferran Soriano said: “Palermo is a great and historic club with a strong and proud identity.
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