Palermo Football Club has new ownership: City Football Group has acquired 80% of the club. On July 4, the confirmations of the activities of the directors who were able to, along the way, entrust the training to Baldini and climb a category were released. The new era of Palermo has begun and the fans are enthusiastic. City Football Group, a company owned by an investment vehicle of Sheikh Mansour, has acquired an 80% stake in Palermo Football Club S.p.A. The remaining 20% remains owned by the current sole shareholder Hera Hora S.r.l., a company linked to Dario Mirri, who will remain president of the club. The operation involved DLA Piper, Alvarez & Marsal, and Pirola Pennuto Zei & Associati alongside City Football Group and Allen & Overy alongside the shareholder of Palermo Football Club S.p.A. and Hera Hora S.r.l. DLA Piper assisted City Football Group with a multidisciplinary team led by partners Piero Carbone and Goffredo Guerra. They, assisted by Lawyer Barbara Donato and with the support of lawyers Stefano Montalbetti and Paola Grillo and Silvia Lazzaretti, took care of all the corporate aspects of the operation. We are now going to verify some details beyond the first statements and the formal, organizational things. The new ownership of Palermo means a new beginning for the team and the fans are eager to see what the future will bring. The club has a long history and a great passion and with the new ownership, it is hoped that they will be able to return to the top of Italian football. The team is ready to start the new season and the fans are ready to support it. Palermo is a team with a great tradition and with the new ownership, it is hoped that they will be able to be competitive again. The new era of Palermo has begun and we are eager to see what the future will bring. And so, the fans are waiting to see what the new season will bring. But for now, they are just enjoying the moment. So, the new ownership of Palermo is a positive thing for the team and the fans.