Serie B side Palermo sold for £8.75 to London-based company | Football News |

Serie B side Palermo sold for £8.75 to London-based company | Football News |

Serie B side Palermo sold for £8.75 to London-based company | Football News |

Maurizio Zamparini has sold Palermo for the “symbolic price” of €10 (£8.75)

Serie B side Palermo have been sold to a “London-based company” for €10 (£8.75), the outgoing owner Maurizio Zamparini has announced.

The 77-year-old Italian businessman bought Palermo in 2002, but last year stepped down as the club’s president.

Zamparini, who made over 40 managerial appointments during his time in charge, said he had sold the club for a “symbolic price”.

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