Manchester City fans have been reacting to a post on Twitter which relays a report that claims Palermo and the City Football Group are now close to a deal.
Widely known as the CFG, the football group currently owns significant stakes in football clubs in all of England, Spain, France, Japan, the USA, Uruguay, the Netherlands, Belgium, Australia, India, and China.
There have been many stories recently about Manchester City’s owners wanting to buy a Brazilian club, and now it seems the next club to join their ranks could be Palermo.
It was reported in April that Palermo have been approached by City Football Group for a potential investment opportunity.
Sky Sport Italia transfer expert Gianluca Di Marzio reported last month that the sale of Italian side Palermo to the City Football Group is proceeding well, and there are positive signs around the completion of a deal.
According to an update from the same Sky Sport Italia transfer expert, Palermo, who have just earned promotion into Serie B, are now on the verge of completing a takeover from City Group.
Gianluca Di Marzio adds that there is confidence on the part of both sides that the sale of the Italian club will be completed.
The Journalist claims the cost of the operation is believed to be €13m plus circa €2m in add-ons and performance-related bonuses, based on promotion to Serie A.
If the deal goes through, CFG will become owners of their 12th club but the first Italian side. President Dario Mirri is prepared to sell 80 per cent of his shares which would cost €6million (£5m).
The report was shared on Twitter by City Xtra and it attracted plenty of attention from some Man City supporters.
“We’re actually gonna run world football. Inject 💉”
Credit: @citehxen
“We’re buying a club in every country.”
Credit: @ERLINGOLOGY
“In the next five years, Palermo will win Italy Serie A trophy. Mark this”
Credit: @stillgroot
“Taking over the word 😎”
Credit: @xCitizenG
“Let’s gooo”
Credit: @Punchill0city
“GLOBAL DOMINATION!🔵.”
Credit: @MCFCTone
“We’re going to have a club in every country by 2028”
Credit: @JamesRMullaney
“Going to send all the top players from Torque and Argentine talent there”
Credit: @GoodKidManCity
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