A new history

In July 2022 City Football Group has acquired a majority stake in Palermo F.C. Sicilian and life-long fan Dario Mirri remains as Club President and Chairman of the Board of Palermo F.C.

Ferran Soriano, Chief Executive of City Football Group, said:

“Palermo is a great and historic Club with a strong and proud identity. We will work with Dario Mirri to continue his outstanding work to grow Palermo sustainably over the years ahead. This is a very special club, and our role will be to add value to all of the things which make it so special and steadily improve performance on and off the pitch, using our experience and know how. Italy is one of the world’s most exciting and passionate football countries, with a rich history of national team and club’s success, passionate supporters and a track record of fantastic footballers. We are delighted that City Football Group has extended its presence in Italy”.

Dario Mirri, Chairman of Palermo F.C., added:

“We are so very happy to welcome City Football Group to Palermo. We wanted to find the right investor with a deep knowledge of football to help to continue to take us forward. We have that in CFG. We agreed the investment before the end of the season so we know we have a partner which is committed to growing Palermo in the right way. I am excited to continue to work alongside CFG. They understand and respect the culture and traditions of our Club. We are embarking on a project together which I know all of our fans will be proud of”.

About City Football Group

City Football Group (CFG) is the world’s leading private owner and operator of football clubs – with 13 football clubs across five continents within the CFG family. 

 Established in May 2013, the CFG approach ensures that every club remains authentic to its fans and community, plays entertaining football and benefits from being part of a global organisation that applies the world’s best expertise on and off the pitch.  

 CFG pioneers and delivers a consistent underlying approach to talent development, fan experiences, sports entertainment, commercial opportunities and community impact. Over 400 partner organisations are central to the CFG model and a commitment to positively shaping the future of football. More than one billion followers worldwide support and connect with their CFG clubs.  

 CFG clubs include Manchester City FC, New York City FC, Melbourne City FC, Yokohama F. Marinos, Montevideo City Torque, Shenzhen Peng City FC, Mumbai City FC, Lommel SK, ESTAC, Palermo FC, Bahia, and partner club Bolívar. Starting from 1 July 2024 – 30 June 2025, CFG’s shareholding in Girona FC has been put into an independent blind trust to ensure compliance with UEFA rules and regulations.

CFG is majority owned by Newton Investment and Development LLC, wholly owned by His Highness Sheikh Mansour Bin Zayed, with a significant minority shareholding held by US-based global technology investment firm, Silver Lake (nearly 18%).