City Football Group CEO Ferran Soriano said in a document at the end of 2022 that the holding company arrived in Italy this summer to buy Palermo, highlighting the medium and long-term goals of the Rosanero club: “When City Football Group was founded in 2013, we had a goal achieve this exciting and offensive style of beautiful football and develop the best football talents in the world. We are very pleased with our progress. Over the past five seasons, we have won the major leagues in six countries and achieved promotion to the major leagues with three teams, winning a total of 23 trophies. We have interesting players and talented coaches from different nationalities who move from one team to another and share a passion for the football we play and for our methodology. What started as a dream has now become a reality challenge. And we do not stand still, we are still looking for new opportunities. In July 2022, we welcomed into the group the Italian team of Palermo, a great historical club for which we have big projects. – concludes Soriano, assessing the economic growth of the group. “From a commercial point of view, this was the first season in which we were able to start to overcome the financial impact of the Covid pandemic, and we did so by breaking club records. both in terms of revenue and profit. Our strong performance has been driven by the ‘beautiful football’ we play and the continuous growth of fans it generates: more fans, more spectators, more people in the stadium and more partners who want to be connected commercially.”
Source: Tutto Mercato Web
I’m Todderic Kirkman, a journalist and author for athletistic. I specialize in covering all news related to sports, ranging from basketball to football and everything in between. With over 10 years of experience in the industry, I have become an invaluable asset to my team. My ambition is to bring the most up-to-date information on sports topics around the world.
