Man Metropolis Homeowners To Purchase New Membership

Manchester Metropolis’s homeowners are set to finish a deal to purchase Italian membership Palermo, based on Objective.

The Metropolis Soccer Group (CFG) have held discussions with the Serie B membership about turning into the eleventh membership of their portfolio.

Palermo went bankrupt in 2019, earlier than being reformed as a phoenix membership within the fourth-tier of Italian soccer.

Regardless of enjoying in Serie C, the membership attracted 31,000 spectators for his or her end-of-season play-off matches in Might and June.

The acquisition of 80 % of the membership shares will price between €12 million and €13 million.

Manchester Metropolis are the flagship membership within the group, which has 11 groups on 4 continents together with MLS facet New York Metropolis FC.

CFG’s different golf equipment are Girona in Spain, Troyes in France and Lommel in Belgium.

In addition they personal Australian membership Melbourne Metropolis, Montevideo Metropolis Torque in Uruguay, Mumbai Metropolis in India and Sichuan Jiuniu in China in addition to being a minority shareholder of Japanese membership Yokohama F. Marinos.