Man City owners buy Palermo as City Football Group portfolio expands to 12 clubs - Manchester Evening News

City Football Group have added a 12th club to their portfolio, acquiring a majority stake in Italian side Palermo.

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Tifosy on X: City Football Group's recent acquisition of #Palermo means that #CFG now own or part own 11 clubs on 5 different continents. Since 2014, CFG has purchased two new clubs