In the past, this team had such stars as Paulo Dybala or Javier Pastore among its ranks, but even the overflowing money could not save the club from extinction.
It has been officially announced that an Italian court has granted prosecutors' request to liquidate the "Palermo" team, which in this century managed to finish fifth in the "Serie A" championship three times and reach the country's cup final in 2011.
It is said that the former team owner's son Andrea Zamparini offered 10 million euros to cover the accumulated debts, but it was found that this amount was too small.
Due to insolvency, "Palermo" was removed from the 2019-2020 "Serie B" competition, and its successor will try to become the "SSD Palermo" team, starting its battles in the "Serie D" championship.
