The Rebirth Of Palermo FC And Its Impending Financial Takeover
For the majority of its history, Palermo FC has bounced between the top two divisions in Italy and has given many great stars their big break. After a financial meltdown, demotion and subsequent rebirth, the club now finds itself back in the second division and, potentially, under new ownership.
Look what it means to the most historic side in southern Italy - Palermo.
Once in Serie A, expelled to Serie D due to financial issues + formed new phoenix club. Now back up to Serie B from Serie C.