Italian club Palermo go bust with new 'phoenix club' to continue legacy in Serie D, London Evening Standard

Italian club Palermo have been declared bankrupt and have gone out of business, it was announced on Friday.

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Palermo sold for just £8.75 as 'London-based' company snap up Serie B side

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Italian club Palermo go bust with new 'phoenix club' to continue legacy in Serie D, London Evening Standard

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