City Football Group (CFG), the owners of Manchester City, are hoping to add an 11th club to their resume.
Besides City, they already own Girona, New York City, Melbourne City, Troyes, Lommel, Montevideo City Torque, Mumbai City and Sichuan Jiuniu, while also holding a 20 per cent stake in Japanese club Yokohama F. Marinos.
The group were on course to take over Dutch outfit NAC Breda before a deal fell through amid backlash from fans. Supporters felt their club would be turned into a loan haven for players and thus lose its identity.
READ MORE: Pep Guardiola knows Man City's most important signing of summer after surprise exit
But now, CFG are hoping to complete the £5m purchase of historic Italian club Palermo. They were promoted to Serie B recently after winning their Serie C play-off.
This follows the club being relegated to Serie D in 2019 after going bankrupt. Palermo will be backed to secure a return to Serie A next season. But even so, president Dario Mirri is prepared to sell up to 80 per cent of his club.
READ ALSO
