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Palermo Sold for £8.75

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Former Arsenal midfielder David Platt is involved in the project which has seen Italian club Palermo bought by a UK technology company for €10 (£8.91).

In an open letter to supporters last week former owner Maurizio Zamparini announced he had sold the Sicilian side, who are currently top of Serie B, for a "symbolic price" to new London-based owners Futures Sports & Entertainment.

Platt, who won 62 caps for England, also played for Bari, Juventus and Sampdoria and is now set to work as a technical consultant at Palermo.

"I arrived here today (on Tuesday), but I am not sure what I will be doing here in the future. At the moment I'm just helping out," he said at a press conference.

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