Palermo have been through it. The club have been bankrupted twice, three former presidents have passed away since 2022, and they were relegated to Italian football’s fourth division due to financial mismanagement. Now, things are finally starting to look up.
By Alex Roberts
On the pitch, in the stands and the boardroom, Palermo have always been chaotic. Unfortunately, it caught up to them in 2019, with the club going into liquidation and originally relegated to Serie C before it was then ruled a demotion to Serie B would be sufficient.
Sounds bad, right? Well, it gets worse. Unable to pay the remigration fee for Italy’s second flight, Palermo went under and were resurrected as a ‘phoenix club’, technically named SSD Palermo, although they made sure to stick with the iconic pink kit.

It was devastating. Palermo is a one club city, young fans are taught to love the club by those generations who came before, insisting that the fact they have never won a major trophy matters little to the community that’s been built.
They’ve come close on a couple of occasions, most notably losing the 2011 Coppa Italia final to Inter Milan, back when they had the likes of Josip Iličić, Fabrizio Miccoli and Javier Pastore on their teamsheet.
As the dust settled, the reborn club got back to business and the fans came out in numbers, setting a Serie D attendance record of 17,000, which still stands today. They were promoted to Serie C at the first time of asking in 2019/20.
Two seasons in Serie C flew by, and after Palermo managed to earn promotion back to Serie B in 2022, everything changed. City Football Group flew in and bought an 80% stake in the club for a reported £11.2 million.
That does put somewhat of a dampener on this being a true underdog/rags to riches kind of stories, but it’s the way of the world. Multi-club ownership won’t be going away any time soon, and so long as they have a club to support, Palermo fans will be happy.
Credit where it’s due, City Football Group have calmed the boardroom chaos, don’t worry, it’s still there on the pitch and in the stands. They haven’t gone full BlueCo, throwing mud at the wall and hoping some of it will stick, they’ve taken a more measured approach.
That doesn’t mean money hasn’t been spent. Palermo have a positive net spend of €44.14 million since the takeover, meaning they’ve spent more money on players than they’ve brought in by a considerable margin.
All of that investment is really starting to pay off this season. An eighth-place finish and a play-off loss to Juve Stabia in 2024/25 lit a fire under Palermo, and they’re now well placed to potentially push for automatic promotion.

Ex- Parma, Juventus, and AC Milan striker Filippo Inzaghi, brother of former Inter Milan boss Simeone, was appointed last July. He now has Palermo in fourth on 61 points, four off Monza in second and nine above Catanzaro in fifth.
For those that have had even a passing interest in Italian football, it should be unsurprising that Palermo play a back three. Now, that in and of itself isn’t necessarily an issue, but given recent development with the Italian national team, it could be seen as outdated.
As a player, Inzaghi was known for playing right on opposition defensive lines, Sir Alex Ferguson once famously described him as “born offside.” It’s clear as day that he’s instructed his defenders on how to prevent forwards from slipping in behind. As a manager, Inzaghi has become a Serie B promotion expert, having lead Venezia, Benevento, and Pisa all back to the promised land of Serie A in recent seasons.
Palermo are not too bothered about possession, averaging 48.5% per 90 minutes, keeping a league high 15 clean sheets so far this season. With that been said, they still create plenty of chances, 85 big ones to be exact.
They press hard, winning possession in the final third 3.8 times per 90, but they don’t fly into tackles, averaging 13.5 per match. All in all, they’re a very well coached side, cool under pressure and confident in their abilities to get over the line.
Inzaghi has plenty of fantastic players at his disposal, but none are as important as Finnish striker Joel Pohjanpalo. Palermo’s attack is so reliant on the 31-year-old, we’re talking early 2025/26 Erling Haaland at Man City levels of dependence.

Pohjanpalo, signed from current Serie B leaders Venezia in February 2025, is the divisions current top scorer with 21 goals in his 32 games, a massive eight goals ahead of Pescara’s Antonio Di Nardo.
To make just how good Pohjanpalo has been even more stark, Palermo’s second highest scorer is playmaker Jérémy Le Douaron on five. It’s safe to say that if Inzaghi’s side do manage to earn promotion back to the promised land, Pohjanpalo is due his flowers.
Perhaps most importantly, especially for a club like Palermo, he’s integrated into the city. “It feels like home,” he told Forbes. “It’s the welcome that the fans gave me from the first day at the stadium. It’s been incredible.”
The goalscorers are glamorous, and sticking the ball in the back of the net is the most tangible statistic in football, but there are others who deserve a mention. 32-year-old Mattia Bani has been near perfect at the heart of their defence.

FotMob’s highest rated Palermo player of the season so far, so you know he’s good, Bani has made an incredible 298 defensive contributions, including 41 tackles, 90 recoveries, and 188 clearances.
He’s not a bad passer of the ball either, completing 948 at a success rate of 84.3%, along with 70 accurate long balls with a success rate of 48.6%. Bani likes to pop up with a goal too, scoring three, two of which have come in Palermo’s last two games.
We don’t want to say that Palermo are back, because they could still be playing in Serie B next season, it’s not like they’re running away with the title and promotion is guaranteed. The signs are good though, and it feels like a matter of time before they do get back to the big time.
Palermo may not have many trophies or superstar players, but they’re a huge club all the same. The worst is now behind them, now they can finally focus on the future.
(Images from IMAGO)
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