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Manchester City Owners Buy Majority Stake in Sicily’s Palermo FC

Palermo score in Palermo, Italy.

Palermo score in Palermo, Italy.

Photographer: Tullio M. Puglia/Getty Images

The owners of Manchester City, one of the world’s best-known soccer clubs, are making a move into Italy. 

City Football Group said Monday that it bought a majority stake in Palermo FC, after the Sicilian team last month secured promotion into the Italian second division, known as Serie B.