Zamparini: I've found an Arab investor who will deliver the title to Palermo

According to the Rosanero supremo, a wealthy businessman, Ahmed Al Zubeidi, is willing to pump €5 billion into the Sicilian outfit over the next five years in chase of glory

By Mark Doyle

Maurizio Zamparini - Palermo (Getty Images)
Getty Images
Palermo president Maurizio Zamparini claims to have found a potential investor who believes that the club can win the Serie A title inside three years.

According to the Rosanero supremo, an Arab businessman, Ahmed Al Zubeidi, is willing to pump €5 billion into the Sicilian outfit over the next five years.

"I have already found an investor," Zamparini told La Gazzetta dello Sport. "In mid-March we will present a three- to five-year project, with the aim to deliver the Scudetto to Palermo inside three years.

"It's a hope. The Arabs have money, but have zero visibility and football provides so much visibility.

According to Al Zubeidi, he will invest an initial "100 to 200 million euros" which will, in part, fund the construction of a new stadium.

Palermo are currently eighth in the Italian league standings, 16 points off the top under the stewardship of coach Bortolo Mutti.



 
Inside Goal.Com
  1. Vote for your Goal.com World Player of the Week Vote for your Goal.com World Player of the Week

    Have your say on who you think should win Goal.com's weekly honour

  2. Euro 2012 a timely respite for depressed Spain Euro 2012 a timely respite for depressed Spain

    With 24 per cent unemployment, wage cuts and little hope for improvement in the short term, the continental competition will at least take people's minds off their sad situation

  3. Welbeck impresses but it's a bad day for Johnson Welbeck impresses but it's a bad day for Johnson

    Ashley Young has also all but secured his place in the starting line up against France while Steven Gerrard put a good shift in. Here's how the Belgium friendly affected the England player's chances of featuring in Euro 2012

  4. Five players Rodgers could sign for Liverpool Five players Rodgers could sign for Liverpool

    The new Reds boss was unveiled to the press on Friday and must immediately begin work on revitalising a thin squad with some additions in the transfer market

  5. Lambert the latest in EPL manager merry-go-round Lambert the latest in EPL manager merry-go-round

    The Scot officially left Norwich City on Saturday to become the second new boss in June, following the appointment of Brendan Rodgers at Liverpool on Friday