Zamparini to quit Palermo

Palermo are set to enter a new era after Maurizio Zamparini revealed he is stepping down from his position of president of the Serie A club.

The 75-year-old bought Palermo in 2002, and while he managed to help them regain their status as a top-flight Italian side, Zamparini will most likely be remembered for the vast numbers of managers he has hired and fired.

Zamparini went through roughly 20 head coaches in 15 years – some who were hired more than twice, with the club revealing the new owners, Anglo-American investment, would take over in 15 days – from Monday.

They will reportedly invest heavily in the struggling club, with new facilities earmarked.

According to ESPN, Zamparini said the investors were hoping to "restore the club to the status which it deserves, a European position, by following a three-to-five-year plan."

Palermo will, however, need to improve their form rapidly if they are to survive relegation this season.

They are currently in 18th place on the Serie A table, seven points from safety with 12 matches remaining.

Diego Lopez, who joined the club in January, is the current Palermo boss, and the club's 11th coaching change in two seasons.