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Zambarini, 77, bought the club based in Sicily in 2002 for 15 million euros.
He sold the club "At a nominal price" Without revealing the identity of the new owner, he added "A meeting will be held next week with representatives of the new owner, as well as representatives of the team and the city of Palermo. "
Palermo leads the standings with 26 points after a 0-0 draw in Benevento on Friday.
Quotes "AFP" About Zambarini saying that he feels "Deeply sad" To leave Palermo, citing step b "Think about the future of the club" The new owner will settle the debt of the club for a total amount of $ 25.8 million.
Zambarini wrote in an open letter "For some time, the goal was to find someone who could continue my work with increased financial coverage, with important goals that could only be achieved through investments that I could not do. "
"He added" The new owners in London (…) will undertake the necessary move for the construction of the stadium and the training ground. I am sad because I was filmed in the media as a person I was not on, because all my life has shown that I am a very honest, fair, socially active and generous person. ".
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Zambarini, 77, bought the club based in Sicily in 2002 for 15 million euros.
He stated that he had sold the club "at a symbolic price" without revealing the identity of the new owner. "There will be a meeting next week with representatives of the new owner, who will also include representatives of the team and the city of Palermo," he said.
Palermo leads the standings with 26 points after a 0-0 draw in Benevento on Friday.
Zambarini would have been "deeply saddened" to leave Palermo, citing the decision to "think about the future of the club", the new owner settling his debts for a total of $ 25.8 million.
"For a while, the goal was to find someone who could continue my work with greater financial coverage, with important goals that could only be achieved through investments that I could not do", wrote Zambarini in an open letter.
"The new owners in London will take the necessary steps to build the stadium and the training ground," he said, adding, "I'm sad because I've been filmed in the media as a person I was not in. All my life has shown that I am a very honest, fair and socially active person. "
