Dean Holdsworth Lands Italian Job at Palermo

  • December 30, 2018 | By Chris Mann
  • URL Short URL: http://b-ac.es/a7a94

Dean Holdsworth has returned to football for the first time since leaving Bolton, after assisting with the takeover of Italian side Palermo.

Holdsworth, who helped rescue Wanderers from the brink of liquidation in March 2016, departed the club in August 2017 after his parent company - Sports Shield BWFC - was liquidated itself at the High Court.

That forced Holdsworth to relinquish his 38% share of the Trotters, which was subsequently snapped up by his former colleague and co-owner Ken Anderson, but the former player is keen to rebuild his reputation and will get that opportunity in Italy's second tier, where he will serve as a senior football advisor until the end of the current campaign.

An official statement, posted at palermocalcio.it, said: "US Citta di Palermo can confirm that Sport Capital Investments Ltd (a wholly owned subsidiary of Sport Capital Group Ltd) has acquired 100% of the club's shares from Maurizio Zamparini through the completion of the preliminary contract dated 30 November.

"The new board of directors will be composed of Clive Richardson as President, Emanuele Facile as Chief Executive and John Treacy as third director.

"Sport Capital Group Investments Ltd will be calling a shareholders' meeting in the coming days to increase the share capital to up to €20m.

"The new board thanks the previous owner for the excellent results achieved and for welcoming the plan to develop Palermo as presented by the new shareholders.

"With the support of a group of football advisors lead by Dean Holdsworth, the board intends to immediately start work on plans for the remainder of the 2018/19 season with the current management team."

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