Palermo president Maurizio Zamparini is happy with the arrival of Christian Panucci.
The former AC Milan and Real Madrid defender is joining the club as team manager.
"I chose him because of his experience - his competence and lucidity is shown in his commentary work for Sky," said Zamparini.
"Everything took place very quickly, he accepted immediately and will work as Team Manager. Luca Cattani will remain as our transfer market man."