Maurizio Zamparini has laughed off suggestions that Palermo are looking to bring in former Roma, Juventus and England Coach Fabio Capello.
Reports were gathering pace today of new Rosanero general manager Christian Panucci having approached Capello about the 65-year-old taking the bench next term at the Sicilians.
Sky believed that initial contact had already been made and that the link was feasible in light of the Arab investment the club are believed to have secured for coming seasons.
However, despite the close links between Panucci and Capello, President Zamparini has dismissed the reports as nothing more than inaccurate rumours.
“Capello? He has an understandable objective at his age - to get a contract in accordance with his fame and of course his value, which is something Palermo cannot perceive,” the President told Mediagol on Thursday.
“Perhaps Capello would come, but the salaries of Coaches in Italy are much lower, at least five or six times compared to the salary he could get in China or Russia, where I believe he will go in the end.
“Panucci is a great friend of Capello’s and of course it is easy to create these stories that do not exist. It is news that tickles the imagination and ignites the enthusiasm of the supporters, but I do not want to deceive them.”