Former Palermo owner Maurizio Zamparini has been given a five-year ban from football for his role in the club's demotion to the non-League.
Zamparini's punishment was confirmed by the FIGC's Federal National Court on Friday.
Palermo have been forced to restart in the non-League following their failure to register in time for upcoming Serie B campaign.
The 78-year-old was placed under house arrest in January for false accounting and money laundering.
It emerged he had created a company – Mepal – to own the Rosanero brand, which was then sold to a Luxembourgish enterprise called Alyssa for €1m in 2017.
Alyssa, it seems, was also owned by Zamparini, and the accusation was that he created a €1m boost to the club coffers by using his own money to artificially inflate the value of the ‘brand’ and bypass the Italian financial fair play rules.
Without that extra boost, Palermo would effectively have gone bankrupt two years ago.
The club are currently owned by Arkus Networks, who recently claimed they had been defrauded by fake brokers of a Bulgarian insurance company.