Filippo Inzaghi was hired on Tuesday by Palermo after the former World Cup winner left Pisa following their historic promotion to Serie A.

In a statement, Palermo said that Inzaghi had signed a "multi-year contract" starting from next month.

According to Italian media reports, Palermo paid Pisa nearly one million euros ($1.1 million) to take Inzaghi as the Sicilians, owned by the City Football Group which also owns Manchester City, attempt their own return to Serie A.

Pisa finished second in Serie B under 51-year-old Inzaghi and gained promotion to the top flight for the first time in 34 years.

The Tuscan club, whose Arena Garibaldi stadium is in the shadow of the famous Leaning Tower of Pisa, moved up to Serie A with playoff winners Cremonese and division winners Sassuolo.

Palermo finished eighth and missed out on promotion via the playoffs after being beaten in the first round by Juve Stabia.