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 play-off winners Cremonese and division winners Sassuolo.

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