 Later the same day, however, Instituto's general secretary José Teaux stated that the man who had completed the negotiations with Palermo did not have the mandate to sell Dybala.Nonetheless, on 20 July 2012 Palermo released a press announcement confirming the signing of Dybala, who signed a four-year deal with the Sicilian club.According to the financial filing of the club, the transfer fee was €8.64 million.