Means he will go to Pescara on loan. Co-own means Pescara will play this kid to increase his price tag so that they can sell him at a higher price, something like Parma did with us for Gio. If the kid is developing , its a good thing.
What I like about this deal is that we'll have him play another season in Serie A with them to base a better judgement on him before we completely buy him off them.