Erminio Favalli (29 January 1944 – 18 April 2008) was an Italian football player and managing director, who played as a midfielder.

He spent most of his playing career with Juventus and Palermo, and joined Cremonese as part of the managing staff after his retirement from active football.

Favalli was born 1944 in Cremona, and started his playing career with hometown club Cremonese, then in Serie C. He later joined Inter Milan, then moving to Foggia the following year.

[2] In 1982, Favalli started a career as director of football with Cremonese, his first professional team as a player.

He then filled the same position for Palermo in the 1980s[1] before to return to Cremonese, where he oversaw the club successes in the 1990s, including an Anglo-Italian Cup won in 1993.