viagramof – Valencia FC fans have tried throughout the past period to force the Singaporean owner
viagramof – Valencia FC fans have been trying over the past period to force the Singaporean owner, Peter Lim, and the Meriton Group to leave the club, and according to the latest reports, this may be achieved.
According to the latest information, a company specialized in buying and selling football clubs reviewed the situation in Valencia and said that Peter Lim is ready to sell the club after a period of time managing the Mestalla Stadium club.
According to Al-As newspaper, the document was seen showing that Peter Lim is ready to sell Valencia for between 350 million and 400 million.
Peter Lim puts Valencia up for sale after protests
The document outlines a series of moves underway in the city to evict Yett Lim, which had to invest at least 150 million euros to finish the new Mestalla stadium.
Lim invested 290 million euros in the club during his existence, and the club’s debts amounted to 340 million. In addition, the report indicates that 15 out of 25 players in the team will have their contracts expiring within two years, and therefore the club needs new investments.
Any new investor needs at least 500 million euros in order to move Valencia to the new stadium and buy the club without mentioning investment, reducing or getting rid of debt, and this explains why Peter Lim continues with the club.
