Peter Lim buys Valencia
Peter Lim chose Valencia. The Singaporean tycoon has become the new owner after purchasing the 70 percent of the shares.The decisive meeting lasted four hours. After consulting six offers, the Foundation (the previous majority shareholder) accepted Lim’s one. A vote approved the takeover. Now Lim will have to negotiate with Bankia the conditions to pay the debts (€220 million) and the loans. Lim is dreaming big and he wants to spend 60 million in the next transfer market window and the whole city is dreaming with him.
