Singapore

Singapore Lim in Bid for Valencia

SINGAPORE (26 Dec 2013) โ€“ Singapore entrepreneur Peter Lim is in bid to takeover debt-ridden Spanish club Valencia CF. This was confirmed by Valencia president Amadeo Salvo this week, who announced that the club is in debt amounting to Euro 306 million (USD 419 million). Valenciaโ€™s creditor Bankia is studying the offer from Peter closely…