Singaporean billionaire Peter Lim is now the new owner of Spanish club Valencia

[krafty]

https://twitter.com/tdysports

 

[Fishypie]

So which position is Cherrie PLaying ?..

 

[laksaboy]

It's a mountain to climb for him and here's why:

 

[krafty]

MADRID – Singapore property tycoon Peter Lim has been confirmed as the new owner of Spanish La Liga football club Valencia CF.

According to Spanish media reports, the 22-man Valencia CF Foundation trustees voted in favour of selling their shares to the 60-year-old billionaire’s Hong Kong-based investment company Meriton Capital Limited during a meeting in Madrid on Saturday.

Lim, estimated by Forbes to be worth US$2.4 billion (S$3 billion), had offered 420 million euros (S$720 million) in total, with 200 million euros for Valencia’s debts and 170 million euros to complete construction of a new stadium. He had previously forked out 45 million euros to buy two footballers – striker Rodrigo Moreno, 22, and midfielder Andre Gomes, 20, from Benfica and will transfer them to Valencia next season.

- See more at: http://www.straitstimes.com/news/sp...-spanish-football-club-v#sthash.DmSbDMgp.dpuf

 

[frenchbriefs]

i think i need to go into business of starting european football club,got many dumbasses chinks and gooks lining up to buy one with their life fortunes.

football club more profitable than real estate.

 

[Narong Wongwan]

PL previously wanted to sell non preference manu shares to dumb Asians.
Expect the same from Valencia

 

[GoldenDragon]

Finally, a European club for him.

 

[McDonaldsKid]

Please dont be another Vincent Tan and embarrass Singapore.

 

[GoldenDragon]

Please dont be another Vincent Tan and embarrass Singapore.

Peter is a smooth operator. Trust me, he wont be another Vincent Tan.

 

[Faker]

Our sleague local boys finally get a chance to play in europe? Coach has to listen to boss.

 

[McDonaldsKid]

Peter is a smooth operator. Trust me, he wont be another Vincent Tan.

I trust your judgment GD. Valencia used to be great under Benitez. Their team then was fantastic. Hope Peter Lim brings some glory back to them.

 

[po2wq]

Peter is a smooth operator. Trust me, he wont be another Vincent Tan.

u noe vincent tan a ruff operator? ...

 

[GoldenDragon]

I trust your judgment GD. Valencia used to be great under Benitez. Their team then was fantastic. Hope Peter Lim brings some glory back to them.

He's close to Mourinho. They were in Malaysia not too long ago.

 

[GoldenDragon]

u noe vincent tan a ruff operator? ...

Yes, he is rough. Loves handcuffs and whips! Hahaha.

 

[McDonaldsKid]

He's close to Mourinho. They were in Malaysia not too long ago.

And Ronaldo too if I am not wrong!

I don't think he's that rich to tempt both of them to Valencia. Would be quite something if he did manage to get Mourinho though. I wont be surprised if Chelsea sacks him next season for not winning anything and playing shit football.

 

[GoldenDragon]

And Ronaldo too if I am not wrong!

I don't think he's that rich to tempt both of them to Valencia. Would be quite something if he did manage to get Mourinho though. I wont be surprised if Chelsea sacks him next season for not winning anything and playing shit football.

Not sure about Ronaldo. Was it reported in the press?

 

[McDonaldsKid]

Not sure about Ronaldo. Was it reported in the press?

I thought he brought Ronaldo over for some scholarship thing? Sorry I thought you were referring to that. Now that I think of it, I think the press only reported the Ronaldo story. Assume the Mourinho link is from your sources?

 

[kaipoh]

So the football guru happy like fook, another sucker is born. if F 1; football can make money and come to you, the pig can fly! Just watch how much Peter Lim will lose.

https://twitter.com/tdysports

 

[Fishypie]

Dont think PL's pocket is deep enough as those Arabs'..

 

[laksaboy]

i think i need to go into business of starting european football club,got many dumbasses chinks and gooks lining up to buy one with their life fortunes.

football club more profitable than real estate.

More profitable? Not necessarily so. You can lose a lot of money through stupid business decisions e.g. buying overpriced shit players, building a new stadium and failing to fill its capacity etc, and when the fans turn against you, you may be forced to sell the club at a big loss.