Valencia CF: Peter Lim becomes the official owner of the club after agreement with Bankia

Peter Lim, a Singaporean businessman, reached an agreement regarding the debt of Valencia CF (Liga BBVA) with the Spanish bank Bankia and officially became the owner of the club, on 14/08/2014. The two parties agreed on a financial guarantee of €140m.

The conditions of the sale of Valencia CF meant that the businessman had until 15/08/2014 to...