Valencia offered cash injection by Singapore billionaire

  • Football Premium
  • Monday, 23 Dec 2013

BARCELONA (Reuters) - Debt-ridden Valencia have an offer on the table from Singapore billionaire Peter Lim to pump money into the club with a view to becoming one of the top sides in Europe.

Club president Amadeo Salvo has been searching for investors with Spanish banking conglomerate Bankia, which is owed 300 million euros (250 million pounds) by Valencia, having pushed for the club to be put up for sale as they consider the debt to be unsurmountable.

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