Only thirteen days after the president of LaLiga, Javier Tebas, ensured that “you cannot force yourself to sell to Peter Lim“and that in Valencia “they are scaring consumers”, the supreme leader of the national competition once again defended the hand of the Singaporean in the head of Valencia and said that “his management of the economy is perfect.”
Thebes He emphasized in a conversation in Valencia that he does not believe that the Mestalla club “needs a change of course, but rather to understand what is happening on an economic level”, because Meriton Holdings “assumes that collapsed in the Champions League, covid -19… and now the debt is becoming more and more sustainable.”
Although Valencia, for the first time in over thirty years, have accumulated five consecutive seasons without reaching Europe, Tebas pointed out that at a sporting level its management “depends on results” and it needs to “see how the year ends.”
Discussing his sports health, after seven days in which Valencia is seventeenth in the First Division after spending five days at the bottom, Tebas focused on the importance of refinancing the debt through the Goldman Sachs bank and finishing the stadium.
“I have a guarantee that they will get the stadium back in December,” said Tebas, who also commented that “Goldman Sachs will not finance the club without Lim at the helm.”
“I don’t know the amount they are looking to refinance, but I do know that they will use it to finish the stadium and refinance debt. They have confirmed to us that they will start the works,” stressed Tebas, who also highlighted that “Peter Lim is an important person in Singapore and that every time they go there, he cooperates “not only in terms of his club, but in general.”
For Tebas, “he is an important entrepreneur and helps in that aspect,” as he explained after a conference in front of the Association of Sports Managers of the Valencian Community where he insisted on the importance of exporting his business to Asia , where The Premier has many advantages over the League.
Source: La Verdad
I am Shawn Partain, a journalist and content creator working for the Today Times Live. I specialize in sports journalism, writing articles that cover major sporting events and news stories. With a passion for storytelling and an eye for detail, I strive to be accurate and insightful in my work.
