Valencia approves property deal
Valencia OK's property deal
Valencia shareholders gave their approval to a property deal on Saturday which is expected to net the club €100 million and clear the vast majority of their debts.
This is definitely a boost for the club's financial health. Hopefully it will allow the club to make some big signings this summer without having to sell Vicente or Aimar.
I wonder how much debt they have left over...it can't be that much.
Great news. It should make for an interesting summer.
Nice.. I thought Valencia would be in finacial trouble with not getting the CL spot but it looks like I'm wrong.
Hopefully they can get back on track next season. |