Singaporean billionaire Peter Lim sells 42% stake in Valencia football club
Meriton Holdings, Singaporean billionaire Peter Lim's private investment company, is selling a 42% stake in Valencia CF in a deal valuing the Spanish club at 1.25 billion euros (US$1.4 billion).
Singaporean billionaire Peter Lim has sold a 42% stake in Valencia football club to a consortium of investors led by Pitchwise Holdings. The deal, which requires regulatory approval, will inject 100 million euros into the club, with the new backers Ann Rodriguez and Corey Woolfolk of Pitchwise expected to assume leadership positions.
Kiat Lim, Peter's son, will retain his position as president of the club. The investment aims to support Valencia's infrastructure transition, including the construction of a new 70,000-seat stadium set to open ahead of the 2030 FIFA World Cup. The transaction reflects a growing trend of wealthy families and institutional investors seeking exposure to sports franchises for their global fan bases, media rights, and commercial growth potential.
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