Football: Singaporean billionaire Peter Lim promises $85m chest for Valencia
Singaporean billionaire Peter Lim has pledged to spend 50 million euros (S$85 million) on new signings for Spanish football club Valencia during the January transfer window.
He was quoted in Spanish daily AS as saying: "I hope my offer is accepted. Forty million euros for signings seem too small for me. I have 50 million euros to spend this month.
"I like football a lot and I hope all goes well. My intentions are good and the offer is good."
Lim has given the La Liga side until today to consider his bid to buy the club.