Commentary: Peter Lim’s romance with owning a football club appears in trouble

SINGAPORE: In 2014, Valencia fans chanted the name of Peter Lim as there was general delight at the Singaporean businessman buying 70.4 per cent of the Spanish club.

There was hope that the club could return to the top of the La Liga and become a European force once again.Nearly six years after Lim’s purchase of the club, his name is being chanted by fans again. But this time, in anger. “Here again. Some Valencia fans are scolding and cursing at my family and I", Lim wrote in July on Instagram in a post that was later deleted."Don't they get it? The club is ours and we can do anything we want with it and no one can say anything."While Lim may have been technically correct by saying that the club, which celebrated its centenary last year, belonged to her family, its beating heart is the city’s 2.5 million population. Fans feel it is theirs.

"In general, the arrogance with which 'Meriton' - the group through which Lim controls the club - have behaved is now reaching a point where they are humiliating the fans of Valencia," former Spanish international and Valencia stalwart Santiago Canizares told football website Tribal Football. Yet most Manchester City fans are delighted with their owners, the Abu Dhabi United Group as are Chelsea with Russian billionaire Roman Abramovich.

For instance, he recently helmed the transfer negotiations of Torres since he has close relations with Manchester City’s owner Mansour bin Zayed. In 2018, he reportedly also led negotiations with PSG’s owners over the purchase of Portugese forward Gonçalo Guedes, who the French club was looking to offload.Lim’s preferred hands-on business style means having direct control over certain aspects of the club and extends to his appointment of Murthy as club president – someone who has had no experience managing a football club or a sporting entity before.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Player sales increase pressure on Valencia owner Peter LimValencia have sold midfielders Francis Coquelin and Dani Parejo to La Liga rivals Villarreal, both sides said on Wednesday (Aug 12), heaping further criticism on owner Peter Lim over his management of the club. Neither club gave details of the transfer fee involved although...
Source: thenewpaper - 🏆 7. / 63 Read more »

Player sales increase pressure on Valencia owner Peter LimValencia have sold midfielders Francis Coquelin and Dani Parejo to La Liga rivals Villarreal, both sides said on Wednesday (Aug 12), heaping further criticism on owner Peter Lim over his management of the club. Neither club gave details of the transfer fee involved although...
Source: thenewpaper - 🏆 7. / 63 Read more »

Football: Valencia sell Coquelin to Villarreal as pressure on owner Lim mountsVALENCIA: Valencia have sold midfielder Francis Coquelin to La Liga rivals Villarreal, a move that has heaped further criticism on owner Peter Lim ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Football: Spurs sign Southampton's Hojbjerg, Walker-Peters joins SaintsLONDON (REUTERS) - Tottenham Hotspur have signed Denmark midfielder Pierre-Emile Hojbjerg from Southampton with full back Kyle Walker-Peters moving in the opposite direction, the Premier League clubs announced on Tuesday (Aug 11).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Football: Valencia president Murthy responds to fans' criticism, says club bracing for 'difficult season'SINGAPORE - The coronavirus pandemic will cost Spanish La Liga club Valencia millions and lead to a 'complicated' season, but despite local fans baying for blood, their president Anil Murthy insists his management team are up for the challenge.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Football: Liverpool set for record payday as clubs agree to delay cutsLIVERPOOL: Liverpool will receive a record £175 million (US$228.45 million) payout for winning the Premier League after all 20 clubs in England's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »