Miguel Zorio, a local entrepreneur, proposes a €250 million bid to acquire Valencia from the controversial owner, Peter Lim.
Peter Lim has been widely criticized at Valencia. The Singaporean businessman assumed control of the club a decade ago. Despite recent improvements this season, progress has been lacking.
The recent win against Athletic Club has boosted morale at Los Che. Reports from Relevo suggest that Miguel Zorio, a prosperous local businessman, has submitted a €250 million offer to oust Lim as the owner.
Zorio has secured funding until 2028, but his offer falls short of Lim’s €400 million valuation for Los Che, hindering the sale approval.
Lim has not formally responded to Miguel Zorio’s offer, providing a glimmer of hope for Valencia and their supporters.