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SBD Global/May 24, 2013/Finance

Singapore Billionaire Could Help Atlético Madrid Pay Off $12.9M Debt To Mediapro

La Liga side Atlético Madrid will next Friday pay €5.37M ($6.9M) as part of the €10M ($12.9M) it has to pay Mediapro as compensation for breaking their TV contract, according to EL CONFIDENCIAL. Everything "indicates that some of that money will come from Singapore billionaire Peter Lim. Lim finalizes his entrance as a club shareholder in club CEO Miguel Angel Gil's plan for increased capital" (EL CONFIDENCIAL, 5/22).
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