Executive Transactions Names In The News FFA Records $6.2M Profit For '13-14 La Liga Valencia Discards New Bat Logo Qatar Reveals Third WC Stadium Design Qatar Looks To Enter F1 Circuit Healthpoint Partners With Man City Sony Reportedly Will Not Renew FIFA Deal Portsmouth To Host America's Cup Races BBC To Show All FIFA Women's WC Games
SBD Global/December 24, 2013/FranchisesPrint All
Reigning Tour de France winner Chris Froome "heads a list of 10 riders who have signed new contracts with Team Sky for 2014," according to the PA. Peter Kennaugh, David López and Ian Stannard were "part of the lineup that helped Froome succeed Bradley Wiggins, who is heading into the final year of his contract with the team, as Britain's second winner of Le Tour." They have "put pen to paper along with Luke Rowe, Salvatore Puccio, Sergio Henao, Chris Sutton, Danny Pate and Xabier Zandio" (PA, 12/23).
Spanish bank Bankia is "studying an offer by Singapore billionaire Peter Lim" to acquire La Liga side Valencia, under which Valencia President Amadeo Salvo said that it "would pay off long-standing debt owed to the bank," according to Alex Duff of BLOOMBERG. Salvo added that Bankia wants "between four and six weeks to wait for competing offers." Lim set a deadline of Jan. 15 to complete the transaction. Lim could not "immediately be reached for comment and a Bankia official declined to comment" (BLOOMBERG, 12/23). In Madrid, Cayetano Ros reported "in recent years, Lim has been interested in buying a club." Former Valencia President Manuel Llorente "held negotiations with Lim, but a firm offer never arrived." Salvo indicated that Lim is "looking to help the club pay off its debts and sign footballers to help the team compete in Europe." Salvo "also assured that Lim would keep current employers and managers in their positions" (EL PAIS, 12/22).