Published January 30, 2014
La Liga side Valencia's lender, Spanish bank Bankia
, is "very satisfied" with Valencia majority shareholder VCF Foundation "wanting to lead
the process of selling the club." A Bankia
spokesperson said, "Since the arrival of the new bidders, Bankia
always communicated to them that selling to a qualified and solvent investor that would contribute a socially, athletically and economically viable project was the best option" (EFE, 1/29
). ... English cricket club Warwickshire has announced a small profit of £4,500 for the '13 season.
This compares to the loss of £668,000 it suffered in its County Championship-winning year in '12. Warwickshire's turnover increased by £222,000 to £11.74M, while the county's primary profitability measure, EBITDA, increased by 90% from £755,000 to £1.4M (BBC, 1/29