Legal Dispute Delays Takeover Of Swans Politician Urges ACB To Remove Tax Hull city Puts Takeover Talks On Hold Bayern Not Planning U.S. Sister Club York City Blocks Knights From Ground Q&A With City Football Group's Tom Glick ManU Agrees To Terms For Paul Pogba La Liga's New Deal To Run For 3 Years Espanyol Begins Capital Increase Sonny Wu Said To Lead AC Milan Deal
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/May 2, 2014/Franchises
U.S.-Based Investment Firm GEM Withdraws Bid For Valencia; Bidders Can Improve Offers
Published May 2, 2014
CERBERUS 'RESCUED': In Valencia, Julián Montoro reported the sale process "suffered another setback" after the committee managing the sale of the club accepted that "the leaders of the bid by U.S.-based investment firm Cerberus Capital Management can make a series of modifications to its offer." Now, "any of the bidders will be able to improve their offers" until May 5 (SUPERDEPORTE, 4/30).