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SBD Global/June 13, 2014/Finance

La Liga Valencia Lender Bankia President Calls Recently Signed Deal 'Phenomenal' For Club

La Liga side Valencia lender Bankia President José Ignacio Goirigolzarri said on Thursday that "its recent agreement with new Valencia Owner Peter Lim is 'good' for Bankia, 'good' for Lim and 'phenomenal' for Valencia," according to the EFE. Goirigolzarri "called the deal 'great news' and indicated that it must be translated into contracts." He added that "Bankia's business plan will include a renegotiation of Valencia's debt." Goirigolzarri: "Obviously, no one is expecting someone to show up with a check and pay all of Valencia's debt" (EFE, 6/12). 
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