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SBD Global/July 4, 2014/Franchises

Franchise Notes: Trio Of La Liga Side Valencia Board Members Turn In Resignations

Three La Liga side Valencia board members, Eva Turanzo, Isabel Farinós and Juan Mercé, on Thursday "turned in their resignations" to Valencia majority shareholder VCF Foundation, "further straining the conclusion to club's sale process." All three "cited a lack of information about the process in their resignations." The board now consists of 19 members (SUPERDEPORTE, 7/3). ... Barcelona and construction firm MCM have not reached an agreement over MCM's lawsuit seeking damages of up to €100M ($136M) from the club for "breach of contract." Both parties attended a preliminary hearing and "agreed to meet in court in March" (MARCA, 7/3).
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