Miguel Zorío announces Valencia takeover offer; releases 7-point statement | OneFootball

Miguel Zorío announces Valencia takeover offer; releases 7-point statement | OneFootball

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Tribal Football

·5 October 2021

Miguel Zorío announces Valencia takeover offer; releases 7-point statement

Article image:Miguel Zorío announces Valencia takeover offer; releases 7-point statement

Miguel Zorío has expanded on his takeover offer to Valencia owner Peter Lim.

The local business magnate has made a €248m bid for the club - with a deadline for Lim to accept set at April 1 2022.


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In a released statement, the Zorio camp declared:

"Miguel Zorío, spokesperson for Marea Valencianista and former Vice President of Valencia CF SAD, in response to Peter Lim's statement, wants to underline the following points:

"1st - As I said at the press conference, this offer does not decline due to a punctual and visceral refusal. The offer remains firm until April 1, 2022. The fight to recover the club will not end until the Valencians recover Valencia CF.

"2nd - Peter Lim doubts that the offer exists. Again it is uncertain what he says. That is why we enclose a copy of the LOI, the LOI mail certificates sent to Peter Lim's home and to the Meriton Holdings address (we have removed the addresses for data protection) and the first two pages of the certificate issued by the Notary at the one that we deposit the documentation and the letters that guarantee the operation.

"3rd - Peter Lim does not make a capital increase to demonstrate his willingness to fulfill the commitments acquired in the sale process. It does the capital increase with a loan that it was not going to be able to collect (nor will it be able to collect any more for the sale of the players who guaranteed it. We will be vigilant) and because its management team is a machine to make Valencia CF lose money. If he did not make the extension, Valencia CF was in dissolution cause and he lost all his investment. But enlargement does not mean the entry of money into society. That money has already been spent by Anil Murthy.

"4th - The economic situation of the club is going to worsen a lot in the next months, and this is only a patch. We will continue to press the offer to sell or market them. To sell or comply with the Generalitat, the City Council and the neighbors. To sell or comply with the sentence of the Supreme. To sell or build the new stadium as promised and not with low cost campsites. For him to sell or reposition Valencia CF in the sporting positions they held until his arrival. So that it sells or returns to respect the fans.

"5th - Peter Lim says he does not sell. Just remember Layhoon's statements the day before selling Alcacer: "Alcacer is not for sale." The next day he was on his way to Barcelona.

"6th - This is very simple: either Peter Lim collects 248 million euros, or he will have to put them in order to pay the salaries of the players, guarantee the new situation of dissolution that the LFP loan will bring, to pay the deficit this season and to finish the new Mestalla.

"7th - By the way, and as for that "friend", perhaps Peter Lim's memory fails, but it is the same one who told him at a recent dinner in Singapore (in an expensive restaurant of a social club) telling him that the big businessmen from the area were disgusted with him, because of the bad image he was transmitting in Europe. Those same businessmen whom Peter Lim has acted as a financial 'advisor' ..."

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