MX23RW : Friday, September 21 06:28:54

Report: Peter Lim announcement expected next week ahead of Valencia takeover

Singaporean businessman Peter Lim will reportedly complete his protracted takeover of Valencia next week.

Peter Lim's protracted takeover of Valencia is reportedly expected to be completed early next week.

The Singaporean businessman has long been linked with Los Che, but, despite reaching an agreement with Meriton and Bankia – the bank who hold Valencia's debt – in August, a deal still has not been officially announced.

According to various reports in Spain, however, an announcement is expected to take place at the start of next week after all parties came to an agreement.

On the pitch, Valencia have made an impressive start to the season, with the former Spanish champions sitting second in La Liga after seven matches.

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Paco Alcacer celebrates with David Silva after scoring Spain's 2nd goal during the UEFA EURO 2016 Group C Qualifier between Spain and FYR of Macedonia at Estadio Ciutat de Valencia on September 8, 2014
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