From Valencia to Los Angeles, Asian billionaires own football clubs around the world
Deep-pocketed investors have played a significant role in the sport as they acquire and transform these teams
[SINGAPORE] Billionaires and corporations from countries such as Thailand and Singapore have injected substantial funding into well known football teams in England, Spain and elsewhere. Here is a snapshot of some prominent Asians who own the following clubs:
1. Peter Lim – Valencia
Singapore billionaire and former remisier king Peter Lim made headlines in 2014 when he purchased Valencia then for 420 million euros. Just a year later, the Spanish club finished fourth in La Liga, a position that allowed them to qualify for the lucrative Champions League.
In recent seasons, however, Valencia has sputtered on the field. The last three seasons have seen the club flirt with relegation, and they have also sold some of their best players every summer.
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