Singaporean government sources claim Peter Lim has completed his buyout of Valencia.
Teo Chee Hean, Singapore's Secretary of State, has confirmed the news.
At the celebration of "Hispanic Day" (October 12th), brought forward from Sunday and held in the Spanish Embassy in Singapore, the equivalent of the Secretary of State for Singapore, Teo Chee Hean, acknowledged in his speech that Peter Lim had recently "completed the purchase of Valencia CF", as reported ABC journalist for the region, Carmen Calvo.
The admission of the politician from Singapore is another example of the ongoing ties being forged by Singapore and Spain.
