Valencia’s Salvo criticises Bankia

Valencia President Amadeo Salvo has criticised Bankia as Peter Lim’s takeover of the club still lingers on.

Super Deporte report Salvo as calling for Bankia to make the sale easier and not increase the guarantees they require from Lim’s company Meriton, as it is reported they have done.

“There comes a time to make decisions. Sometimes you must be silent, other times talk and other times walk,” he said.

“These past eight months the only thing that has motivated me is my love of Valencia. The Foundation has already decided twice.

“Those who are trying to put it back are doing it out of cowardice…it is very easy to be a coward and it is very hard to be brave.

“It’s time for the fans. I need your energy, your support, to begin to move because I’m telling you, I defend Valencia.

“The Foundation has made a decision…Mr Lim endorses a €71m debt with a personal guarantee of €400m.

“A bank that we have rescued can’t talk about transparency and cleanliness…they’re multiplying by four the guarantees [required].”

Tags Amadeo Salvo Bankia Peter Lim
La Liga - Club News