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 Valencia get bank loan

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Redcanuck
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Registration date : 2008-01-04

Valencia get bank loan Empty
PostSubject: Valencia get bank loan   Valencia get bank loan EmptySun Aug 23, 2009 8:42 pm

Valencia have been handed a major financial boost. A bank loan of 74million euros (£64.3m) has been secured. Local bank Bancaja has agreed to lend the cash to the club's charitable foundation, with the loan being guaranteed by the Valencia regional government, the Generalitat.

I guess that means Villa and Siva are staying at Valencia.

I wonder if Man United or Liverpool could get the British government to guarantee their bank loans?
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