€400m takeover decision could scupper Liverpool and United transfer plans

Peter Lim is still in the running for control of La Liga side Valencia - and by the end of today we should know more.

Today could prove to be a very important day for Valencia of Spain. The club have long been battling financial woes after the collapse of a new stadium build and as a result the club has suffered on the pitch.

With star players like David Villa and Juan Mata having to be sold in recent years they have slipped down the league table - this season they will finish anywhere between eight and tenth - not what the fans are accustomed too.

But a takeover has long been in the pipeline and today the Valencia board will vote to decide which bidder has the best plan in place for the future of the club - with the overwhelming favourite being Singaporean businessman Peter Lim.

Lim is promising to cancel the €300 million of debt the club has as well as finishing construction on a new stadium.

Then there is the €50 million in transfer fees he is promising - this takeover could be worth up to €400 million to Valencia.

He is said to be willing to pump huge sums of money into the club, and despite previously having a bid rejected in January, he is now said to have 13 of the 23 board members votes sealed and he might just be Valencia's new owner before you know it.

Which is bad news for anyone after a certain Benfica trio

Lim's company, Meriton Capital Limited, purchased a large share of the rights in Spanish striker Rodrigo and Portuguese midfielder Andre Gomes earlier this year - both players having been linked with moves to Liverpool in the last six months.

However, with this type of leverage, Valencia would certainly have the upper hand in any pursuit.

And now they are also after long-term Manchester United target Ezequiel Garay. It is reported today in O Jogo that Valencia are willing to do battle with United and Zenit St Petersburg for the Argentine international this summer.

Zenit remain the favourites for his signature but ambitious Valencia are ready to rain on theirs, and Liverpool and United's, parade if Lim gets the go ahead later today.

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