Peter Lim has made Sporean proud ...

[Evilernie]

I hope Peter Lim could pump some money together with Singapore Sports Council into our local grassroots football community, sponsoring more training camp for our local boys to overseas, and support for our local clubs. That should be something we Singaporean will be proud of.

[Ktglfc]

I hope Peter Lim could pump some money together with Singapore Sports Council into our local grassroots football community, sponsoring more training camp for our local boys to overseas, and support for our local clubs. That should be something we Singaporean will be proud of.

 

Totally agreed. And thats what i said earlier on.

It would really be beneficial for the locals to have a proper training with world class players to gain exposure as well as improve technique, etc so as that we can play well and better in the next SEAS games, Asian games, and even WC qualifying rounds.

 

Why not pump in $ for the local soccer academy so as to unearth the next Sundram, next Fandi, etc?

Can also send these young boys to Valencia for 2 weeks training, all fully paid :)

[Notsogoodman]

football coach or football player I know can make money . . . .

 

football club owner can make money? please explain how . . . . maybe thru merchandise, adverts, games attendance.

 

just like race horse owner . . . do all make money?

 

Network, raise profile.... How many knew that Russian guy or heard of the Glazers prior?

 

Now Peter Lim of Singapore will be better known...

 

Horses r high society game, doesn't have to be direct profit... There's always the bets & stud fees

[Neost]

 

Totally agreed. And thats what i said earlier on.

It would really be beneficial for the locals to have a proper training with world class players to gain exposure as well as improve technique, etc so as that we can play well and better in the next SEAS games, Asian games, and even WC qualifying rounds.

 

Why not pump in $ for the local soccer academy so as to unearth the next Sundram, next Fandi, etc?

Can also send these young boys to Valencia for 2 weeks training, all fully paid :)

 

I think is about publicity. One scoop, and the whole world knows who is he.

[Ktglfc]

 

I think is about publicity. One scoop, and the whole world knows who is he.

 

Easier to pronounce his name: Peter Lim.

If it is my dialect name, with no english, then probably the whole world cannot even pronounce and remember

[Viceroymenthol]

 

 

don't where you get your info from

 

officially, only FED $$ printer, China's reserve and Japan pension fund got US$1 trillion

 

you anyhow hantam is it??

Yeah sorry lah I anyhow bomb one... $10 billion might as well be hundred billion to me, as those amounts are unfathomable to me and I will never even smell $10 million in my lifetime, hence my any how bombing LOL

[Observer]

peter lim is simi? come mcf also will lao kui...think he never buy car with full cash, albeit car is 2nd hand..

his wealth eat use for 3 generations and cannot finish.

 

ppl like him just looking for new toy or hobby.

 

too much money no where to spend.

 

sometimes i wonder why these ppl don't look inwards... singapore also alot of ppl that needs help

 

100m can help so many poor folks in sg....

 

can run s league for so many years

 

can help refurnish so many old folks home....

 

sometimes dunno wtf these rich ppl are thinking

 

 

if own gahmen dont help so much, he help for what?

[Camrysfa]

what makes people queue up to buy football clubs?

 

 

http://www.bbc.com/news/business-26365955

 

Long article ... extract a few points:

 

The quip goes that it is relatively easy to take out £1m by being the owner of a football club. All you have to do is first put in £2m.

 

Since the English Premier League was formed in 1992, football finances have boomed to the extent that £1m is now small change. However, it is still the case that buying a football club is unlikely to yield much of a return. Despite the significant TV and other commercial revenues, football clubs in England's top flight still struggle to break even. This is ironic, given the goal of setting up the Premier League was to stabilise club finances.

According to the latest Deloitte Annual Review of Football Finance, only half the clubs in the Premier League made an operating profit in the last football season 2012-13 (that is, profits not including net transfer expenditure).

Overall, operating profits for the 20 Premier League teams were just 4% of revenues, and when the net costs of player trading are added, there are large overall net losses.

 

 

One explanation is that it has nothing to do with money. Mike Ashley, the chairman of Newcastle United and proprietor of Sports Direct, does not appear concerned by the fact that he is unlikely to get back the £200m he has loaned to the club. He is, after all, a supporter.

 

It is reported that Roman Abramovich, the Russian owner of Chelsea, has written off more than £1bn he ploughed into the club since acquiring it in 2003. Catching him up fast is Sheikh Mansour from Abu Dhabi, who has invested close to £1bn in Manchester City since 2008.

[Ktglfc]

One explanation is that it has nothing to do with money. Mike Ashley, the chairman of Newcastle United and proprietor of Sports Direct, does not appear concerned by the fact that he is unlikely to get back the £200m he has loaned to the club. He is, after all, a supporter.

 

It is reported that Roman Abramovich, the Russian owner of Chelsea, has written off more than £1bn he ploughed into the club since acquiring it in 2003. Catching him up fast is Sheikh Mansour from Abu Dhabi, who has invested close to £1bn in Manchester City since 2008.

 

Meaning Peter may lose all his $720 mil?

Oh no, we gonna have one billionaire less :(

 

Maybe he will list Valencia in Singapore Stock Exchange? Then he will help every Singaporean to be a major shareholder in La Liga :)

[Camrysfa]

 

Meaning Peter may lose all his $720 mil?

Oh no, we gonna have one billionaire less :(

 

Maybe he will list Valencia in Singapore Stock Exchange? Then he will help every Singaporean to be a major shareholder in La Liga :)

 

lol, with $720 mil, he can buy many other business . . . . . but Valnecia is certainly a talking point in his favour.

 

 

- Source: Tech in Asia

sgCarMart

Its businesses include vehicle classifieds, a car auction platform, an online marketing site, as well as car loans, insurance and settlement services.

- Acquired by Singapore Press Holdings for USD 48M at x12 multiple of 2012 annual revenue, with final amount dependent on post-merger company performance.

- Announced on 1 April, 2013

- Started in June 2004

- Source: Tech in Asia

[Maxus-MIFA9]

 

Meaning Peter may lose all his $720 mil?

Oh no, we gonna have one billionaire less :(

 

Maybe he will list Valencia in Singapore Stock Exchange? Then he will help every Singaporean to be a major shareholder in La Liga :)

 

After buying Valencia, one year later, he can sell it to China big players for 1.5 billion. He will make 50% profit ...

 

China got many super super rich that in recent years, had been expanding all over the world. Buying up anything and their super super rich have the spending power...

[Benarsenal]

Valencia was heavily in debt, so even before he do anything he has to dump in money to clear those debts first.

 

I hope at least he uses this venture to help Singapore football, in that can cooperate with the local football authorities in sending our local football boys over there to train and maybe even play for the team. Players like Hariss Harun or our LionsXII boys perhaps.

[Ktglfc]

Looks like our Peter Lim is really a Philanthropy :))

Kudos :))

 

4 Singapore businessmen among Forbes Asia's 'Heroes of Philanthropy'

 

http://www.channelnewsasia.com/news/singapore/4-singapore-businessmen/1208914.html?cid=FBSG

[Toothiewabbit]

http://www.espnfc.com/league-name/story/2080716/headline?ex_cid=null%C2%A0-via%20ESPN%20FC%20http://es.pn/fcapp

 

 

finally....

 

 

.

Edited October 10, 2014 by Toothiewabbit

[Ktglfc]

Time to see some top players coming to National Stadium to play :))

And more importantly, our players can go there to train with the best :))

[LoverofCar]

Time to see some top players coming to National Stadium to play :))

And more importantly, our players can go there to train with the best :))

Instead you will see Malaysian players training in valancia... He just signed MOU with Johor JDT between the two clubs...Singapore? Suck our thumbs..and depending on the useless football association.

 

https://sg.sports.yahoo.com/news/jdt-valencia-cf-develop-local-football-020000863.html

Edited October 11, 2014 by LoverofCar

[Hsiao]

Instead you will see Malaysian players training in valancia... He just signed MOU with Johor JDT between the two clubs...Singapore? Suck our thumbs..and depending on the useless football association.

 

https://sg.sports.yahoo.com/news/jdt-valencia-cf-develop-local-football-020000863.html

 

It makes business sense to partner with Johor than our local clubs in terms of spending power.

[Boringchap]

The Valencia crowd chanting his name was really quite a sight to behold. Peter Lim looked really stunned.

 

Anyway, he has pumped a lot of money into the club. More than 200mil Euros to clear the debt, then almost 100Mil Euros to complete their new stadium which has stood unfinished since 2009, and then also buying top players.

 

 

From what I read in the Straits Times, Peter Lim is a self-made billionaire.

 

He put himself through the University of Western Australia, in Perth, by working as a taxi driver, cook and waiter, among other odd jobs, and graduated with a degree in finance and accounting.

 

http://londonproperty123.blogspot.com/2014/10/peter-lim-new-owner-of-valencia.html