SINGAPORE:  , Hispanic soccer team Valencia will have a new experience at the head, after the victim’s son was appointed as its new leader.
In an announcement on the club’s website on Monday ( Mar 3 ), Valencia’s board of directors said that Mr Kiat Lim, who is also known as , Lim Wee Kiat, will take over the role from outgoing president  , Ms Chan Lay Hoon on Wednesday.
He is the brother of Singaporean magnate and Valencia user Peter Lim.
The younger Lim, who has been a producer at Valencia since 2022, “takes on this new role at a key time for the organisation”, said the La Liga team.
” His visit demonstrates a powerful long-term devotion to the team, and reinforces the club’s commitment to ensuring security and building a good job for the future”.
Ms Chan,  , who has been Valencia’s leader across two distinct magic, said she was “pleased to pass the baton to Mr Kiat Lim”.
This interview is a” strong encouragement” of the main company’s ongoing commitment to the team and its potential, she added.
The younger Lim sits on the board of Singapore Exchange (SGX ) -listed Thomson Medical and he was appointed as executive vice-chairman on Sep 1 2022, according to a profile on the group’s website. He is also the president of RSP, an stylistic and architectural design class.
His parents, who is one of the richest people in Singapore, bought Valencia in 2014.  ,
According to media reports earlier on Monday, his , private investment company,  , Meriton Holdings, denied that Valencia was up for sale, following claims by , Spanish radio broadcaster COPE that the club was on the market for around  , €400 million  , ( S$ 562 million ).
Protests against the elder Lim have become ubiquitous in Valencia over the past few years, with flags saying” Lim get home” regularly sighted at La Liga game staged at the team’s Mestalla Stadium.
In October last month, Singapore police issued a harsh reminder to a Spanish partners, whose passports were immediately impounded, amid authorities investigations into their protests against Valencia’s owner.  ,
In the last few seasons, Valencia fans have questioned several decisions made by the football club’s management, including , the selling of star players, the sacking of several head coaches and plans to build a new stadium.
The team is currently languishing in 18th place in the Spanish top flight and in danger of relegation.