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    Soler agrees to sell stake in debt-ridden Valencia

    Friday, July 25, 2008

    MADRID, July 25 (Reuters) - Valencia's majority shareholder Juan Soler has sacked the club's recently appointed financial consultant Juan Villalonga and agreed to sell his shares in the debt-ridden Primera Liga outfit to former rival Vicente Soriano. The club, in danger of financial meltdown, has been in a state of internal turmoil over the last few seasons with Soler under increasing pressure to step aside. Villalonga, the former head of Spanish telecommunication giants Telefonica, was brough ...

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