Press report: Valencia and Alinghi reach agreement on 33rd America's Cup
Update 2pm: According to sources close to Alinghi, talks took place between the Defender and the city of Valencia on Wednesday, but this is not a novelty since the two parties are in regular contact. Valencia is an option and Alinghi is also in conversations with other possible venues in the southern hemisphere. The Swiss will obviously wait for Justice Kornreich's order to be issued before evaluating their future steps.
Update: According to various sources we contacted, Rita Barberá, when asked about the alleged agreement with Alinghi, stated it wasn't signed yet but it was "90% done". Go figure what that could mean...
According to an article that just appeared on El Mundo, one of Spain's main newspapers, the mayoress of Valencia, Rita Barberá, and Alinghi representatives reached an agreement to hold the 33rd America's Cup match in Valencia.
According to the article, the agreement was reached on Wednesday night and will be signed shortly and the city of Valencia will not have to pay "a single euro" to Alinghi. According to the same article, the option of a venue in the Southern Hemisphere was ruled out by Alinghi, given the very short time left until the match, scheduled to take place on the 8th of February.
Did Larry Ellison score a very important point, if indeed Alinghi finally picks Valencia as the venue? Cagliari, 26 April 2009. Photo copyright Nico Martinez