Thursday, October 29, 2009

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

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7 Comments:

At 1:28 PM, Anonymous Anonymous said...

Here we go. Finally there seems to be at least some agreement between the two teams on the venue issue. Let's just hope the other pending issues can be worked out too (without further litigation).

 
At 1:29 PM, Anonymous Real e$tate deals said...

LOL. Erne$sto has now become altruistic and won't charge Valencia a single dime.

Sure, after making all those millions with his shoddy real estate deals during the last 5 years, a couple of million less won't ruin him....

Maybe someone should send a letter to the DA to look into Erne$to's rumoured deals in the city of Segundo, very near to Valencia

 
At 1:35 PM, Anonymous Anonymous said...

The city is SAGUNTO, not Segundo.
And im not sure this is the only mistake in your post....

 
At 1:47 PM, Anonymous Anonymous said...

What's the problem here? Mr. Bertarelli (and everybody else too) is free to make any real estate deal they see fit for their purposes. What does this have to do with the AC?

 
At 2:21 PM, Anonymous Anonymous said...

Dear Pierre,

PLEASE, PLEASE, PLEASE... Make the Gary Jobson video stop... every time I open VS I start hearing the guy speaking and it is very annoying

THX

 
At 2:21 PM, Anonymous Anonymous said...

Hooray, Our Alighi Cup is back. Ernesto is national hero!

 
At 7:43 PM, Blogger PowerYachtBlog said...

it said 90% I read, so 10% is how much millions he wants to organize this DOG AC challenge, its a bid as anything else by the Swiss man

 

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