Sinaporeans Buy Share in Oviedo, Tanjong Pagar Get Vallee

In Spanish football news, 

A group of 7 Singaporean fans have become shareholders in struggling Real Oviedo. 

The Spanish 3rd division club last played in La Liga in 2001 and nurtured talents such as Juan Mata, Santi Cazorla, and Michu. 

And they are currently facing liquidation unless they can raise some 2.5 million US dollars by Saturday. 

In a bid to raise the money, Oviedo have decided to sell shares at 14 US dollars apiece. 

And besides the local fans who've bought into the club, some of the more famous names who've pledged help are Real Madrid president Fiorentino Perez and former Spain striker Raul. 

Satying with football, 

Tanjong Pagar United have signed former Etoile FC coach Patrick Vallee. 

The Frenchman led his former club to the title 2 years ago and replaces Terry Pathmanathan as coach. 

Vallee put pen to paper on a one year deal with an option for another year. 

Former S-League giants Tanjong Pagar won the 1998 Singapore and FA Cups but quit the league in 2004 due to financial problems. 

They returned to the competition only last year.