Valencia 0 Lyon 2: Gary Neville’s first game in charge of Valencia ended in an embarrassing defeat — with his team humbled 2-0 at home by Lyon to crash out of the Champions League.

Manchester United captain turned Sky Sports star pundit Gary Neville has taken on a fiendishly difficult challenge in his first job in management in charge of troubled Valencia.

The locals are very restless at Valencia, as fans and pundits now realise what it’s like supporting a club controlled by Singapore businessman Peter Lim and Portuguese super-agent Jorge Mendes.

Real Madrid star Cristiano Ronaldo has sold his image rights to Singaporean tycoon Peter Lim, owner of Primera Division club Valencia.

Valencia claim have hired former Manchester United coach Phil Neville as assistant to head coach Nuno Espirito Santo after the departure of Scotsman Ian Cathro.

Forget the London clubs. Forget Manchester. Forget Paris, Monaco and Rome. The most significant foreign investment in European football came last week and it’s not Russian, Arab or American but Chinese, writes David Shonfield.

The acquisition of Salford City Football Club, partly-owned by former Manchester United stars Gary and Phil Neville, Ryan Giggs, Paul Scholes and Nicky Butt, has been formally approved by the Football Association and the Northern Premier League.

Wealthy Singapore businessman Peter Lim is set to take a 50% stake in Salford City FC — the club owned by the five former Manchester United players known as the ’Class of ’92’.

Atletico Madrid shocked maybe even themselves by breaking the big two’s grip on the La Liga title for the first time since 2004, but still the 2014/15 La Liga season will likely be another shoot-out between Real Madrid and Barcelona.

At first sight, this winter’s transfer window was spectacularly boring, unless you happen to support Manchester United, Chelsea or possibly Newcastle; but appearances can be deceptive.

Liverpool’s directors today turned their attention to removing an “unwarranted and damaging” restraining order as they attempted to complete the controversial sale of the club.

THE battle for control of Liverpool took a sensational twist late last night after owners Tom Hicks and George Gillett claimed to have won a temporary restraining order from the Texas State District Court preventing the sale of the club.

American businessman John Henry looks to be one step closer to completing his takeover of Liverpool after arriving at the London offices of the legal firm where the club’s board are meeting to discuss the sale.

Liverpool are poised for new American owners as John Henry claims to have "a binding agreement" with regard to the sale of the club.

Liverpool chairman Martin Broughton is convinced the club now has "a great future" following a momentous day in the British High Court.

The High Court today granted injunctions that could open the way for the prompt sale of Liverpool.

A ruling is expected in the High Court this morning which could have far-reaching consequences for the future of Liverpool.

LIVERPOOL’s immediate future is set to be decided by Mr Justice Floyd in Britain’s High Court today after a day of twists and turns both inside and outside the courtroom.

EVEN the imaginations of those revered masters of comic opera, Gilbert and Sullivan, could not have devised a more topsy-turvy world than the august, 19th century, Courts of Justice in the Strand yesterday.

Liverpool’s immediate future is set to be decided by Mr Justice Floyd in the High Court in Britain tomorrow after a day of twists and turns both inside and outside the courtroom.

Liverpool’s immediate future is set to be decided by Mr Justice Floyd in the High Court tomorrow after a day of twists and turns both inside and outside the courtroom.

Liverpool owners Tom Hicks and George Gillett feel their position has been strengthened by a new bid to buy the club by Singapore businessman Peter Lim but the High Court will decide whether negotiations should be reopened.

Liverpool's complicated ownership issues took another twist today when Singapore businessman Peter Lim lodged an increased offer for the club.

Liverpool's major creditors the Royal Bank of Scotland will today seek High Court confirmation that the club's owners Tom Hicks and George Gillett are in breach of contract and not in a position to block a sale.

The Singapore-based consortium also interested in Liverpool FC have emerged as being led by billionaire Peter Lim.