According to Las Provincias, Valencia's main newspaper, the official contract between America's Cup Management and the three Spanish public administrations (central government, region of Valencia and city of Valencia) will be signed in Valencia tomorrow Tuesday, September 4th.

Although Valencia was announced as the host the city of the 33rd America's Cup in 2009 last July, no formal contract had been signed to this date because of the disagreement among the three public entities regarding the powers each one will have in this edition of the event.

For that reason, always according to the same article, the President of the Valencia region and the mayor of Valencia met on Monday with high-level representatives of the central government in Madrid in order to agree on the person that will preside the public entity that represents Spain in the America's Cup organization.

In the 32nd edition the president was the mayor of Valencia but this time, according to the article, the central government will try to impose its own president. For that reason, hard bargaining is expected to take place till the last moment before the minister of Public Affairs arrives in Valencia on Tuesday morning in order to put her signature on the contract.

As a result, if this information is correct, starting 4 September 2007, Valencia will officially be the host city of the 33rd America's Cup, unless of course the New York Supreme Court decides to the contrary.