KEY POINTS:
The Golden Gate Yacht Club said yesterday it will agree to "comprehensive new compromises" to get the America's Cup back on track for Valencia in 2009 if Alinghi disclose the rules for the new boats.
"We are looking forward to putting this dispute about the rules behind us and racing for the America's Cup in 2009 in Valencia as planned," BMW Oracle Racing head Larry Ellison said.
"That's what we want, and that's what all the challengers want, but it is impossible to accept a design rule that we have never seen.
The American team has told challengers it is ready to agree to wide-ranging new proposals discussed over the last 24 hours if it can confirm for itself that the design rule developed by Alinghi is fair for all competitors."