Juan Velasco Alvarado hardware. Relations between the United States and Peru were tense and even hostile, as soon as General Velasco and his junta took power. Just five days after Velasco seized power in 1968, the General began the nationalization of the Peruvian Economy with the expropriation and nationalization of the American International Petroleum Company (IPC) oil fields located in the northern Peruvian oil port and refinery of Talara, Piura, near the Peruvian border with Ecuador, Piura, being the region where Velasco was born. IPC was a subsidiary of Standard Oil, and although the claims over the IPC were ultimately resolved in negotiations
Juan Velasco Damas spending the first months of the new campaign without a club, he signed a three-month contract with Football League Championship side Norwich City, following a successful trial; at the end of the season he left for Panthrakikos FC, freshly promoted to the Superleague Greece. After one-and-a-half seasons of relative playing time, Velasco moved teams in January 2010 but stayed in the country, signing with Athlitiki Enosi Larissa FC. He retired in June of the following year at the age of 34, and in 2013 returned to football, being appointed manager at Xerez CD B. On 13 October 2016, Velasco signed