The Valencia Board of Directors meets this Thursday, just one day after LaLiga has made it official that the Mestalla club will see its Financial Fair Play limit cut to 30 million euros , the lowest in the First division. Valencia have seen how in two seasons their salary limit went above 183 million euros, in 2019- 20 to 30 , a reduction of 81%, which leaves little room for maneuver for financial and sporting viability in the short term.
The council had planned to meet this Thursday, in videoconference from the clubhouse, to approve the accounts for the 2021-22 season and study the conditions under which the club will receive the income from LaLiga Impulso, after the clubs have approved the signing with the CVC fund. In this section, the obligations with the new stadium. But the reduction of the staff cost imposed by LaLiga will also be a main issue, although in this case it is Peter Lim, who does not usually participate in these meetings, who has to authorize the Valencia’s position and future decisions.
At the next general meeting of shareholders, Meriton will insist on the three factors that have led the club to this situation: the high cost of staff since the 2019-20 season, the absence of income from the Champions League and the effects of the pandemic at all levels -reduction of advertising and sponsorship income- as a final highlight.
Lim’s capital injection
Anil Murthy has been defending since the market close -he did it through the official club media- that the great effort of the club and Peter Lim has been to keep the best players when everything indicated that it would be a summer of forced sales ( with Guedes, Maxi , Gayá, Carlos Soler as main assets) In fact, this -the absence of sales- is one of the factors that also penalizes in the LaLiga rules.
Another option to loosen the knot of financial fair play in Valencia’s throat would be a direct capital injection from Peter Lim. The largest shareholder It extended this summer the cancellation (the collection) of the two loans granted to Valencia for a value of 54.5 million euros, with a percentage of television income and the federative rights of eight footballers as collateral. And in this case, if you decide not to collect them, the option is to capitalize them (convert them into shares), which would reduce the club’s short debt.
December 2022
The fact is that due to the lack that LaLiga gave to the clubs due to the pandemic, Valencia, like the rest, has until December 2022 to regularize the situation. The Mestalla club is “exceeded”, a term used in LaLiga, in a considerable way and the massive sale to reduce the cost of staff and reward the Fair Play seems the only real solution. Currently the cost of the Valencia squad is double the salary limit. The club has preferred not to sell its franchise players in this market, whom it cannot support with these minimum income , to try to revalue them during this season, since with the extension of LaLiga in time, in the next market they consider that they could get a greater slice of the sales that should be produced in a required.
Note: This article has been indexed to our site. We do not claim ownership or copyright of any of the content above. To see the article at original source Click Here
Dog Shock Collar with Remote Control - Rechargeable Dog Training Collar, IPX7 Waterproof E Collar for Dogs with 4 Safe Modes Flashlight Beep Vibration Shock Ideal for All Dog Sizes (8-150lbs)
$25.99 (as of March 9, 2025 19:44 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
KitchenAid Ribbed Soft Silicone Oven Mitt Set, 7"x13", Aqua Sky 2 Count
$16.47 (as of March 9, 2025 19:46 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Amazon Basics Digital Kitchen Scale with LCD Display, Batteries Included, Weighs up to 11 pounds, Black and Stainless Steel
$11.49 (as of March 9, 2025 20:21 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Visa $100 Gift Card (plus $5.95 Purchase Fee)
$105.95 (as of March 9, 2025 19:46 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
