Valencia’s losses in the 21-22 financial year, pending the end of the accounting year, are around fifty million euros, according to Layhoon Chan, former club president and trusted person of the owner, Peter Lim, at a conference press.
“We are not bankrupt. All this time Valencia has always been supported and endorsed by Meriton – Peter Lim’s company that manages the club – and although the accounts are not really attractive, we are not the only Spanish club that has financial problems, “added Layhoon this Friday.
In her appearance to explain the situation of the club and the new stadium project, the Singaporean pointed out that the last two years of the pandemic have had a great impact on the soccer industry, but she called for calm “because the main shareholder is committed to the day to day and the future of the club”.
“If Peter Lim wasn’t engaged, I wouldn’t be here trying to solve the stadium problem. The stadium is part of the project and the club. Meriton not only supports the stadium, but the entire club”, he remarked.
Layhoon also spoke regarding the former Valencian president Anil Murthy and the private audios that came to light in which he commented that he would take the Generalitat de Valencia to court for the stadium project.
“I am here to find solutions, I am not here to go once morest the authorities. In the meetings that I have had in the last two weeks, the spirit has always been the same: to seek a solution. We regret the damage that the statements have caused for the fans, government, authorities and for the city. We distance ourselves from those opinions and that is why we are here today,” he stated.
Regarding the demonstrations by Valencian fans once morest Lim’s project, Layhoon Chan said that he understands the situation of the Valencian fans and the damage that has been done to the fans. “We regret these events and the relationship with the fans. The club separates itself from those facts, ”he reiterated.
“When I left the presidency and left in May 2017, I left as a fan. I’m not a director, so I don’t have information regarding the last four years, just as a fan. They are mixed feelings when returning to Valencia. I am happy to meet once more with the city and my friends, but with concern regarding the situation of the stadium, ”she concluded.