Valencia CF successfully complete restructuring and strengthening of capital structure
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The Board of Directors of Valencia CF wish to address recent events which have regrettably affected the club’s relationship with fans, government authorities and the community.
The Board would like to clarify that the content of the leaked conversations between Anil Murthy and various third parties are the personal views of Anil Murthy and not of Valencia CF. Valencia CF disassociates itself from his views.
The Board values the importance of a close relationship between the club, the community, fans, government authorities, media and other stakeholders. The Board hold the view that a change in leadership is required, in order to regain the trust of the fans and the community and put Valencia CF in a position for success. Effective immediately, Anil Murthy will cease to be both President and an employee of Valencia CF.
The Board is pleased to announce the appointment of Sean Bai as acting Director General on an interim basis. Mr. Bai has been with the club since 2018 and is currently the Director of the VCF Academy. During this interim period, he will primarily oversee the football operations of Valencia CF and report to the Board.
The Board will immediately commence a search process to appoint a new President for Valencia CF, and an announcement will be made in due course. In the meantime, Khojama Kalimuddin, a Non-Executive Director of the Board of Valencia CF, will stand in as President of the Board of Directors to oversee the administration of the club during this interim period.
The Board would like to reiterate that Valencia CF are fully committed to achieving long-term growth and success, and to complete the construction of the new Mestalla stadium. We look forward to working with fans, authorities and other relevant stakeholders to achieve these objectives.
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