There are three essential dates: May 15, June 30 and the end of September
ANDl Valencia in his particular countdown. Has entered in one of the final and decisive straights of its history. Live the most momentous six months of your 102 years. It remains to be seen what remains that September 30. Key date. Exactly half a year from now …
The agenda is packed with expiration dates. And each one more lethal. The club has been plunged over time into a process of decomposition mainly due to the decision of its owner that, for the inputs that leaves on the way, has been losing faith in the ‘toy that was bought’ back in May 2014.
What has become the fashion script of Valencia de Meriton in recent times: Self-management in a radical plan … and it is complex. It seems that the title achieved in May 2019 has meant for the property to reach a ceiling and since then all the maneuvers that are made give indications of a ship adrift.
The next six months are crucial. And meanwhile they flutter around the club potential buyers. Foreigners and land and in between the enigmatic pose of Peter Lim about. At the moment, that uncompromising stance is what he maintains on that kind of chessboard. Especially since he decided that he was pressing the return of the loans granted to the club. Lim strained short-term payments with the maturity of the one-year loans.
Valencia’s agenda is full of crucial moments in the coming months:
May 15, 2021
Expiration of the ATE. The serious sports and social problem. It envelops everyone. To level political and corporate for the entity. The ATE has a deadline. The old Mestalla and its lands … and especially the New Mestalla. The Valencian government has said enough and last year the mask has been removed in search of a reaction from the club’s owners that does not come. Time is short. The club, in fact, It has already provisioned funds worth 15 million euros who loses for that privilege. At the moment, the struggle between politicians and the owner continues to rise. But that movement in the club’s accounts is already an indication.
June 30, 2021
The budget of Valencia is more never caught with tweezers. As every year gives deficit and this exercise the amounts exceed 30 million euros, which, as is the usual trend You must exit from the sale of assets. And the main asset of this society are the players … As long as they have to sell. That ‘self-management’ that Meriton has imposed only looks to obtain resources with the sale of players. To all this we will have to add the forecast of income from mid-season ticket offices but the pandemic has not allowed fans to enter the stadium and that game will have to be compensated. Of the 26.5 million in negative of the budget it will increase with what the need to enter will be 31 kilos.
This budget includes that the 18 million of the loan must be returned to pay tokens last summer, the 20 kilos to banks, the almost 2.5 to public entities …
September 2021
The 54.5 million euros that the owner of Valencia put in his club are mandatory. Stop now because it appears in the accounts. “It will be the club who will decide when and for how much (the players) are sold, but in those amounts of the sale they would go to pay the overdue loans. The only thing Meriton has done is to exercise its right of recovery,” said Anil Murthy at the last Shareholders’ Meeting.
Despite his status as a billionaire, his disenchantment with football and especially with ‘his’ Valencia, leaves the entity in a complex position. He invested in his day … And he lent. In the report of the budget for the financial year 2020-21 there is a review in which the owner has a ‘safeguard’. You have the rights of up to eight players to in If the club could not correct this ‘self-loan from the owner himself’, it would have an impact on the sales of a series of strategic players going directly to the accounts of the Asian to pay off the hypothetical debt if necessary.
