I think Valencia failed to keep the Stadium investment off their balance sheet and that makes the balance sheet debt look so big.It was revealed today that Valencia CF debts 790 millions of euros.
That's a too big of a debt for a club like Valencia.
I think Valencia CF will die in 2 or 3 years.
if valencia are going to survive, they need the money from european compsThat is too many debts for ANY club. I hope Platini gets the go-ahead soon to ban clubs from European entry as soon as irregular debts occur. I actually thought such a system was in use already in theory, after all there are European licenses now, no? Or is that basically a criteria to punish off some small teams to set a deterrant, while leaving the big guns untouched?
I support Platini's idea to ban clubs in severe debts from European entry. Nothing against Valencia, but this rule would at least force clubs to clean up their dirt first before making new expensive purchases. It just is worrying that the one after the other reputated club is joining the list of clubs with financial worries.
That's tough luck then, other clubs who don't make debts in the first place also need that money to grow. Who deserves that money most: a club who first makes debts and then makes demands to have UEFA paying off those debts through CL participation, or an honest club who works her way into Europe without making debts??if valencia are going to survive, they need the money from european comps