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===Mid to late 1980s: Stagnation and relegation=== [[File:Inauguració del Camp de la Forana (Alginet, País Valencià, 1980).jpg|thumb|Line-up in a friendly match in [[Alginet]], August 1980. Up: [[Darío Felman|Felman]], [[José Luis Manzanedo|Manzanedo]], [[Orlando Giménez]], [[José Cerveró|Cerveró]], [[Pedro Vilarrodá|Vilarrodà]], [[Javier Subirats|Subirats]], [[José Carrete|Carrete]], and [[Ricardo Arias (footballer)|Arias]]. Down: [[Mario Alberto Kempes|Kempes]], [[Fernando Morena|Morena]], and [[Juan Cruz Sol|Sol]].]] In 1982, the club appointed [[Miljan Miljanić]] as coach. After a disappointing season, Valencia was in 17th place and faced [[Promotion and relegation|relegation]] with seven games left to play. Koldo Aguirre replaced Miljanić as coach, and Valencia barely avoided relegation that year, relying on favorable results from other teams to ensure their own survival. In the 1983–84 and 1984–85 seasons, the club was heavily in debt under the presidency of Vicente Tormo. The club finally hit rock bottom when it was relegated at the end of the 1985–86 season, and riven with internal problems such as unpaid player and staff wages, as well as poor morale. The club was relegated for the first time after 55 years in Spanish top-flight football. Arturo Tuzón was named the new club president, and he helped steer Valencia back to La Liga. [[Alfredo Di Stéfano]] returned as coach in 1986 and Valencia won [[Promotion and relegation|promotion]] again following the 1986–87 season. Di Stéfano stayed on as coach until the 1987–88 season, when the team finished in 14th position in La Liga. [[Bulgaria]]n forward [[Luboslav Penev]] joined the club in 1989, as Valencia aimed to consolidate their place in La Liga. In the [[1988–89 La Liga]] season, Valencia finished third, which would signal their competitiveness going into the 1990s.
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