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===2014–present: Decline under Peter Lim's ownership=== [[File:Peter Lim.jpg|thumb|left|190px|[[Peter Lim]] has owned Valencia since 2014]] In May 2014, Singaporean businessman [[Peter Lim]] was designated by the Fundación Valencia CF as the buyer of 70.4% of the shares owned by the club's foundation.<ref name="auto1">{{cite news|title=Peter Lim new owner of Valencia|url=http://www.goal.com/en-sg/news/3880/singapore/2014/05/17/4823889/peter-lim-new-owner-of-valencia|website=Goal.com|date=17 May 2014|access-date=18 May 2014|archive-date=22 August 2017|archive-url=https://web.archive.org/web/20170822030012/http://www.goal.com/en-sg/news/3880/singapore/2014/05/17/4823889/peter-lim-new-owner-of-valencia|url-status=live}}</ref><ref name="auto2">{{cite news|title=Singapore businessman Peter Lim buys Valencia|url=http://www.todayonline.com/singapore/singapore-businessman-peter-lim-buys-valencia|newspaper=[[Today (Singapore newspaper)|Today]]|date=17 May 2014|access-date=18 May 2014|archive-date=30 June 2017|archive-url=https://web.archive.org/web/20170630161010/http://www.todayonline.com/singapore/singapore-businessman-peter-lim-buys-valencia|url-status=dead}}</ref> After months of negotiations between Lim and [[Bankia]] (the main creditor of the club), an agreement was reached in August 2014.<ref>{{cite news|title=Lim a signature away from Valencia takeover|url=http://www.marca.com/2014/08/14/en/football/spanish_football/1408050349.html|newspaper=Marca|access-date=17 August 2014|archive-date=16 August 2014|archive-url=https://web.archive.org/web/20140816193355/http://www.marca.com/2014/08/14/en/football/spanish_football/1408050349.html|url-status=live}}</ref> Juan Antonio Pizzi was unexpectedly sacked as head coach and replaced by [[Nuno Espírito Santo]] on 2 July 2014.<ref name="auto"/><ref>{{cite news| url=http://www.uefa.com/memberassociations/association=esp/news/newsid=2121595.html| work=[[The Daily Telegraph]]| title=Nuno takes up Valencia coaching reins| date=3 July 2014| access-date=13 August 2017| archive-date=16 September 2017| archive-url=https://web.archive.org/web/20170916111539/http://www.uefa.com/memberassociations/association=esp/news/newsid=2121595.html| url-status=dead}}</ref> Later, Salvo revealed in an interview that hiring Nuno was one of the conditions Lim had insisted on when buying the club. This raised eyebrows in the media because of Nuno's close relationship with the football agent [[Jorge Mendes]], whose first-ever client was Nuno.<ref>{{cite news| url=http://www.nostresport.com/futbol/primera/item/38908-amadeo-salvo-si-no-viene-nuno-lim-no-hubiera-comprado-el-club/38908-amadeo-salvo-si-no-viene-nuno-lim-no-hubiera-comprado-el-club.html| title=Amadeo Salvo: "Si no viene Nuno, Lim no hubiera comprado el club"| date=10 February 2016}}{{Dead link|date=August 2018 |bot=InternetArchiveBot |fix-attempted=yes }}</ref><ref>{{cite news| url=https://www.theguardian.com/football/2014/sep/22/-sp-jorge-mendes-agent-third-party-ownership-players| work=[[The Guardian]]| title=Valencia sack coach Pizzi, Nuno tipped to take over| date=22 September 2014| access-date=13 August 2017| archive-date=2 December 2016| archive-url=https://web.archive.org/web/20161202021432/https://www.theguardian.com/football/2014/sep/22/-sp-jorge-mendes-agent-third-party-ownership-players| url-status=live}}</ref> Lim and Mendes were also close friends and business partners.<ref>{{cite news| url=http://valenciacf.lasprovincias.es/noticias/2014-01-19/mendes-participan-fondo-compra-20140119.html| title=Lim y Mendes participan en un fondo que compra y vende jugadores| date=19 January 2014| access-date=13 August 2017| archive-date=14 August 2017| archive-url=https://web.archive.org/web/20170814023352/http://valenciacf.lasprovincias.es/noticias/2014-01-19/mendes-participan-fondo-compra-20140119.html| url-status=live}}</ref> Regardless, Nuno's first season was a successful one. Notable signings included [[Álvaro Negredo]], [[André Gomes]] and [[Enzo Pérez]], who had just won the [[LPFP Primeira Liga Player of the Year|Player of the Year]] in the [[Primeira Liga|Portuguese Primeira Liga]].<ref>{{cite news| url=http://en.valenciacf.com/ver/37002/official-vcf-announcement---alvaro-negredo.html| work=Valencia CF| title=Official VCF Announcement – Álvaro Negredo| date=2 September 2014| access-date=13 August 2017| archive-date=30 May 2019| archive-url=https://web.archive.org/web/20190530065359/http://en.valenciacf.com/ver/37002/official-vcf-announcement---alvaro-negredo.html| url-status=live}}</ref><ref>{{cite web |url=http://www.valenciacf.com/ver/39696/presentacion-oficial-de-enzo-perez-como-nuevo-jugador-del-valencia-cf.html |title=Presentación oficial de Enzo Pérez como nuevo jugador del Valencia CF |language=es |trans-title=Official presentation of Enzo Pérez as new player of Valencia CF |date=2 January 2015 |publisher=Valencia CF |access-date=3 January 2015 |archive-date=3 January 2015 |archive-url=https://web.archive.org/web/20150103015222/http://www.valenciacf.com/ver/39696/presentacion-oficial-de-enzo-perez-como-nuevo-jugador-del-valencia-cf.html |url-status=dead }}</ref><ref>{{cite news|url=http://www.record.xl.pt/Futebol/Internacional/espanha/interior.aspx?content_id=895137|title=Valencia regista André Gomes como emprestado pelo Benfica|trans-title=Valencia register André Gomes as loaned by Benfica|newspaper=Record|language=pt|date=17 July 2014|access-date=19 July 2014|url-status=dead|archive-url=https://web.archive.org/web/20140720002942/http://www.record.xl.pt/Futebol/Internacional/espanha/interior.aspx?content_id=895137|archive-date=20 July 2014}}</ref> Valencia finished the [[2014–15 La Liga|2014–15 season]] in fourth place, achieving Champions League qualification with 77 points, just one point ahead of Sevilla after a dramatic final week where they defeated [[Granada CF|Granada]] 4–0.<ref name="auto"/><ref>{{cite news| url=http://www.eurosport.com/football/valencia-climb-back-above-sevilla-in-battle-for-fourth_sto4696279/story.shtml| work=[[Eurosport]]| title=Valencia climb back above Sevilla in battle for fourth| date=27 April 2015| access-date=13 August 2017| archive-date=17 April 2024| archive-url=https://web.archive.org/web/20240417124949/https://www.eurosport.com/geoblocking.shtml| url-status=live}}</ref> On 2 July 2015, Amadeo Salvo resigned from his post as the executive president of Valencia, citing personal reasons. He was a popular figure among the fans.<ref>{{cite news |title=Nani: Valencia sign former Man Utd winger on three-year deal |url=http://www.espn.in/football/valencia/story/2511048/valencia-president-salvo-resigns-five-members-of-staff-exit |date=5 July 2016 |access-date=5 July 2016 |archive-date=13 August 2017 |archive-url=https://web.archive.org/web/20170813145019/http://www.espn.in/football/valencia/story/2511048/valencia-president-salvo-resigns-five-members-of-staff-exit |url-status=live }}{{cite news |title=Valencia president Salvo resigns as five members of staff depart}}</ref> On 10 August 2015, [[Nicolás Otamendi]] was sold to Manchester City for £32 million and [[Aymen Abdennour]] was signed from [[AS Monaco FC|Monaco]] for £22 million as his replacement.<ref>{{cite news|url=https://www.bbc.co.uk/sport/0/football/34002463|title=Nicolas Otamendi: Manchester City sign £32m Argentina defender|work=BBC Sport|date=20 August 2015|access-date=20 August 2015|archive-date=21 August 2015|archive-url=https://web.archive.org/web/20150821005300/http://www.bbc.co.uk/sport/0/football/34002463|url-status=live}}</ref><ref>{{cite web| url = https://www.bbc.com/sport/football/34102819| title = Valencia sign Aymen Abdennour from Monaco| website = BBC| date = 29 August 2015| access-date = 30 August 2015| archive-date = 13 August 2017| archive-url = https://web.archive.org/web/20170813194913/http://www.bbc.com/sport/football/34102819| url-status = live}}</ref> Valencia defeated Monaco in the [[2015–16 UEFA Champions League|Champions League play-off round]] with a 4–3 aggregate victory.<ref>{{cite news| url=https://www.bbc.com/sport/football/34059291| work=[[Eurosport]]| title=Valencia become fifth Spanish team in Champions League| date=26 August 2015| access-date=15 February 2018| archive-date=27 March 2018| archive-url=https://web.archive.org/web/20180327220330/https://www.bbc.com/sport/football/34059291| url-status=live}}</ref> However, Valencia had a poor start to the [[2015–16 La Liga|2015–16 league season]], winning only five out of thirteen matches and failing to progress from the [[2015–16 UEFA Champions League group stage|Champions League group stage]]. The fans were also increasingly concerned about the growing influence of Jorge Mendes in the club's activities.<ref>{{cite news| url=http://sport360.com/article/european/44959/inside-story-how-jorge-mendes-pulls-all-strings-valencia| work=[[Sport 360]]| title=How Jorge Mendes pulls Los Che strings| date=10 November 2015| access-date=13 August 2017| archive-date=20 August 2017| archive-url=https://web.archive.org/web/20170820103440/http://sport360.com/article/european/44959/inside-story-how-jorge-mendes-pulls-all-strings-valencia| url-status=live}}</ref> On 29 November, Nuno resigned as manager and former [[Manchester United F.C.|Manchester United]] defender [[Gary Neville]] was hired as his replacement on 2 December.<ref>{{cite news| url=https://www.bbc.com/sport/football/34960282| work=[[BBC]]| title=Valencia: Nuno Espirito Santo resigns as coach at Spanish club| date=29 November 2015| access-date=15 February 2018| archive-date=13 August 2017| archive-url=https://web.archive.org/web/20170813201938/http://www.bbc.com/sport/football/34960282| url-status=live}}</ref><ref>{{cite news| url=https://www.theguardian.com/football/2015/dec/02/gary-neville-coach-valencia-england| work=[[The Guardian]]| title=Gary Neville appointed Valencia head coach until end of season| date=2 December 2015| access-date=13 August 2017| archive-date=13 August 2017| archive-url=https://web.archive.org/web/20170813151742/https://www.theguardian.com/football/2015/dec/02/gary-neville-coach-valencia-england| url-status=live}}</ref> Valencia went winless for nine matches before earning their first win under Neville in a 2–1 victory at home against Espanyol.<ref>{{cite news|url=https://www.bbc.com/sport/football/35521450|title=Valencia 2–1 Espanyol|work=BBC Sport|date=13 February 2016|access-date=14 February 2016|archive-date=14 February 2016|archive-url=https://web.archive.org/web/20160214012112/http://www.bbc.com/sport/football/35521450|url-status=live}}</ref> On 30 March 2016, Neville was sacked after recording the lowest win percentage in La Liga history for a Valencia manager with minimum of five matches, winning just three out of sixteen games. He was replaced by [[Pako Ayestarán]], who had been brought in by Neville as the assistant coach just one month prior.<ref>{{cite news| url=http://www.goal.com/en/news/13452/opta/2016/03/30/21851192/gary-nevilles-terrible-record-at-valencia-in-full-but-he| work=[[Goal (website)|Goal]]| title=Gary Neville's terrible record at Valencia in full| date=30 March 2016| access-date=13 August 2017| archive-date=29 August 2017| archive-url=https://web.archive.org/web/20170829220722/http://www.goal.com/en/news/13452/opta/2016/03/30/21851192/gary-nevilles-terrible-record-at-valencia-in-full-but-he| url-status=live}}</ref><ref>{{cite news| url=http://www.espn.in/football/valencia/story/2840140/gary-neville-sacked-by-valencia-after-less-than-4-months| work=[[ESPN]]| title=Gary Neville sacked by Valencia after failing to turn fortunes around| date=30 March 2016| access-date=13 August 2017| archive-date=13 August 2017| archive-url=https://web.archive.org/web/20170813145900/http://www.espn.in/football/valencia/story/2840140/gary-neville-sacked-by-valencia-after-less-than-4-months| url-status=live}}</ref> Valencia finished the season in twelfth place. In the summer of 2016, André Gomes and [[Paco Alcácer]] were both sold to Barcelona and [[Shkodran Mustafi]] was sold to Arsenal, while [[Ezequiel Garay]] and former Manchester United player [[Nani (footballer)|Nani]] were brought in.<ref>{{cite news|url=https://www.bbc.com/sport/football/36862314|title=Andre Gomes: Barcelona agree deal to sign Valencia midfielder|work=[[BBC Sport]]|date=21 July 2016|access-date=21 July 2016|archive-date=16 March 2023|archive-url=https://web.archive.org/web/20230316234918/https://www.bbc.com/sport/football/36862314|url-status=live}}</ref><ref>{{cite web|url=https://www.fcbarcelona.com/football/first-team/news/2016-2017/paco-alcacer-signs-for-fc-barcelona|title=Paco Alcácer signs for FC Barcelona|publisher=FC Barcelona|date=30 August 2016|access-date=30 August 2016|archive-date=30 August 2016|archive-url=https://web.archive.org/web/20160830202006/https://www.fcbarcelona.com/football/first-team/news/2016-2017/paco-alcacer-signs-for-fc-barcelona|url-status=live}}</ref><ref>{{cite web|url=http://en.valenciacf.com/ver/60598/vcf-official-statement--ezequiel-garay.html|title=VCF official statement {{!}} Ezequiel Garay|publisher=Valencia CF|date=31 August 2016|access-date=31 August 2016|archive-date=10 September 2016|archive-url=https://web.archive.org/web/20160910135228/http://en.valenciacf.com/ver/60598/vcf-official-statement--ezequiel-garay.html|url-status=live}}</ref><ref name="MustafiArsenal">{{cite web|url=http://www.arsenal.com/news/news-archive/20160830/shkodran-mustafi-signs-for-arsenal|title=Shkodran Mustafi signs for Arsenal|publisher=Arsenal's official website|access-date=31 August 2016|archive-date=1 September 2016|archive-url=https://web.archive.org/web/20160901145727/http://www.arsenal.com/news/news-archive/20160830/shkodran-mustafi-signs-for-arsenal|url-status=live}}</ref><ref>{{cite news |title=Nani: Valencia sign former Man Utd winger on three-year deal |url=https://www.bbc.co.uk/sport/football/36715258 |publisher=British Broadcasting Corporation |date=5 July 2016 |access-date=5 July 2016 |archive-date=8 July 2016 |archive-url=https://web.archive.org/web/20160708150930/http://www.bbc.co.uk/sport/football/36715258 |url-status=live }}{{cite news |title=Nani: 'United contract could have been best moment of my life – but it turned into the worst' |url=https://www.theguardian.com/football/2016/aug/17/nani-manchester-united-best-worst-moment-life |newspaper=The Guardian |date=17 August 2016 |access-date=17 August 2016 |archive-date=17 August 2016 |archive-url=https://web.archive.org/web/20160817200415/https://www.theguardian.com/football/2016/aug/17/nani-manchester-united-best-worst-moment-life |url-status=live }}</ref> Pako Ayestarán was sacked on 21 September 2016 after four straight defeats at the beginning of the [[2016–17 Valencia CF season|2016–17 season]]. Former [[Italy national football team|Italy national team]] head coach [[Cesare Prandelli]] was hired as his replacement on 28 September.<ref>{{cite web|url=http://en.as.com/en/2016/09/28/football/1475055500_557997.html|title=Struggling Valencia appoint Cesare Prandelli as new coach|date=28 September 2016|publisher=As.com|access-date=28 September 2016|archive-date=1 October 2016|archive-url=https://web.archive.org/web/20161001214936/http://en.as.com/en/2016/09/28/football/1475055500_557997.html|url-status=dead}}</ref> However, he resigned after just three months on 30 December, claiming the club had made him false transfer promises.<ref>{{cite web|url=http://www.espn.in/football/valencia/story/3031989/cesare-prandelli-quit-valencia-over-broken-transfer-promises|title=Cesare Prandelli quit Valencia over broken transfer promises|publisher=ESPN|date=4 January 2017|access-date=13 August 2017|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813211556/http://www.espn.in/football/valencia/story/3031989/cesare-prandelli-quit-valencia-over-broken-transfer-promises|url-status=live}}</ref> Days later, on 7 January 2017, Valencia sporting director [[Jesús García Pitarch]] also resigned, saying he felt like he was being used as a shield for criticism by the club and that he could not defend something he no longer believed in.<ref>{{cite web|url=http://www.sport-english.com/en/news/laliga/valencias-garcia-pitarch-resigns--is-replaced-by-alexanko-5730274|title=Valencia's Garcia Pitarch resigns & is replaced by Alexanko|publisher=sport-english|date=7 January 2017|access-date=13 August 2017|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813181446/http://www.sport-english.com/en/news/laliga/valencias-garcia-pitarch-resigns--is-replaced-by-alexanko-5730274|url-status=live}}</ref><ref>{{cite web|url=http://www.europapress.es/deportes/futbol-00162/noticia-garcia-pitarch-me-he-sentido-paraguas-20170110215331.html|title=García Pitarch: "Me he sentido como un paraguas"|publisher=epdeportes.es|date=10 January 2017|access-date=13 August 2017|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813152330/http://www.europapress.es/deportes/futbol-00162/noticia-garcia-pitarch-me-he-sentido-paraguas-20170110215331.html|url-status=live}}</ref> [[Salvador González Marco|Voro]] was named caretaker manager for the fifth time until the end of season, with Valencia in 17th position and in danger of relegation.<ref>{{cite news|url=http://www.laliga.es/en/news/voro-takes-valencia-helm-again-after-cesare-prandelli-resigns|title=Voro takes Valencia helm again after Cesare Prandelli resigns|publisher=[[La Liga]]|date=30 December 2016|access-date=4 January 2017|archive-url=https://web.archive.org/web/20170104164432/http://www.laliga.es/en/news/voro-takes-valencia-helm-again-after-cesare-prandelli-resigns|archive-date=4 January 2017|url-status=dead}}</ref> However, results improved under Voro and he steered Valencia clear off relegation, ultimately finishing the season in 12th place.<ref>{{cite news|url=http://www.goal.com/en/news/voro-valencia-coach-laliga/1huuv106purj61dwdxadz8xsg7s|title=VORO CONFIRMS HE IS TO BE REPLACED AS VALENCIA COACH|date=6 May 2017}}{{Dead link|date=December 2021 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> On 27 March, Mateu Alemany was named the new director general of Valencia.<ref>{{cite news|url=http://www.elmundo.es/deportes/futbol/2017/03/27/58d8eceb46163fa67b8b45db.html|title=DEPORTeS Mateu Alemany, nuevo director general del Valencia CF|publisher=[[elmundo.es]]|date=27 March 2017|access-date=13 August 2017|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813145519/http://www.elmundo.es/deportes/futbol/2017/03/27/58d8eceb46163fa67b8b45db.html|url-status=live}}</ref> [[File:Valencia Club de Fútbol league performance 1929-present.svg|thumb|300x300px|Chart of Valencia CF league performance 1929–present]] The club also announced club president [[Lay Hoon Chan]] had submitted her resignation and that she would be replaced by [[Anil Murthy]].<ref>{{cite news|url=http://www.espn.in/football/valencia/story/3100755/layhoon-chan-to-step-down-as-president-of-valencia|title=Layhoon Chan to step down as president of Valencia|publisher=[[ESPN]]|date=10 April 2017|access-date=13 August 2017|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813153218/http://www.espn.in/football/valencia/story/3100755/layhoon-chan-to-step-down-as-president-of-valencia|url-status=live}}</ref> After rumors arose of Lim's attempts at selling the club, Murthy assured the fans and local media that Valencia was a long-term project for both him and Lim, and they would not consider selling the club.<ref>{{cite news|url=http://www.espn.in/football/valencia/story/3101248/owner-peter-lim-would-not-sell-valencia-for-one-billion-euros-anil-murthy|title=Owner Peter Lim 'would not sell Valencia for €1bn' – Anil Murthy|publisher=[[ESPN]]|date=11 April 2017|access-date=13 August 2017|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813225735/http://www.espn.in/football/valencia/story/3101248/owner-peter-lim-would-not-sell-valencia-for-one-billion-euros-anil-murthy|url-status=live}}</ref><ref>{{cite news|url=http://www.todayonline.com/sports/football/new-valencia-president-anil-murthy-vows-rebuild-team-future|title=New Valencia president Anil Murthy vows to rebuild club for years to come – Anil Murthy|date=3 July 2017|access-date=13 August 2017|archive-date=13 August 2017|archive-url=https://web.archive.org/web/20170813225902/http://www.todayonline.com/sports/football/new-valencia-president-anil-murthy-vows-rebuild-team-future|url-status=live}}</ref> For the following season, former Villarreal coach [[Marcelino García Toral|Marcelino]] was named the new manager on 12 May.<ref>{{cite news|url=https://www.bbc.com/sport/football/39893859|title=Valencia name Marcelino Garcia Toral as sixth boss in two years|publisher=[[todayonline]]|date=12 May 2017|access-date=15 February 2018|archive-date=19 June 2018|archive-url=https://web.archive.org/web/20180619222816/https://www.bbc.com/sport/football/39893859|url-status=live}}</ref> After a successful first season under Marcelino, the club secured fourth place in La Liga and a return to the Champions League. In Marcelino's second season, Valencia again finished fourth and also reached the semi-finals of the [[2018–19 UEFA Europa League|UEFA Europa League]]. On 25 May 2019, Valencia won the [[2018–19 Copa del Rey|Copa del Rey]], their first trophy since 2008, upsetting league winners Barcelona 2–1 in the [[2019 Copa del Rey final|final]].<ref>{{cite web|url=https://www.theguardian.com/football/2019/may/25/barcelona-valencia-copa-del-rey-final-match-report|title=Valencia shock Barcelona in Copa del Rey final despite Messi's best efforts|date=25 May 2019|work=The Guardian|access-date=27 May 2019|archive-date=10 June 2019|archive-url=https://web.archive.org/web/20190610090514/https://www.theguardian.com/football/2019/may/25/barcelona-valencia-copa-del-rey-final-match-report|url-status=live}}</ref> Both Marcelino and sporting director [[Mateu Alemany]], who were credited as the architects of this success,<ref name=":0">{{Cite web|last=|first=|date=10 July 2020|title=Lim's fortune rescued Valencia, but his missteps and assertion of authority is tearing them apart|url=https://global.espn.com/football/valencia/story/4130690/lims-fortune-rescued-valencia-but-his-missteps-and-assertion-of-authority-is-tearing-them-apart|access-date=5 February 2021|website=ESPN|archive-date=13 February 2021|archive-url=https://web.archive.org/web/20210213044828/https://global.espn.com/football/valencia/story/4130690/lims-fortune-rescued-valencia-but-his-missteps-and-assertion-of-authority-is-tearing-them-apart|url-status=live}}</ref> were fired on 11 September 2019 after the former publicly criticized Lim.<ref name=":0" /> He was replaced by the ultimately unsuccessful [[Albert Celades]], who was sacked due to poor results, while sporting director [[César Sánchez]] resigned that same season,<ref name=":0" /> making it six different managers and another six sporting directors by 2020.<ref>{{Cite web|date=30 June 2020|title=Chaos reigns at Valencia as coach is sacked, sporting director quits|url=https://indianexpress.com/article/sports/football/chaos-reigns-at-valencia-as-coach-is-sacked-sporting-director-quits-6482835/|access-date=5 February 2021|website=The Indian Express|archive-date=13 February 2021|archive-url=https://web.archive.org/web/20210213034217/https://indianexpress.com/article/sports/football/chaos-reigns-at-valencia-as-coach-is-sacked-sporting-director-quits-6482835/|url-status=live}}</ref> For the 2020–21 season, manager [[Javi Gracia]] was hired. He was put in charge of a team full of prospects and reserves after the club failed to sign any players during the summer transfer window,<ref>{{Cite news|date=8 October 2020|title=Valencia coach Gracia staying after offering resignation|language=|work=Reuters|url=https://www.reuters.com/article/soccer-spain-vcf-idINKBN26T34W|access-date=5 February 2021|archive-date=31 January 2022|archive-url=https://web.archive.org/web/20220131225422/https://www.reuters.com/article/soccer-spain-vcf-idINKBN26T34W|url-status=live}}</ref> but sold key players such as captain [[Dani Parejo]].<ref>{{Cite web|date=12 August 2020|title=Pressure on Peter Lim as Valencia sell Coquelin and Parejo to Villarreal|url=http://www.theguardian.com/football/2020/aug/12/pressure-grows-on-valencias-peter-lim-as-francis-coquelin-is-sold-to-villarreal|access-date=5 February 2021|website=The Guardian|archive-date=4 February 2021|archive-url=https://web.archive.org/web/20210204175733/https://www.theguardian.com/football/2020/aug/12/pressure-grows-on-valencias-peter-lim-as-francis-coquelin-is-sold-to-villarreal|url-status=live}}</ref> Local wonderkid [[Ferran Torres]] was also sold to [[Manchester City F.C.|Manchester City]] for a price deemed half his market value.<ref name=":22" /> Overall, Valencia sold players worth 85 million euros in order to rebalance the club's books.<ref name=":2">{{Cite news|last=Panja|first=Tariq|date=5 February 2021|title=They Hailed the New Owner as a Savior. Then They Got to Know Him.|language=en-US|work=The New York Times|url=https://www.nytimes.com/2021/02/05/sports/soccer/valencia-peter-lim.html |archive-url=https://ghostarchive.org/archive/20211228/https://www.nytimes.com/2021/02/05/sports/soccer/valencia-peter-lim.html |archive-date=28 December 2021 |url-access=limited|access-date=5 February 2021|issn=0362-4331}}{{cbignore}}</ref> At the beginning of the season, the club was unable to pay the salaries to the remaining players.<ref>{{Cite web|last=|first=|date=17 August 2020|title=Valencia, unable to pay players' wages, offer promissory notes|url=https://en.as.com/en/2020/08/17/football/1597674670_133738.html|access-date=5 February 2021|website=AS|language=en|archive-date=23 January 2021|archive-url=https://web.archive.org/web/20210123122346/https://en.as.com/en/2020/08/17/football/1597674670_133738.html|url-status=dead}}</ref> After six seasons under Peter Lim's ownership, Valencia had accumulated losses of 323 million euros,<ref>{{Cite web|date=11 December 2020|title=Peter Lim, dueño y prestamista del Valencia|url=https://www.elmundo.es/deportes/futbol/2020/12/11/5fd3bc9afdddff0c5d8b4647.html|access-date=5 February 2021|website=El Mundo|language=es|archive-date=13 February 2021|archive-url=https://web.archive.org/web/20210213034217/https://www.elmundo.es/deportes/futbol/2020/12/11/5fd3bc9afdddff0c5d8b4647.html|url-status=live}}</ref> In the following years, the playing squad was cut significantly in terms of quality and Lim's ownership has faced strong criticism in Valencia.<ref name=":22" /><ref name=":2" /><ref name=":1">{{Cite news|last=Corrigan|first=Dermot|title='He had everything. And he destroyed it': Peter Lim's six years at Valencia|url=https://theathletic.com/2186851/2020/11/16/valencia-la-liga-peter-lim/|access-date=5 February 2021|website=The Athletic|archive-date=13 February 2021|archive-url=https://web.archive.org/web/20210213044828/https://theathletic.com/2186851/2020/11/16/valencia-la-liga-peter-lim/|url-status=live}}</ref> In the 2021–22 season, [[José Bordalás]] was hired as head coach, following his five-season tenure with Getafe.<ref>{{cite web|title=Valencia Club de Fútbol|url=https://www.valenciacf.com/en/article/en-official-statement-jose-bordalas-2021-05-27|access-date=26 October 2021|publisher=Valencia CF|archive-date=26 October 2021|archive-url=https://web.archive.org/web/20211026024338/https://www.valenciacf.com/en/article/en-official-statement-jose-bordalas-2021-05-27|url-status=live}}</ref> Valencia reached the [[2022 Copa del Rey final|Copa del Rey final]] final in Bordalás' first season in charge, but lost to [[Real Betis]] on penalties following a 1–1 draw. In June 2022, Anil Murthy left after reportedly insulting the club's owner. Peter Lim's sons became club directors and Lay Hoon Chan returned as the club President.<ref>{{Cite news |last=Kwek |first=Kimberly |date=2022-08-20 |title=Football: Chan Lay Hoon appointed Valencia president again, replaces Anil Murthy |url=https://www.straitstimes.com/sport/football/football-chan-lay-hoon-appointed-valencia-president-again-replaces-anil-murthy |access-date=2024-04-09 |work=The Straits Times |language=en |issn=0585-3923 |archive-date=9 April 2024 |archive-url=https://web.archive.org/web/20240409201841/https://www.straitstimes.com/sport/football/football-chan-lay-hoon-appointed-valencia-president-again-replaces-anil-murthy |url-status=live }}</ref>
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