Archive | The Club

Soriano takes control of VCf

Posted on 05 July 2009 by seun

href="http://www.armadanaranja.com/wp-content/uploads/soriano021.jpg">

width="150" height="204" />

Vicente Soriano is now the new owner of Valencia CF.

He has

purchased 51% of Valencia shares with the aid of an American investment group whose identity is still

anonymous.

Vicente Soriano purchased the shares owned by former president Juan Soler and Vicente

Silla.

All this have happened following a month of Manuel Llorente in power.

Soriano intends to

regain power at the helms of Valencia CF.

He will be making an official return at a press conference

scheduled for Monday,

Comments (3)

Mass exodus in the works at Valencia?

Posted on 05 March 2009 by Kyle

title="Javier Gomez and Vicente Soriano"

src="http://www.armadanaranja.com/wp-content/uploads/javier-gomez-and-vicente-soriano-300x205.jpg" alt=""

width="300" height="205" />New Valencia President, Javier Gomez, has said that,”The club is in a very delicate

situation. It has to control spending, grow income and sell assets”.

When asked about possibly selling

star players like David Villa and David Silva, Gomez responded, “Obviously we will consider that type of

action,” he said. “We have to control costs and the biggest cost in a football club is maintaining a

team.”

Gomez added: “Before, we had a plan that was based purely on selling the land, now we need to

seek alternatives. We need to win back credibility with the financial institutions.”

Vicenete Soriano

will continue in his official post, but he denied that he has lost authority on such manners. Soriano also said

that it was him, and not Juan Soler, that decided to put Gomez in charge.

Looks like Valencia can’t

hold on any longer. Star players will move in the summer.

Comments (1)

Soriano stripped of powers

Posted on 04 March 2009 by Kyle

title="Juan Soler and Vicente Soriano"

src="http://www.armadanaranja.com/wp-content/uploads/soler-soriano-300x183.jpg" alt="" width="216" height="132"

/>Owner Juan Soler, President Vicente Soriano, and main creditor Bancaja, have reached an agreement regarding

the power Soriano will hold in the future. They have decided that he will effectively have no power. Soriano is

not being removed from office. He just doesn’t have power anymore.

General Director Javier Gomez will

take over presidential powers. Also, Miguel Zorio, Vicente Soriano’s right hand man, has resigned. Apparently,

his letter of resignation has been on Soriano’s desk since last Friday.

Fernando Gomes will now be in

complete control of player transfers.

The major undoing of Soriano was his repeated failure to sell the

land that the Mestalla sits on, and his repeated failures to obtain new loans in order to pay the players and

construction workers building the Nou Mestalla.

href="http://valenciacf.lasprovincias.es/noticias/2009-03-04/soriano-cede-poder-valencia-20090304.html">Full

Las Provincias story.

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Valencia could be sued over Renan transfer

Posted on 04 March 2009 by Kyle

title="Renan" src="http://www.armadanaranja.com/wp-content/uploads/renan-300x195.jpg" alt="" width="216"

height="141" />

Benicio del Toro look-a-like Renan Brito and his transfer from Brazilian side Inter is

in the news.

Yesterday, Inter vice president Mario Sergio Martins sent an e-mail to Valencia asking for

bank account information in regards to the Renan transfer. The final 2 million euros were supposed to be paid.

Valencia responded… well they actually DIDN’T respond.

Martins then essentially said that if Valencia

doesn’t pay up in the next few days then he would get the lawyers involved.

There is a clause in the

contract of Renan that states if the payment isn’t made, then on July 1 Renan could possibly return to Inter.

Inter doen not wish for this to happen, nor does Renan.

Comments (1)

Soriano in more trouble…

Posted on 03 March 2009 by Kyle

title="Vicente Soriano" src="http://www.armadanaranja.com/wp-content/uploads/soriano.jpg" alt="" width="174"

height="136" /> Vicente Soriano has made yet another promise, “Everything is going to be solved”. He is of

course referring to Valencia’s ever worsening financial situation.

On Wednesday there will be a board

meeting, in which Soriano will have to explain his proposed course of action to the board members. Some of the

board members have threatened to resign if they don’t like what they hear.

Benjamin Munoz said, “I

expect a clear explanation and a radical shift in how to proceed, because otherwise I will submit my

resignation because I do not want to be part of the council that ended Valencia CF”.

Recent attempts at

obtaining 15 million euros from Spanish banks has failed, and with the current Mestalla’s land not being sold,

there is no money available to pay the players or construction workers building the Nou Mestalla.

While

Valencia’s immediate debt is €400 million, their overall debt is around €800 million.

Comments (0)

Vicente Soriano has more cash for Valencia, sort of…

Posted on 28 February 2009 by Kyle

title="vicente_soriano" src="http://www.armadanaranja.com/wp-content/uploads/vicente_soriano-220x300.jpg"

alt="" width="220" height="300" />Yesterday Vicente Soriano, economic vice president Miguel Zoro, and Chief

Directorate Javier Gomez showed the new contracts with MediaPro (the group that now holds Valencia’s

television rights) and Kappa (our new shirt sponsor) to the captains of the team (Carlos Marchena, Raul Albiol,

Vicente Rodriguez, and David Villa), manager Unai Emery, and to the construction company in charge of building

the Nou Mestalla, in order to establish confidence in Valencia’s current economic situation.

However,

even though Valencia CF has already signed these new contracts, money from these deals will not be avaliable

until July 1, 2009. Soriano also told the staff and players that there is still no time table on when they will

be paid their wages. Valencia still owes 15 million euros to the players and 19 million euros to the

construction company in charge if building the Nou Mestalla.

Soriano said, “We still cannot pay you (the

palyers), nor can we say when you are going to recieve the money, but we guarantee that when we do recieve any

money, that the first people we will pay are you (the playes).”

Soriano told the same thing to the

construction company. He also wants to refinance the payments, making them payable over four years. The bank

will demand guarantees that the club will pay the new interest rates.

Valencia has also taken out an

insurance policy on their television contracts.

Apparently the players and staff have excepted

Soriano’s explanations fo non payment of their wages and fully back Soriano and the club. Soriano has thanked

the playes and staff for their loyalty during this bad economic situation.

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Baraja: “Expectations of the fans are too high”

Posted on 25 February 2009 by Johnnie Walker

src="http://www.elmundodeportivo.es/gif/20070510/rbaraja6.jpg" alt="" width="265" height="204" />Senior squad

member Ruben “I’m-87-but-still-young” Baraja has hit out at recent critics for being too harsh on Valencia

after the brilliant season opening and the recent and first downfall from the Champions League spots. Ruben,

who isn’t affected by our financial crisis due to his pension fund, claims critics having expected to much

from our squad after the season’s opening in which our team also got on a cloud nine it seems. He compares

Valencia to clubs like Villarreal which don’t lose their cool in difficult situations – Villarreal also

suffering from a recent drop of form – and if they keep it cool so should we. There is still a long way to go

and although it seems this negative line was expected by the fans, Baraja believes we should keep the faith but

also keep the expectations under control.

After only one win (against Almeria) in the last 6 matches,

it is clear Valencia isn’t on the hot streak they were back in September, and more and more fans become

impatient and unhappy with the current events. Baraja relativezes the high number of conceeded goals, claiming

they are doing everything they can to prevent them (except substituting Marchena) without losing their

attacking force. Furthermore he states there is much talk about the non-sportive matters concerning Los Che and

with the recent storm of critizism, the only thing the team can do is focus on their goals and only think how

to do best on the pitch. Well thank you Ruben, let’s hope these words will be put into actions when we play

Dynamo Kiev again tomorrow!

By the way, for any of you that want some good music in these dark Valencian

times, Alive 2007 from french-based Daft Punk, awesome set! – JW

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Nou Mestalla No Mas?

Posted on 25 February 2009 by Kyle

width="252" height="252" />Construction on the Nou Mestalla has now completely stopped due to non payment.

Valencia CF, FCC, and Bertolin have all agreed to halt construction. There is no scheduled date for the

resumption of work on the stadium. It is also worth noting that the land that the Nou Mestalla sits on is still

owned by the Municipality of Valencia, and not Valencia CF. Only a partial payment has been made on the

land.

The overall cost of the land is €45 million. Valencia CF has paid €28 million, leaving €17 left to

be paid. In regards to the stadium and the construction workers, Valencia CF owes €14 million, and after

February 28 will owe an additional €5 million, bringing the total cost to €19 million.

Vicente Soriano

is still adamant that the land on which the old Mestalla sits will be sold soon. He is hoping to get up to €315

million.

The club is also adamant in the fact that the Nou Mestalla will be ready for the start of the

2010-2011 campaign.

Comments (3)

Mestalla – The Stadium

Posted on 31 October 2008 by admin

href="http://www.armadanaranja.com/wp-content/uploads/250px-mestalla1.jpg">

alt="" width="250" height="188" />

Valencia played its first years at the

Algirós stadium but moved to the Mestalla in 1923. In the 1950s, Mestalla was restructured, which resulted in a

capacity increase to 45,000 spectators. Today it holds 55,000 seats. However, Valencia is scheduled to move to

a new stadium in the north-west of the city Valencia in 2009. The Nou Mestalla, as it will be called, will hold

around 75,000 spectators and will be given a 5 star status by FIFA. It ranks as the fifth largest stadium in

Spain. It is also renowned for its steep terracing and being one of the most intimidating atmospheres in all of

Europe to play at.

On 20 May 1923, the Mestalla pitch was inaugurated with a

friendly match that brought Valencia CF and Levante UD face to face. It was the beginning of a new era that

meant farewell to the old place, Algirós, which will always remain in the memories of the Valencians as first

home of the club. A long history has treaded on the Mestalla field since its very beginning, when the Valencia

team was not yet in the Primera División. Back then, this stadium could hold 17,000 spectators, and in that

time the club started to show its potential in regional championships, which led the managers of that time to

carry out the first alterations of Mestalla in 1927. The stadium’s total capacity increased to 25,000 before it

became severely damaged during the Civil War.

Mestalla was used as concentration

camp and junk warehouse. It would only keep its structure, since the rest was a lonely plot of land with no

terraces and a stand broken during the war. Once the Valencian pitch was renovated, Mestalla saw how the team

managed to bring home their first title, the 1941 Cup. An overwhelming team was playing on the grass of the

redesigned Valencian stadium in that decade, team that conquered three League titles and two Cups with the

legendary ‘electric forwards’ of Epi, Amadeo, Mundo, Asensi and Guillermo Gorostiza. Those years of sporting

success also served as support to recover little by little the Mestalla ground.

During the decade of the fifties, the Valencia ground experienced the deepest change in its whole

history. That project resulted in a stadium with a capacity of 45,500 spectators. It was a dream that was

destroyed by the flood that flooded Valencia in October 1957 after the overflowing of the Turia River.

Nevertheless, Mestalla not only returned to normality, but also some more improvements were added, like

artificial light, which was inaugurated during the 1959 Fallas festivities. This was the beginning of a new

change for the Mestalla.

During the sixties, the stadium kept the same

appearance, whilst the urban view around it was quickly being transformed. Moreover, the Valencian domain

became from that moment on, the setting of big European feats. Nottingham Forest was the first foreign team

that played an official match in Mestalla with the “Che” club. They played on the 15th of September of 1961 and

it was the first clash of a golden age full of continental successes, reinforced with the Fairs Cup won in 1962

and 1963. Mestalla had just entered the European competitions as a stadium where the most important events were

taking place.

From 1969, the expression “Anem a Mestalla” (Let’s go to

Mestalla), so common among the supporters, started to fall into oblivion. The reason was the change of name

that meant a big tribute that the club paid to his most symbolic president that lasted for a quarter of a

century. Luis Casanova Giner admitted that he was completely overwhelmed by such honour, and the president

himself requested in 1994 that his name was again replaced by the name of Mestalla, as it happened. At the

beginning of the seventies, the local bench of the back-then-called Luis Casanova stadium was occupied by

Alfredo Di Stéfano, whose results were the winning of one League competition, one second place in the League

and two Cup finals lost by the minimum difference. Moreover, Valencia participated for the first time in the

European Cup and made their debut in the UEFA Cup. It all was a series of events that made that every match in

the stadium located in Suecia Avenue turned into a big party.

In 1972, the head

office of the club, located in the back of the numbered terraces, was inaugurated. It consisted of an office of

avant-garde style with a worth mentioning trophy hall, which held the foundation flag of the club. In the

summer of 1973 there was another new thing, the goal seats, which meant the elimination of fourteen rows of

standing terraces providing more comfort and an adjustment to the new times. Valencia’s management started to

consider the possibility of moving Mestalla from its present location to some land in the outskirts of the

town, but finally the project was turned down and some years later.

At that

time, Mario Kempes was the best footballer in the world[citation needed] and was playing for Valencia. With the

Matador in its team, Valencia won the Copa del Rey, the Cup Winners Cup and European Super Cup in consecutive

years. The “Che” team became continental superchampion in the last European final played in Mestalla. It was in

1980 against Nottingham Forest, which oddly enough was the first foreign team that had played an official match

in the Valencian stadium.

Mestalla, which in 1925 had held the first match of

the Spain national football team in Valencia, was chosen as the setting for the debut of Spain in the 1982

World Cup, although the performance of the combined national team was not finally what was expected. Ten years

later, the Olympic team would look for support in the Valencian stadium, this time with a very different

result, since the selected young footballers finally got the gold medal in the 1992 Summer Olympics held in

Barcelona.

Mestalla has been the setting for important international matches,

has held several Cup finals, has been seat for Levante UD, home of the Spanish national team and exile for

Castellón and Real Madrid in the European Cup.

2008-2009 will officially be the

last season at the Mestalla, Valencia will then move to their new 75,000-seater stadium Nou Mestalla in time

for the 2009-2010 season.

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