Categorized | The Club

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.

1 Comments For This Post

  1. Kyle Says:

    This is comical. Koeman looks compitant compared to these guys.

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