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Valencia CEO Murthy: ‘What use is a bankrupt club?’

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Valencia have sold three players in the transfer window and it has been announced more sales are expected at the Mestalla.

Ferran Torres was sold to Manchester City. Now, Dani Parejo and Francis Coquelin have been ushered out to Villarreal.

This is not the end of outgoings at Valencia as the whole squad has been put up for sale. The Valencian club is suffering in the aftermath of coronavirus pandemic. 

Club CEO, Anil Murthy, came out in the open and addressed the situation. Murthy explained that the decision was taken in the boardroom to preserve the club’s status. 

He stated that the club’s finances have been badly impacted by the global pandemic and they have taken steps to address their longevity. 

“We are going to have a complicated season because of COVID-19, so we must be responsible and control costs tightly,” Marca quoted Murthy.

“What use is a bankrupt club?

“If things go very wrong in the financial aspect due to COVID-19, all clubs will be in trouble.

“We have to lead through responsible management during the COVID-19 crisis.”

Valencia finished ninth in La Liga and Javi Garcia will have a tough task on his hands. Murthy stated his confidence in the former Watford man and believes the can fulfill their ambitions.

“We hired new people and are building a new team, this is very normal in football,” Murthy added.

“We are preparing ourselves for the future with a strong and professional medical team so that we can fix the injury situation and have our players fighting fit on the pitch throughout the season.”