Saddled with £450million of debt, La Liga side Valencia must raise £35million in player sales according to a new report.
Valencia beat West Ham to the signing of striker Maxi Gomez in the summer.
The Hammers had bid just under £45million for the Uruguayan but Valencia pipped the club with a cash plus players offer to Celta Vigo.
Valencia bank account Maxi’d out
West Ham target Gomez has endured a tormented start to life at the Mestalla. Fans have been protesting to try and force owner Peter Lim out of the club.
And things took another turn for the worse this week. Marca are reporting that for the third successive year, Valencia must sell one or more of their prized-assets to balance the books to satisfy Financial Fair Play regulations.
Faced with the same situation in the last two years, Valencia were forced to sell Joao Cancelo to Juventus in 2018 and goalkeeper Neto to Barcelona to meet the threshold.
Los Che must raise £35million by June 30 according to Marca. That is almost exactly what they paid Celta to beat West Ham to Gomez in the summer with striker Santi Mina going the other way as a £10million makeweight.
La Liga club must raise £35m with player sales
“Now they are required to sell one or more players ahead of July once again while the latest accounts also show that there is an outstanding debt of £450m at the Mestalla – an increase of £25m from last season,” Marca states, as also reported by Football Espana.
“Revenue from competitions for the Copa del Rey holders is said to have increased by £50m while the money earned through TV rights went up by £11m. The off-field situation at Los Che has not been helped by the exit of coach Marcelino Garcia Toral and general manager Mateu Alemany, following a series of high-profile fallouts at the top of the club.”
Gomez is undoubtedly Valencia’s most saleable asset. So the situation could clear the path for West Ham to finally sign Gomez.
Situation could clear a path for Hammers IF owners show ambition
The Hammers had been tracking the 23-year-old since January.
But Pellegrini ended up spending the £45million on Sebastien Haller instead. However West Ham only spent a meagre £25million net over the last two windows. And that has left Pellegrini desperately short in key areas, including up front.
Haller has become increasingly isolated and ineffective. Gomez has five goals in 12 games this season, one more than Haller.
If West Ham have any ambition they will use the Valencia situation to their advantage.
But it remains to be seen whether David Sullivan and David Gold will loosen the purse strings.