Editing Valencia CF (section)

==History==
{{Main|History of Valencia CF}}

The club was established on 5 March 1919 and officially approved on 18 March 1919, with Octavio Augusto Milego Díaz as its first president; incidentally, the presidency was decided by a [[coin toss]]. The club played its first competitive match away from home on 21 May 1919 against Valencia Gimnástico, and lost the match 1–0.

Valencia moved into the [[Mestalla Stadium]] in 1923, having played its home matches at the Algirós ground since 7 December 1919. The first match at Mestalla pitted the home side against Castellón Castalia and ended in a 0–0 draw. In another match the day after, Valencia won 1–0 against the same opposition. Valencia CF won the Regional Championship in 1923, and was eligible to play in the domestic [[Copa del Rey]] cup competition for the first time in its history. 

===1940s: Emergence as a giant in Spanish football===
[[file:Valencia_cf_festejando_con_la_copa_1941.jpg|thumb|left|Players of Valencia celebrating after having won the 1941 Copa del Rey final]]
The [[Spanish Civil War]] halted the progress of the Valencia team until 1941, when it won the Copa del Rey, beating [[RCD Espanyol]] in the final. In the 1941–42 season, the club won its first Spanish [[La Liga]] championship title, although winning the Copa del Rey was more reputable than the championship at that time. The club maintained its consistency to capture the league title again in the 1943–44 season, as well as the 1946–47 league edition. They would conclude their decade of success by winning the 1949 Copa del Rey; this meant Valencia ended the decade with a record of three La Liga and two Copa del Rey titles. This success would help cement the club's name in Spanish football.
[[File:Faas Wilkes 1955.jpg|thumb|right|[[Faas Wilkes]] in 1955]]
In the 1950s, Valencia failed to emulate the success of the previous decade, even though it grew as a club. A restructuring of Mestalla resulted in an increase in spectator capacity to 45,000, while the club had a number of Spanish and foreign stars. Players such as [[Spain men's national football team|Spanish international]] [[Antonio Puchades]] and [[Netherlands|Dutch]] forward [[Faas Wilkes]] graced the pitch at Mestalla. In the 1952–53 season, the club finished as runners-up in La Liga, and in the following season, won the Copa del Rey, then known as the Copa del Generalísimo.

===1960s: European successes in the Fairs Cup===
While managing average league form in the early 1960s, Valencia had its first European success in the form of the [[Inter-Cities Fairs Cup]] (the forerunner to the [[UEFA Europa League|UEFA Cup]]), defeating [[FC Barcelona|Barcelona]] in the final of the [[1961–62 Inter-Cities Fairs Cup|1961–62 edition]]. The [[1962–63 Inter-Cities Fairs Cup|following edition]] of the tournament pitted Valencia against [[Croatia]]n club [[GNK Dinamo Zagreb|Dinamo Zagreb]] in the final, which the Spanish side also won. Valencia reached a third consecutive Inter-Cities Fairs Cup final in the [[1963–64 Inter-Cities Fairs Cup|following season]], but this time were defeated 2–1 by fellow Spanish club [[Real Zaragoza|Zaragoza]].

===1970s to early 1980s: More domestic and European glory===
[[File:Kempes Valencia CF.jpg|thumb|180px|left|[[Mario Kempes]] in 1982]]
Former two-time [[European Footballer of the Year]] award winner [[Alfredo Di Stéfano]] was hired as Valencia coach in 1970, and immediately inspired his new club to their fourth La Liga championship and first since 1947. This secured Valencia its first qualification for the prestigious [[UEFA Champions League|European Cup]], contested by the various European domestic champions. Valencia reached the third round of the [[1971–72 European Cup|1971–72 competition]] before losing both legs to [[Hungary|Hungarian]] champions [[Újpesti Dózsa]]. In 1972 the club also finished runners-up both in La Liga and the domestic cup, losing to Real Madrid and Atlético Madrid, respectively. The most notable players of the 1970s era include [[Austria]]n midfielder [[Kurt Jara]], forward [[Johnny Rep]] of the [[Netherlands]] and [[Argentina|Argentinian]] forward [[Mario Kempes]], who was consecutively [[Pichichi Trophy|La Liga top scorer]] in 1976–77 and 1977–78. Valencia would go on to win the Copa del Rey again in the 1978–79 season, and also capture the [[European Cup Winners' Cup]] the next season, after beating [[England|English]] club [[Arsenal F.C.|Arsenal]] in the final, and the [[1980 European Super Cup|European Super Cup]] against [[Nottingham Forest F.C.|Nottingham Forest]] thanks to the [[away goals rule]], with Kempes spearheading their success in Europe.

===Mid to late 1980s: Stagnation and relegation===
[[File:Inauguració del Camp de la Forana (Alginet, País Valencià, 1980).jpg|thumb|Line-up in a friendly match in [[Alginet]], August 1980. Up: [[Darío Felman|Felman]], [[José Luis Manzanedo|Manzanedo]], [[Orlando Giménez]], [[José Cerveró|Cerveró]], [[Pedro Vilarrodá|Vilarrodà]], [[Javier Subirats|Subirats]], [[José Carrete|Carrete]], and [[Ricardo Arias (footballer)|Arias]]. Down: [[Mario Alberto Kempes|Kempes]], [[Fernando Morena|Morena]], and [[Juan Cruz Sol|Sol]].]]
In 1982, the club appointed [[Miljan Miljanić]] as coach. After a disappointing season, Valencia was in 17th place and faced [[Promotion and relegation|relegation]] with seven games left to play. Koldo Aguirre replaced Miljanić as coach, and Valencia barely avoided relegation that year, relying on favorable results from other teams to ensure their own survival. In the 1983–84 and 1984–85 seasons, the club was heavily in debt under the presidency of Vicente Tormo. The club finally hit rock bottom when it was relegated at the end of the 1985–86 season, and riven with internal problems such as unpaid player and staff wages, as well as poor morale. The club was relegated for the first time after 55 years in Spanish top-flight football.

Arturo Tuzón was named the new club president, and he helped steer Valencia back to La Liga. [[Alfredo Di Stéfano]] returned as coach in 1986 and Valencia won [[Promotion and relegation|promotion]] again following the 1986–87 season. Di Stéfano stayed on as coach until the 1987–88 season, when the team finished in 14th position in La Liga. [[Bulgaria]]n forward [[Luboslav Penev]] joined the club in 1989, as Valencia aimed to consolidate their place in La Liga. In the [[1988–89 La Liga]] season, Valencia finished third, which would signal their competitiveness going into the 1990s.

===1990s: Re-emergence===
[[File:Fernando Gómez Colomer.jpeg|thumb|173x173px|[[Fernando Gómez Colomer]] is the player with the most appearances for the club with 556]]
In the [[1989–90 La Liga]] season, Valencia finished as runners-up to Real Madrid, and thus qualified for the [[UEFA Cup]].

[[Guus Hiddink]] was appointed as head coach in the 1991–92 season, and the club finished fourth in the League and reached the quarter-finals of the Copa del Rey. In 1992, Valencia officially became a Sporting Limited Company, and retained Hiddink as their coach until 1993.

[[Brazil]]ian coach [[Carlos Alberto Parreira]], fresh from winning the [[1994 FIFA World Cup]] with the [[Brazil national football team|Brazil national team]], became manager at Mestalla in 1994. Parreira immediately signed Spanish goalkeeper [[Andoni Zubizarreta]], [[Russia]]n forward [[Oleg Salenko]], and [[Predrag Mijatović]], but failed to produce results expected of him. He was replaced by new coach [[José Manuel Rielo]]. The club's earlier successes continued to elude it, although it was not short of top coaching staff like [[Luis Aragonés]] and [[Jorge Valdano]], as well as foreign star forwards like Brazilian [[Romário]], [[Claudio López (footballer)|Claudio López]], [[Ariel Ortega]] from Argentina, and [[Adrian Ilie]] from Romania. In the [[1995–96 La Liga]] season, Valencia finished second to [[Atlético Madrid]], being unable to capture the title after a close fought race.

Valencia would struggle for the next two seasons, but the [[1998–99 La Liga]] season would signal the start of one of the club's most successful periods in their history; they lifted their first trophy in nineteen years by winning the [[1998–99 Copa del Rey]] under [[Claudio Ranieri]], and also qualified for the [[UEFA Champions League]].

===2000s: Valencia returns to the top of Spanish and European football===
Valencia started the 1999–2000 season by winning another title, beating [[FC Barcelona|Barcelona]] in the [[1999 Supercopa de España|Spanish Super Cup]]. Valencia finished third in the league, four points behind champions [[Deportivo de La Coruña|Deportivo La Coruña]], and level on points with second-placed Barça. The biggest success for the club, however, was in the Champions League; for the first time in its history, Valencia reached the [[European Champion Clubs' Cup|European Cup]] final. However, in the [[2000 UEFA Champions League final|final]] played in [[Paris]] on 24 May 2000, [[Real Madrid CF|Real Madrid]] would beat Valencia 3–0.

The final would also be Claudio López's farewell, as he had agreed to sign for Italian side [[SS Lazio|Lazio]]; also leaving was Farinós for [[Inter Milan]] and Gerard for Barcelona. The notable signings of that summer were [[John Carew]], [[Rubén Baraja]], [[Roberto Ayala]], [[Vicente Rodríguez]], and Brazilian left-back [[Fábio Aurélio]]. That season Valencia also bought [[Pablo Aimar]] in the winter transfer window. Baraja, Aimar, Vicente, and Ayala would soon become a staple of Valencia's dominance of the early 2000s in La Liga.

{{football squad on pitch|align=right
|  GK = [[Santiago Cañizares|'''Cañizares''']]
|  RB = [[Jocelyn Angloma|'''Angloma''']]
| RCB = [[Miroslav Đukić|'''Djukic''']]
| LCB = [[Mauricio Pellegrino|'''Pellegrino''']]
|  LB = [[Gerardo García León|'''Gerardo''']]
|  RM = [[Gaizka Mendieta|'''Mendieta''']]
|  CM = [[Javier Farinós|'''Farinós''']]
|  LM = [[Kily González|'''K. González''']]
| RCF = [[Miguel Ángel Angulo|'''Angulo''']]
|  SS = [[Gerard López|'''Gerard''']]
| LCF = [[Claudio López (footballer)|'''Claudio López''']]
| caption = [[2000 UEFA Champions League Final]] starting lineup
}}

Valencia started the championship on the right foot and were top of the league after ten games. After the Christmas break, however, Valencia started to pay for the top demand that such a draining competition like the Champions League requires. After passing the two mini-league phases, [[Héctor Cúper]]'s team eliminated English sides [[Arsenal F.C.|Arsenal]] in the quarter-finals and [[Leeds United F.C|Leeds United]] in the semi-finals, reaching the [[2001 UEFA Champions League final|final]] for the second consecutive year. In the final match against [[FC Bayern Munich|Bayern Munich]], played in [[Milan]] at the [[San Siro]] on 23 May, [[Gaizka Mendieta]] gave Valencia the lead by scoring from the penalty spot right at the start of the match. Goalkeeper [[Santiago Cañizares]] then stopped a penalty from [[Mehmet Scholl]], but [[Stefan Effenberg]] drew Bayern level after the break thanks to another penalty. After extra time, the match went to a penalty shoot-out, where a [[Mauricio Pellegrino]] miss gave Bayern Champions League glory and dealt Valencia a second-straight defeat in the final. Valencia went on to slip to fifth place in La Liga and out of the Champions League positions for the 2001–02 season. Going into the final league match, Valencia only needed a draw at the [[Camp Nou]] against Barcelona to seal Champions League qualification. However, ''Los Che'' lost to Barcelona 3–2, with a last minute goal completing a [[hat-trick]] from [[Rivaldo]], resulting in Barcelona qualifying for the Champions League ahead of their side.

Valencia president D. Pedro Cortés resigned for personal reasons and left the club in July, with the satisfaction of overseeing the club win the Copa del Rey and Spanish Super Cup, as well as reaching two successive Champions League finals. D. Jaime Ortí replaced Cortés as president and expressed his intention of maintaining the good form that had made the club so admired on the European circuit. There were also some changes in the team and staff. [[Rafael Benítez]], after helping [[CD Tenerife|Tenerife]] to promotion, replaced Héctor Cúper after the latter became the new coach at Inter in [[Italy]]. Among the playing squad, Gaizka Mendieta, [[Didier Deschamps]], [[Luis Milla (footballer, born 1966)|Luis Milla]], and [[Zlatko Zahovič]] left, while [[Carlos Marchena]], [[Mista (footballer)|Mista]], [[Curro Torres]], [[Francisco Rufete]], [[Gonzalo de los Santos]], and [[Salva Ballesta]] all arrived.

From 1999 up until the end of the 2004 season, Valencia had one of their most successful periods in the club's history. With a total of two La Liga titles, a [[UEFA Europa League|UEFA Cup]], a Copa del Rey, and a UEFA Super Cup in those six years, no less than five first class titles and two Champions League finals had been achieved.[[File:Roberto Ayala y Javier Zanetti - 07FEB2007 - Francia - presidencia-govar.jpg|thumb|left|160px|During Valencia's domestic and European dominance of the early 2000s, Argentine [[Roberto Ayala]] had been a key component in their defense]]

That first match against fellow title rivals Real Madrid produced a significant and important victory. This was followed by a record of eleven consecutive wins, breaking their existing record set in the 1970–71 season, which was also the club's La Liga title win under [[Alfredo Di Stéfano]].

After a defeat in [[A Coruña]] against [[Deportivo de La Coruña|Deportivo]] on 9 December 2001, the team had to overcome [[RCD Espanyol|Espanyol]] at the [[Estadi Olímpic Lluís Companys]] to avoid further backsliding behind the league leaders. at half-time, Valencia were 2–0 down, but a comeback in the second half saw them win 3–2.

In the second part of the season, Benítez's team suffered a temporary setback after losing 1–0 at the [[Santiago Bernabéu Stadium|Santiago Bernabéu]] to Real Madrid, but in the coming six matches they recovered from this defeat and achieved four victories and two draws.

{{football squad on pitch|align=right
|  GK = [[Santiago Cañizares|'''Cañizares''']]
|  RB = [[Jocelyn Angloma|'''Angloma''']]
| RCB = [[Roberto Ayala|'''Ayala''']]
| LCB = [[Mauricio Pellegrino|'''Pellegrino''']]
|  LB = [[Amedeo Carboni|'''Carboni''']]
| RCM = [[Gaizka Mendieta|'''Mendieta''']]
|  DM = [[Rubén Baraja|'''Baraja''']]
| LCM = [[Kily González|'''K. González''']]
| RCF = [[John Carew|'''Carew''']]
|  SS = [[Pablo Aimar|'''Aimar''']]
| LCF = [[Juan Sánchez Moreno|'''Juan Sánchez''']]
| caption = [[2001 UEFA Champions League Final]] starting lineup
}}

In one of these crucial games against Espanyol, Valencia were trailing 1–0 at half-time and down a player as well following the dismissal of Carboni. However, after a second half brace from Rubén Baraja, they would achieve a 2–1 comeback win. Furthermore, Real Madrid's defeat at the [[Anoeta Stadium|Anoeta]] to [[Real Sociedad]] left Valencia with a three-point lead at the top of the table.

Valencia's final game of the season was on 5 May 2002 at [[La Rosaleda]] against [[Málaga CF|Málaga]], a day that has gone down in Valencia's history. The team shut itself away in [[Benalmádena]], close to the scene of the game, in order to gain focus. An early goal from Roberto Ayala and another close to half-time from Fábio Aurélio secured Valencia a fifth La Liga crown, 31 years after their last title win.

The 2002–03 season was a disappointing one for Valencia, as they failed in their attempt to retain the La Liga title and ended up outside of the Champions League spots in fifth, behind [[RC Celta de Vigo|Celta Vigo]]. They were also knocked out in the quarter-finals of the Champions League by Inter Milan on away goals. The 2003–04 season saw Valencia trailing longtime leaders Real Madrid. In February, with 26 matches played, Madrid were eight points clear at the top of the table.<ref>{{Cite web|url=http://www.resultsfromfootball.com/spain/2003-2004/primera-division/26/|title=Stage 26, Primera Division season 2003-2004|website=www.resultsfromfootball.com|access-date=29 December 2019|archive-date=29 December 2019|archive-url=https://web.archive.org/web/20191229052654/http://www.resultsfromfootball.com/spain/2003-2004/primera-division/26/|url-status=dead}}</ref> However, their form severely declined in the late stage of the season, and consecutive losses in their last five games of the campaign allowed Valencia to overtake them and claim the title, their second in three seasons. The club also added the UEFA Cup to this success, defeating [[Olympique de Marseille|Marseille]] 2–0 in the [[2004 UEFA Cup final|final]].

In the summer of 2004, manager Benítez decided to depart Valencia, stating he had had problems with the club president; he would soon become head coach of [[Liverpool F.C.|Liverpool]]. He was replaced by former Valencia coach [[Claudio Ranieri]], who had recently been sacked by [[Chelsea F.C.|Chelsea]]. Despite lifting the [[2004 UEFA Super Cup|European Super Cup]] after defeating [[2003–04 UEFA Champions League|UEFA Champions League]] winners [[FC Porto|Porto]], his second reign at the club was a disappointment; Valencia harboured realistic hopes of retaining their La Liga crown but, by February, found themselves in seventh place. Valencia had also been knocked out of the Champions League group phase, with Ranieri being sacked promptly in February. The 2004–05 season ended with Valencia outside of the UEFA Cup spots.

In the summer of 2005, [[Getafe CF|Getafe]] coach [[Quique Flores]] was appointed as the new manager of Valencia and ended the season in third place, which in turn gained Valencia a place in the Champions League after a season away from the competition. The 2006–07 season was one with many difficulties; a campaign which started with realistic hopes of challenging for the title was disrupted with a huge list of injuries to key players, as well as internal arguments between Flores and new sporting director [[Amedeo Carboni]]. Valencia ended the season in fourth place and were knocked out of the Champions League in the quarter-finals by Chelsea 3–2 on aggregate, after they had knocked out Italian champions Inter in the second round. In the summer of 2007, the internal fight between Flores and Carboni was settled, with Carboni being replaced by Ángel Ruiz as the new sporting director of Valencia.

On 29 October 2007, the Valencia board of directors fired Flores after a string of disappointing performances, and caretaker manager [[Óscar Fernández (football manager, born 1974)|Óscar Fernández]] took over on a temporary basis until a full-time manager was found, rumoured to be either [[Marcello Lippi]] or [[José Mourinho]]. A day later, Dutch manager [[Ronald Koeman]] announced he would be leaving [[PSV Eindhoven]] to sign for Valencia. However, Koeman's appointment failed to lead to improvement; in fact, Valencia even went on to drop to the 15th position in the league, just two points above the relegation zone. Despite their poor league form, Valencia would still go on to lift the Copa del Rey on 16 April 2008, following a 3–1 victory over Getafe at the [[Vicente Calderón Stadium|Vicente Calderón]]. This was the club's seventh Copa title. Five days later, one day after a devastating 5–1 league defeat in Bilbao, Valencia fired Koeman and replaced him with [[Voro (footballer)|Voro]], who would guide Valencia as caretaker manager for the remainder of the season. He went on to win the first match since the sacking of Koeman, beating [[CA Osasuna|Osasuna]] 3–0. Voro would eventually drag Valencia from the relegation battle to a safe mid-table finish of tenth place, finally ending a disastrous league campaign for ''Los Che''.

[[File:Manolo Llorente.jpg|thumb|left|150px|35th president of Valencia [[Manuel Llorente]]]]
[[File:Sentiment Valencianista.jpg|thumb|296x296px|Tifo at [[Mestalla Stadium]]]]
Highly rated [[Unai Emery]] was announced as the new head coach of Valencia on 22 May 2008. The start of the young manager's career looked to be promising, with the club winning four out of its first five games, a surge that saw the team rise to the top position of the La Liga table. Despite looking impressive in Europe, ''Los Che'' then hit a poor run of form in the league that saw them dip as low as seventh in the standings. Amid the slump emerged reports of a massive internal debt at the club exceeding 400 million euros, as well as that the players had been unpaid for weeks. The team's problems were compounded when they were knocked out of the UEFA Cup by [[FC Dynamo Kyiv|Dynamo Kyiv]] on away goals. After a run where Valencia took only five points from ten games in La Liga, an announcement was made that the club had secured a loan that would cover the players' expenses until the end of the year. This announcement coincided with an upturn in form, and the club won six of its next eight games to surge back into the critical fourth place Champions' League spot. However, ''Los Che'' were then pushed down to sixth place in the league following defeats to top four rivals [[Atlético Madrid]] and [[Villarreal CF|Villarreal]] in two of their final three games, meaning they failed to qualify for the Champions League for a second successive season.

===2010–2014: Debt issues and stability===
[[File:Albelda 2012.jpg|thumb|right|Over the course of 15 seasons and 481 official matches from 1997 to 2013, as well as serving as team captain, defensive midfielder [[David Albelda]] became one of the most recognisable players of Valencia CF.<ref>{{Cite news|url=https://elpais.com/deportes/2013/08/07/actualidad/1375895041_910972.html|website=[[El País]]|title=Albelda se retira del fútbol profesional|date=7 August 2013|access-date=2 August 2021|archive-date=2 August 2021|archive-url=https://web.archive.org/web/20210802205320/https://elpais.com/deportes/2013/08/07/actualidad/1375895041_910972.html|url-status=live}}</ref>]]
No solution had yet been found to address the massive debt Valencia was faced with, and rumors persisted that top talents such as [[David Villa]], [[Juan Mata]], and [[David Silva]] could leave the club to help balance the books. In the first season of the new decade, Valencia returned to the Champions League for the first time since the 2007–08 campaign, as they finished comfortably in third place in the [[2009–10 La Liga]] standings. However, in the summer of 2010, due to financial reasons, David Villa and David Silva were sold to Barcelona and [[Manchester City F.C.|Manchester City]], respectively, to reduce the club's massive debt. Despite the loss of two of the club's most important players, the team was able to finish comfortably in third place again in the [[2010–11 La Liga]] for the second season running, although they would be eliminated from the Champions League by German side [[FC Schalke 04|Schalke 04]] in the round of 16. In the summer of 2011, then-captain Juan Mata was sold to [[Chelsea F.C.|Chelsea]] to further help Valencia's precarious financial situation. It was announced by club president [[Manuel Llorente]] that the club's debt had been decreased and that the work on the new stadium would restart as soon as possible, sometime in 2012.
[[File:DeporValencia.jpg|thumb|[[Deportivo de La Coruña]] vs. Valencia CF.]]

During the [[2012–13 Valencia CF season|2012–13 season]], [[Ernesto Valverde]] was announced as the new manager, but after failing to qualify for the Champions League, he stepped down and was replaced by [[Miroslav Đukić]]. On 5 July 2013, [[Amadeo Salvo]] was named as the new president of the club. Almost a month after Salvo was named president, on 1 August, Valencia sold star striker [[Roberto Soldado]] to English club [[Tottenham Hotspur F.C.|Tottenham Hotspur]] for a reported fee of €30&nbsp;million. Đukić was sacked six months into the [[2013–14 Valencia CF season|2013–14 season]] after just six wins in his first sixteen matches, Valencia's worst start to a season in fifteen years.<ref>{{cite news| url=http://www.espn.in/football/news/story/_/id/1653958/miroslav-djukic-dismissed-valencia-coach| work=[[ESPN]]| title=Djukic dismissed as Valencia coach| date=16 December 2013| access-date=13 August 2017| archive-date=13 August 2017| archive-url=https://web.archive.org/web/20170813144727/http://www.espn.in/football/news/story/_/id/1653958/miroslav-djukic-dismissed-valencia-coach| url-status=dead}}</ref> He was replaced by [[Juan Antonio Pizzi]] on 26 December 2013.<ref>{{cite news| url=http://www.espn.in/football/story/1662721/valencia-appoint-antonio-pizzi-as-new-head-coach| work=[[ESPN]]| title=Antonio Pizzi hired by Valencia| date=26 December 2013| access-date=13 August 2017| archive-date=13 August 2017| archive-url=https://web.archive.org/web/20170813144729/http://www.espn.in/football/story/1662721/valencia-appoint-antonio-pizzi-as-new-head-coach| url-status=dead}}</ref> Under Pizzi, Valencia reached the semi-finals of the [[2013–14 UEFA Europa League|UEFA Europa League]], where they lost to eventual winners [[Sevilla FC|Sevilla]] on away goals, and finished eighth in [[2013–14 La Liga|La Liga]] despite a disastrous start to the season.<ref>{{cite news| url=https://www.uefa.com/uefaeuropaleague/news/0215-0e8a8b70556a-6e4482208c10-1000--last-gasp-sevilla-snatch-final-berth-from-valencia/| work=[[UEFA]]| title=Last-gasp Sevilla snatch final berth from Valencia| date=1 May 2014| access-date=13 August 2017| archive-date=16 September 2017| archive-url=https://web.archive.org/web/20170916111537/http://www.uefa.com/uefaeuropaleague/season=2014/matches/round=2000473/match=2012678/postmatch/report/| url-status=live}}</ref><ref name="auto">{{cite news| url=http://uk.reuters.com/article/uk-soccer-spain-valencia-coach-idUKKBN0F71RS20140702| work=[[UEFA]]| title=Valencia sack coach Pizzi, Nuno tipped to take over| date=2 July 2014| access-date=13 August 2017| archive-date=13 August 2017| archive-url=https://web.archive.org/web/20170813143734/http://uk.reuters.com/article/uk-soccer-spain-valencia-coach-idUKKBN0F71RS20140702| url-status=dead}}</ref>

===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&nbsp;million and [[Aymen Abdennour]] was signed from [[AS Monaco FC|Monaco]] for £22&nbsp;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>