Valencia have secured a 50million euro loan to
help ease their financial problems that are threatening to cripple
the Primera Liga outfit.
Valencia, one of Spain's biggest clubs, have been crippled
by huge debts which has led to players not receiving full pay and
construction work on their new stadium grinding to a
halt.
Los Che also admitted for the first time last month that they
might have to cash in on some of their star players, with Spain
internationals David Villa and David Silva among the club's biggest
assets.
The loan, which comes from local business group Fomento Urbano
de Castellon, is set to be used towards paying off the outstanding
wages.
Valencia, who play Getafe on Sunday, have won just twice in 12
competitive matches, during which time they have slipped five
points adrift of the lucrative Champions League places in La Liga
and been knocked out of both the UEFA Cup and Copa del Rey.
