From a hero's welcome to street protests, what's next for Peter Lim and Valencia?

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Gennaro Gattuso's appointment at Valencia on Thursday (June 9) is both a sign of intent and incongruence - the Italian is a World Cup winner and led Napoli to the 2020 Coppa Italia, but he is also the 11th manager the La Liga club have had since Peter Lim took over in...

Yet, it was not too long ago that the business magnate received a hero's welcome from Valencianistas after his Meriton bought their club for €420 million , with €200 million to clear the club's €230 million debts and £170 million to complete the construction of a new stadium.

Players, former stalwarts and fans were up in arms after Marcelino was dismissed after delivering the 2019 King's Cup - the first trophy in the Lim era - and key players were sold at what they perceived to be cut-price. Former Valencia vice-president Miguel Zorio is one such critic. On April 27, he tabled a takeover offer of €212 million, €36 million less than his offer last year, and almost half of what Lim's Meriton reportedly paid in 2014.

In comparison, Valencia's average La Liga position in the decade before Lim arrived was fifth, and they also won the 2008 King's Cup. However, this was achieved with overspending and unserviced debt.Singapore businessman Peter Lim and son partner Ronaldo to launch digital football platform "It seems as if we have forgotten that this man came along and avoided Valencia going into receivership, or even disappearing. Peter Lim has my full respect, as without being a Valencian he took this step.

 

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