Latest news about Valencia. The che club has reached an agreement to incorporate Pitchwise Holdings into its shareholding by selling 42% of the shares controlled by Meriton Holdings, the group of Peter Lim. The deal values the entity at 1.250 billion euros and includes an injection of 100 million euros of new capital, although it still needs the necessary authorizations to be completed.
Peter Lim retains control of Valencia
The agreement announced this Friday, October 23 modifies Valencia's ownership structure after over a decade under Meriton's control. The entry of the American consortium, however, does not imply Peter Lim's exit: Meriton will retain the majority stake, and Kiat Lim will continue as the club's president.
The new structure will also incorporate Ann Rodriguez and Corey Woolfolk, representatives of Pitchwise Holdings. Their participation opens the door to a greater presence of the new investors in strategic decisions, although the specific changes that may occur in the daily management or sports planning have not yet been determined.
The deal comes at a difficult time for Valencia, which is facing difficulties in LaLiga and needs to translate any institutional improvements onto the field. Currently, the ownership agreement does not include a specific announcement regarding changes in the sports management or transfer policy.
According to information published by Cadena SER and Financial Times, Pitchwise's financial backers include George Roberts and Henry Kravis, co-founders of KKR, as well as Penner Sports Group. The consortium is led by Rodriguez and Woolfolk, who have experience in both the business and sports sectors.
💼 @valenciacf announces that Kiat Lim has reached an agreement with Pitchwise Holdings to incorporate new investors 💰 Pitchwise Holdings will acquire a 42% stake in VCF shareholding by purchasing shares from Meriton Holdings 💶 Pitchwise Holdings will contribute 100 million euros of new capital, available for investment 📝 The deal estimates a business value of 1.250 billion euros, including both male and female teams, the current Mestalla and the new stadium project 🇸🇬 Meriton Holdings will remain as the majority shareholder and Kiat Lim as president 👔 Ann Rodriguez and Corey Woolfolk lead Pitchwise Holdings and join the shareholders structure 🗣️ Kat Lim: “Together, we will build a modern club where our male and female teams consistently compete in Europe”
— Tribuna Deportiva (@TribunaVCF) October 23, 2026
Pitchwise Holdings contributes 100 million euros to Valencia
One of the central points of the agreement is the contribution of 100 million euros of new capital, intended for direct investment in Valencia. This amount must be differentiated from the business valuation of 1.250 billion euros: they are different concepts, and the valuation does not equate to the money Meriton will receive for the sale of its stake.
The club has not specified how much of the new resources will be allocated to the squad, financial commitments, or other entity needs. Thus, Pitchwise's arrival does not automatically mean the 100 million will be entirely used for transfers. Any sports spending must adhere to LaLiga's financial control mechanisms.
El Nou Mestalla, a key asset for investors
The Nou Mestalla project is among the main assets accompanying the deal. The stadium is designed to accommodate over 70,000 spectators, and its development offers the club opportunities to increase revenue from tickets, hospitality areas, and commercial exploitation.
The agreed-upon valuation includes both male and female sports activities, real estate assets, and the new venue project. It is also part of Valencia's plans to manage the Mestalla's land, with its urban development potentially holding significant consequences for the entity's finances.
The new partners' declared goal is to boost the club's sports and economic growth, although the specific extent of their involvement is yet to be determined. The deal remains subject to regulatory procedures and standard closing conditions. During this process, Peter Lim will remain at the helm of ownership through Meriton, while Valencia must clarify how the entry of Pitchwise Holdings will impact investment and management decisions.
This news is an automatic translation. You can read the original news, Lim vende parte de las acciones del Valencia