Where Is Valencia Headed?

Khalid KhanCorrespondent IJune 3, 2009

ALMERIA, SPAIN - FEBRUARY 02:  Almeria's manager Unai Emery instructs his side during the La Liga match between Almeria and Real Madrid at the Juegos Mediterraneos stadium on February 2, 2008 in Almeria, Spain.  (Photo by Denis Doyle/Getty Images)

Again, a disappointing season is over for Valencia but question that troubles the minds of the faithful is that is the club bouncing back or will it be going down again. After qualifying for the Europa League through league position, which is an improvement on last year, are things looking up or looking down for Valencia?

Bad administration over the last couple of years has contributed to and accelerated their fall. Lack of consistency against smaller teams cost them dearly this year and they lost the fourth spot for CL qualification which was well within their reach.

With imminent loss of star players like David Villa, David Silva, Juan Mata, Raul Albiol, and maybe Carlos Marchena seemingly in sight, next season will be a tough one for the club in terms of rising up the ladder of La Liga to quality for the much sought-after money-spinning Champions League spot.

Sales of players may reduce the burden of debt but the loss of talent will be higher still.

Another difficult catch-22 issue would be to continue construction of Nou Mestalla or stop it until things improve financially. Money isn’t there to continue construction of Nou Mestalla but if completed the 75,000 seater would bring more revenue which could be used to retire the debt and in the long run will ensure financial health of the club.

On the flip side, it will put severe strain on the near-non-existent resources of the club which wasn’t able to make timely payment to the construction company and of player’s wages for part of season. Supposed sale of old Mestalla also didn’t materialize so it is apparent that construction of new stadium will not be resuming anytime soon.

This task is tough but a measured and steady approach would see them through. The club will have to live on meager resources for sometime to come so it could wiggle its way out of financial problems that strained season that has just ended.

The job of coach Unai Emery will be to make do with what he can afford in the transfer market and gradually improve towards Champions League qualification in the next season or two.

For Valencia, the answers seem difficult, dilemmas serious, and path perilous.