Valencia CF Mestalla
Tier 4Segunda Federación, Grupo 3Paterna, Comunitat Valenciana, SpainOn the globe
Reserve side of Valencia CF
- Founded
- 1944
- Ground
- Ciudad Deportiva de Paterna3,000 seats · opened 1992
- Full name
- Valencia Club de Fútbol Mestalla
- Website
- valenciacf.com
Who owns Valencia CF Mestalla
Reserve side of Valencia CF, fielded by the same entity.
Owned by investorsOwner based abroad: Singapore
As of 2026High confidenceSource: Wikipedia (es)
From the pitch to the top
The company that fields the team, then each holder above it.
Fields the first teamValencia Club de Fútbol, S.A.D.
- 90.5%controlsPeter LimSince 2014, figure as of November 2023Bought a majority in 2014 (Wikipedia); 90.5% per La Voz de Galicia (2023). 2Playbook (2026) calls him the club's owner. Spanish Wikipedia names his vehicle Meriton Holdings Ltd.; the press sources here do not.Medium confidenceSources: La Voz de Galicia, 2Playbook, Wikipedia, Wikipedia (es)
Valencia Mestalla’s finances
From its published accounts and league records. Figures compare only with clubs at the tier it played that season.
- Equity
- €18.9m
- accounts, 2024-25
- Squad cost limit
- €91.2m
- maximum, 2025-26
The accounts
Valencia Club de Fútbol, S.A.D., the entity that fields the team · 2018-19 to 2024-25
| Line | 2024-25Tier 1 · audited | 2023-24Tier 1 · audited | 2022-23Tier 1 · audited | 2021-22Tier 1 · audited | 2018-19Tier 1 · from filed accounts |
|---|---|---|---|---|---|
| Profit and loss | |||||
| Revenue | €97.6m | €100.2m | €112.9m | €104.9m | — |
| TV money | €53.2m | €60.1m | €67.8m | €70.8m | — |
| Matchday | €26.4m1 | €23.6m2 | €27.5m3 | €18.0m4 | — |
| Commercial | €18.0m5 | €16.5m6 | €17.6m6 | €16.1m6 | — |
| Subsidies | €362k | €144k | €294k | €303k | — |
| Other revenue | €372k7 | €758k7 | €1.82m7 | €267k7 | — |
| Player sales | €24.8m8 | €17.1m9 | €19.8m9 | €14.1m9 | — |
| Staff costs | €83.2m | €69.4m | €83.0m | €93.7m | — |
| Wage bill | €78.8m10 | €65.3m10 | €79.0m11 | €89.9m12 | — |
| Players' wages | €62.8m13 | €49.3m14 | €62.3m15 | €73.4m16 | — |
| Other operating costs | €24.7m | €22.5m | €26.6m | €24.3m | — |
| Travel | €1.54m | €1.42m | €1.45m | €1.33m | — |
| Player amortisation | €10.4m | €10.5m | €15.0m | €38.0m | — |
| Other depreciation | €2.13m | €2.29m | €2.67m | €3.16m | — |
| Operating result | €23.1m | €15.5m | €9.34m | −€33.1m | — |
| Financial result | −€21.5m | −€13.6m | −€14.9m | −€10.7m | — |
| Result before tax | €1.63m | €1.95m | −€5.56m | −€43.8m | — |
| Income tax | €1.13m | €1.74m | €1.44m | €2.08m | — |
| Net result | €496k | €216k | −€7.00m | −€45.9m | — |
| Balance sheet | |||||
| Total assets | €401.2m | €319.3m | €348.2m | €375.7m | — |
| Non-current assets | €342.4m | €294.3m | €307.4m | €340.7m | — |
| Player registrations (book value) | €18.0m | €22.5m | €32.1m | €64.3m | — |
| Property and equipment | €310.1m17 | €261.8m18 | €263.0m18 | €253.4m19 | — |
| Current assets | €58.8m | €25.0m | €40.8m | €34.9m | — |
| Transfer fees receivable | €19.9m20 | €16.0m21 | €22.3m22 | €36.9m23 | — |
| Cash | €31.8m | €139k | €11.2m | €55k | — |
| Equity | €18.9m24 | €18.8m25 | €18.7m26 | €8.04m27 | — |
| Share capital | €6.83m | €6.83m | €6.83m | €34.7m | €45.7m28 |
| Liabilities | €382.3m | €300.5m | €329.5m | €367.6m | — |
| Non-current liabilities | €302.9m | €189.5m | €198.8m | €188.3m | — |
| Current liabilities | €79.4m | €111.1m | €130.7m | €179.3m | — |
| Provisions | €9.64m29 | €12.2m | €14.9m | €8.37m30 | — |
| Financial debt | €250.8m31 | €157.2m32 | €157.8m33 | €180.0m34 | — |
| Tax and social security debt | €3.83m35 | €4.98m36 | €3.75m35 | €4.13m35 | — |
| Transfer fees payable | €10.7m37 | €18.6m38 | €38.0m39 | €57.4m40 | — |
| Shareholder loans | €40.2m41 | €37.8m42 | €34.8m43 | €17.5m44 | — |
| Cash flow | |||||
| Cash from operations | −€30.1m | −€6.59m | −€30.1m | −€26.3m | — |
| Cash from investing | −€27.9m | −€3.46m | €30.3m | −€33.6m | — |
| Cash from financing | €89.6m | −€1.00m | €10.9m | €59.3m | — |
| Net change in cash | €31.6m | −€11.1m | €11.1m | −€621k | — |
| Money from owners | |||||
| Capital increase | — | — | €17.7m45 | €43.8m46 | — |
| Transfers and people | |||||
| Transfer fees received | €31.8m47 | €32.1m47 | €60.9m47 | €19.0m48 | — |
| Employees | 388 | 372 | 378 | 380 | — |
| Players | 103 | 97 | 97 | 104 | — |
Notes on 48 figures, in the accounts’ own words
- Matchday: Competitions and friendlies €9,544k, members and season tickets €16,821k.
- Matchday: Competitions €7,291k, members and season tickets €16,282k.
- Matchday: Competitions €12,329k, members and season tickets €15,183k.
- Matchday: Competitions €6,816k, members and season tickets €11,161k.
- Commercial: Comercialización, publicidad y patrocinios.
- Commercial: Comercialización y publicidad.
- Other revenue: Ingresos accesorios y otros de gestión corriente.
- Player sales: Gain on disposal of player registrations, net of book value and agents' fees (resultados por enajenaciones de jugadores). The P&L line's total (€41,572k) also holds the €16,809k stadium impairment reversal.
- Player sales: Gain on disposal of player registrations, net of book value and agents' fees (resultados por enajenaciones de jugadores).
- Wage bill: Sueldos, salarios y asimilados (note 12.3).
- Wage bill: Squad €71,637k plus other wages €7,388k (P&L).
- Wage bill: Squad €81,682k plus other wages €8,232k (P&L).
- Players' wages: Registrable squad (plantilla inscribible en la LFP) personnel cost; all sports staff €72,898k (note 12.3).
- Players' wages: Registrable squad (plantilla inscribible en la LFP) personnel cost; all sports staff €59,687k (note 12.3).
- Players' wages: Registrable squad (plantilla inscribible en la LFP) personnel cost; all sports staff €73,506k (note 12.3).
- Players' wages: Registrable squad (plantilla inscribible en la LFP) personnel cost; all sports staff €83,451k.
- Property and equipment: Includes €161,599k of construction in progress (the new stadium).
- Property and equipment: Includes €114,009k of construction in progress (the new stadium).
- Property and equipment: Includes €115,274k of construction in progress (the new stadium).
- Transfer fees receivable: Entidades deportivas deudoras: long-term €1,128k, short-term €18,794k.
- Transfer fees receivable: Entidades deportivas deudoras: long-term €4,884k, short-term €11,110k.
- Transfer fees receivable: Entidades deportivas deudoras: long-term €5,726k, short-term €16,590k.
- Transfer fees receivable: Entidades deportivas deudoras: long-term €11,597k, short-term €25,345k.
- Equity: Fondos propios €17,069k plus grants €2,126k less hedging reserve €254k.
- Equity: Fondos propios €16,573k plus grants €2,213k.
- Equity: Fondos propios €16,357k plus grants €2,301k.
- Equity: Fondos propios €5,648k plus grants €2,388k.
- Share capital: Subscribed capital after the act published on 2019-01-08, not at the financial year end.
- Provisions: Long-term €8,970k, short-term €674k.
- Provisions: Long-term €6,305k, short-term €2,068k.
- Financial debt: Bank debt €121,693k, Nou Mestalla securitisation fund €65,065k and the LaLiga Impulso (CVC) participating loan €63,993k (notes 8.2.1 and 8.2.4); a €4,807k derivative is excluded.
- Financial debt: Bank debt €120,447k and the LaLiga Impulso participating loan €36,759k (notes 8.2.1 and 8.2.3).
- Financial debt: Bank debt €118,875k and the LaLiga Impulso participating loan €38,918k (notes 8.2.1 and 8.2.3).
- Financial debt: Bank debt €145,700k and the LaLiga Impulso participating loan €34,341k.
- Tax and social security debt: Otras deudas con las Administraciones Públicas.
- Tax and social security debt: Other debts with public administrations €4,715k and current income tax €267k.
- Transfer fees payable: Deudas con entidades deportivas: long-term €1,175k, short-term €9,499k; total debts for players' registrations, to clubs and agents, €20,144k (note 8.2.4).
- Transfer fees payable: Deudas con entidades deportivas: long-term €5,684k, short-term €12,912k; total debts for players' registrations €31,151k.
- Transfer fees payable: Deudas con entidades deportivas: long-term €13,690k, short-term €24,344k; total debts for players' registrations €48,538k.
- Transfer fees payable: Deudas con entidades deportivas: long-term €17,153k, short-term €40,222k; total debts for players' registrations €69,172k.
- Shareholder loans: Credit line from the majority shareholder, Meriton Holdings (€35,000k) with accrued interest.
- Shareholder loans: Credit line from Meriton Holdings (€35,000k) with accrued interest.
- Shareholder loans: Credit line from Meriton Holdings drawn €34,500k, with accrued interest.
- Shareholder loans: Short-term debts to group companies (Meriton Holdings): €16,500k plus interest.
- Capital increase: Aumentos de capital in the statement of changes in equity (€1,042k capital, €16,671k premium), received in cash (emisión de instrumentos de patrimonio).
- Capital increase: Aumentos de capital in the statement of changes in equity (€13,129k capital, €30,635k premium); €43,764k received in cash.
- Transfer fees received: Invoiced for player sales, bonuses and solidarity (note 6).
- Transfer fees received: Invoiced for player sales, bonuses and solidarity (note 6 of the 2022-23 accounts).
2024-25: Source: Valencia CF2023-24: Source: Valencia CF2022-23: Source: Valencia CF2021-22: Source: Valencia CF2018-19: Source: Boletín Oficial del Registro Mercantil (BOE)
League figures, wage bills, budgets and public money 9 records
| Season | TV money | Squad cost limit | Source |
|---|---|---|---|
| 2025-26 | €91.2mmaximum | Source: LaLiga (Liga Nacional de Fútbol Profesional) | |
| 2024-25 | €52.5mpaid | €74.6mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2023-24 | €59.2mpaid | €85.5mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga |
| 2022-23 | €66.9mpaid | €75.8mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
| 2021-22 | €69.9mpaid | €31.0mmaximum | Sources: LaLiga (Liga Nacional de Fútbol Profesional), LaLiga (Liga Nacional de Fútbol Profesional) |
Where Valencia Mestalla has played
Season by season
- 2026-274Segunda Federación, Grupo 3
- 2025-264Segunda Federación, Grupo 3
- 2024-254Segunda Federación, Grupo 3
- 2023-244Segunda Federación, Grupo 3
- 2022-234Segunda Federación, Grupo 3
- 2021-225Tercera Federación, Grupo 6, promoted
- 2020-213Segunda División B, Grupo 3-B, relegated
- 2019-203Segunda División B, Grupo 3
- 2018-193Segunda División B, Grupo 3
- 2017-183Segunda División B, Grupo 3
- 2016-173Segunda División B, Grupo 3
Sources14
- Política de privacidad Valencia CF, Club. Checked 3 October 2026.
- Calendario Segunda Federación 2026/2027, Grupo 3 Real Federación Española de Fútbol, Federation, 1 July 2026. Checked 3 October 2026.
- LaLiga EA Sports: clubes LaLiga, League. Checked 3 October 2026.
- Lim da luz verde al Valencia CF para capitalizar hasta 35 millones y elevar su límite salarial 2Playbook, News, 6 August 2026. Checked 3 October 2026.
- GES controla el 75% del Celta, según el Registro Mercantil La Voz de Galicia, News, 19 November 2023. Checked 3 October 2026.
- PROJECT 92 LIMITED - Persons with significant control Companies House, Company registry. Checked 3 October 2026.
- Relación de S.A.D. de fútbol Consejo Superior de Deportes, Regulator. Checked 3 October 2026.
- Wikidata Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Ciudad Deportiva de Paterna Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Salford City F.C. Wikipedia, Wikipedia / Wikidata. Checked 3 October 2026.
- Valencia CF Wikipedia, Wikipedia / Wikidata. Checked 3 October 2026.
- Valencia Club de Fútbol Wikipedia (es), Wikipedia / Wikidata. Checked 3 October 2026.
- Segunda Federación 2026-27 Wikipedia (es), Wikipedia / Wikidata. Checked 3 October 2026.
- Valencia Club de Fútbol Mestalla Wikipedia (es), Wikipedia / Wikidata. Checked 3 October 2026.
Also on Wikidata (Q918044).