Beachway Holdings acquires 42% of Valencia

Valencia Football Club announced that an investment group will purchase a 42% stake in the club, valued at approximately €1.25 billion. The deal includes an injection of €100 million in new capital for investment purposes. The transaction involves a valuation of the club, encompassing the men's and women's teams, the «Mestalla» stadium, and the club's move to a new stadium with a capacity exceeding 70,000 spectators—considered a historic step and one of the most significant milestones in the club’s 100-year history. The «Pichowayze Holdings» group, a coalition of family investment offices and institutional investors led by sports executives, will oversee the transition to the new stadium. Kiat Lim will remain as president, while «Meriton Holdings» will retain the majority stake. Supporting investors in the group include George Roberts, Henry Kravis, and the «Binner» sports group, reflecting a plan to develop the club and strengthen its position in the football league.