16 Mar 2009Platini slammed over Valencia silence

Football Finance News | Football Leagues/ Association and Governance

Uefa president Michel Platini has today (March 16th) been criticised for his continued silence over the financial crisis at Spanish club Valencia.

The La Liga side revealed in November that their debts stand at £462 million, mainly due to expensive plans to relocate to a new 75,000-seat arena which have crippled their finances.

Writing in the Daily Mail, Martin Samuel has questioned why Platini - who has been quick to put the boot into financial setups at English clubs in the past - has remained quiet on the situation.

Samuel wrote: "Don't you think there is ever so slightly a chance that if Valencia had been a Premier League club Platini would have found a way of working their circumstances into one of his high-minded pronouncements on the state of the game?"

The columnist also highlighted the fact that there are six Spanish clubs - including the recently-relegated Real Sociedad, Celta Vigo and Levante - who are currently in bankruptcy protection.

Last week, it was reported that Manchester City are interested in signing David Villa, Valencia's most prized asset, but were quoted a fee of £90 million.

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