Peter Lim adamant that Valencia is not up for sale

Not long after Saturday's game against Cádiz ended (0-0), Valencia issued a statement to clarify their position after what has been a tense week off the field. Apart from the recent disclosure that Valencia have the lowest salary cap in the whole of LaLiga (30 million euros), the club has also been rocked by Miguel Zorío's proposal to buy out Peter Lim. The Asian businessman has responded to the offer.

In a statement, Valencia made it clear that the club is not up for sale and that "Peter Lim reiterates his commitment as the majority shareholder". Lim's response comes after claims that Zorío had spoken "to a friend of Lim's" who told him that the club owner "was interested in the offer".

The club insists that Zorío's claims could not be further from the truth and that Peter Lim has no knowledge of this person. The statement concludes that Lim is keen to be "clear and transparent" - a surprising move considered there have been next to no messages from Singapore in recent years to the multitude of rumours surrounding the club.

Valencia statement

"After the LaLiga game against Cádiz CF, in which Valencia CF had turned all its attention, the club wishes to state the following:

1. The club is not for sale; not even a single share owned by the majority shareholder.

2. Peter Lim reiterates his commitment as majority shareholder and demonstrates this with the capital extension proposal that will go up for approval at the next Shareholders Meeting.

3. Regarding statements from a supposed "friend of Peter Lim," the majority shareholder wishes to clarify that he is unaware of this person.

4. Even in the hypothetical case of this offer existing, it would be rejected.

The intention of the majority shareholder with this statement is to be clear and transparent in response to false affirmations made some people with the intention of deceiving fans and destabilising the club".