Valencia CF Foundation
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Valencia CF Foundation
Valencia CF Foundation is a nonprofit organisation whose function is to promote the historical heritage of the Valencia Football Club in Spain. It supports the underprivileged through sports and encourages attachment to the city of Valencia. History Although there is no clear account of when the Foundation was created (possibly between 1992–1994), it is thought to have been conceived after the conversion of Valencia CF into a "Public limited sports company" or S.A.D. (Sociedad Anónima Deportiva). The Foundation gained notoriety in the summer of 2009 when it received a loan from Bancaja (now known as Bankia) allowing the football club to avoid bankruptcy. The Foundation took 72% of the club's shares, becoming the majority shareholder. This loan was backed by the Valencian Finance Institute (IVF) which belongs to the Valencian government. After years of delaying payments to the government of Valencia (sponsor) and Bankia (main creditor of the club), during the General Meetin ...
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Valencia
Valencia ( va, València) is the capital of the Autonomous communities of Spain, autonomous community of Valencian Community, Valencia and the Municipalities of Spain, third-most populated municipality in Spain, with 791,413 inhabitants. It is also the capital of the Province of Valencia, province of the same name. The wider urban area also comprising the neighbouring municipalities has a population of around 1.6 million, constituting one of the List of coastal settlements of the Mediterranean Sea, major urban areas on the European side of the Mediterranean Sea. It is located on the banks of the Turia (river), Turia, on the east coast of the Iberian Peninsula, at the Gulf of Valencia, north of the Albufera lagoon. Valencia was founded as a Roman Republic, Roman colony in 138 BC. Al-Andalus, Islamic rule and acculturation ensued in the 8th century, together with the introduction of new irrigation systems and crops. Crown of Aragon, Aragonese Christian conquest took place in ...
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Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish language, Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary state, Unitary Parliamentary system, parliamentary constitutional monarchy , leader_title1 = Monarchy of Spain, Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister of Spain ...
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Nonprofit Organization
A nonprofit organization (NPO) or non-profit organisation, also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status. Key aspects of nonprofits are accountability, trustworth ...
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Valencia CF
Valencia Club de Fútbol (, ca-valencia, València Club de Futbol ), commonly referred to as Valencia CF (or simply Valencia) is a professional football club based in Valencia, Spain, that currently plays in La Liga, the top flight of the Spanish league system. Valencia were founded in 1919 and have played their home games at the 55.000-seater Mestalla since 1923. Valencia has won six Spanish League titles, eight Copa del Rey titles, one Supercopa de España, and one Copa Eva Duarte. In European competitions, they have won two Inter-Cities Fairs Cups, one UEFA Cup, one UEFA Cup Winners' Cup, two UEFA Super Cups, and one UEFA Intertoto Cup. They also reached two UEFA Champions League finals in a row (2000 and 2001). Valencia were also members of the G-14 group of leading European football clubs and since its end has been part of the original members of the European Club Association. In total, Valencia have reached seven major European finals, winning four of them. It is on ...
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Sociedad Anónima Deportiva
Sociedad anónima deportiva ("Public limited sports company") is a special type of public limited company in Spain. The new legal status was introduced in 1990http://www.csd.gob.es/csd/asociaciones/6SAD/ (Spanish) to improve financial management and transparency in sports clubs. Many Spanish Association football, football and basketball clubs add the suffix S.A.D. to the end of their official name, e.g. Atlético Madrid, Club Atlético de Madrid, S.A.D. Every club which plays in Segunda División or Liga ACB and remains in the league is obliged to convert to S.A.D. status. For historical reasons, Athletic Bilbao, Athletic Club, FC Barcelona, Real Madrid C.F., Real Madrid and CA Osasuna, Osasuna were allowed to retain their status as non-commercial sports associations. List of clubs Football Basketball See also * List of football clubs in Spain * Sociedade Anónima Desportiva References External links List of SAD at CSD website91360.co , sport business website [Baidu]  


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Bankia
Bankia () was a Spanish financial services company that was formed in December 2010, consolidating the operations of seven regional savings banks, and was partially nationalized by the government of Spain in May 2012 due to the near collapse of the institution. As of 2017, Bankia was the fourth largest bank in Spain with total assets of €179.1 billion. In 2021, the bank merged with CaixaBank to create a new entity but preserving the name of the latter. History Formation and IPO Bankia was formed on 3 December 2010, as a result of the union of seven Spanish savings banks that had a major presence in their historical core regions. The merger of the seven banks, known as 'cold fusion', took only four months, with the integration contract being signed on 30 July 2010. Caja Madrid, which was itself owned by the government of the Community of Madrid, held controlling interest. The distribution of shares was as follows: * 52.06% Caja Madrid * 37.70% Bancaja * 2.45% La Caja de Ca ...
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Generalitat Valenciana
The Generalitat Valenciana is the generic name covering the different self-government institutions under which the Spanish autonomous community of Valencia is politically organized. It consists of seven institutions including the ''Corts Valencianes'' (or autonomous Parliament), the President of the Generalitat, or the autonomous government itself (or ''Consell''). Its functions are regulated by the Valencian Statute of Autonomy. Despite being also present in various cities of the Valencian Community, the main locations of the autonomous Parliament, presidency of the Generalitat and the ''Consell'' are all in the city of Valencia. There is also an office in Brussels appointed by the Generalitat Valenciana lobbying before the European Union. President of the Generalitat The current President of the Generalitat Valenciana is Ximo Puig of the Socialist Party of the Valencian Community (PSPV-PSOE), who was born in Morella (in Els Ports, province of Castellón). He assumed the ...
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Peter Lim
Peter Lim (born 21 May 1953) is a Singaporean business magnate who was a stockbroker, and is now a private investor who has invested in sectors ranging from palm oil to medicine. In 2019, Forbes ranked him as the 10th richest person in Singapore with a net worth of US$2.5 billion. He is a shareholder of English club Salford City and the owner of Spanish La Liga club Valencia CF since 2014. In 2010, Lim won the biggest libel payout in Singapore's history in the Raffles Town Club saga. Early life The son of a fishmonger, Lim and his seven siblings grew up in a two-bedroom government flat in the Bukit Ho Swee public housing estate. Lim completed his secondary school education at the Raffles Institution. After National Service, he went to Perth to study at the University of Western Australia. To fund his university education, Lim worked part-time doing odd jobs as a taxi driver, cook and waiter. It was while working at Australian fast-food chain Red Rooster that he learnt how bu ...
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Meriton Holdings
Meriton is an Australian property developer and construction company founded by Harry Triguboff AO, its managing director, in 1963. Meriton sells apartments and also operates serviced apartments accommodation under its Meriton Suites brand in Sydney, Brisbane and the Gold Coast. In 2007, it was estimated the company was building about 1,200 apartments each year. By 2010 this figure had increased to 2,000 units. It is estimated that over the past 50 years, Meriton has built more than 65,000 residential apartments on the east coast of Australia. It also offers serviced accommodation in 17 locations. On 13 November 2013, Meriton celebrated its 50th anniversary with a party on Sydney Harbour for more than 300 current and former employees, friends, family and dignitaries from the political and business world. 2014 was a record year for the apartment developer, with the company's annual turnover rising more than 50 per cent to $2 billion, bringing it to 11th place in IBISWorl ...
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Mestalla Stadium
Mestalla Stadium ( es, Estadio de Mestalla , ca-valencia, Estadi de Mestalla ) is a football stadium in Valencia, Spain. The stadium is the home of Valencia Club de Fútbol and has a capacity of 48,600 seats, making it the 8th-largest stadium in Spain, and the largest in the Valencian Community. The stadium's name originates from the historic irrigation canal of Mestalla, which was originally outside the south stand of the stadium and had to be jumped over in order to get to the ground. The North Stand of the stadium is known for its very steep section. History The Estadio Mestalla was inaugurated with a friendly match on 20 May 1923 between Valencia CF and Levante UD. The new stadium had a capacity of 17,000 spectators, which was increased to 25,000 four years later. During the Civil War, the Mestalla was used as a concentration camp and storage warehouse. It would only keep its structure, since the rest was an empty plot of land with no terraces and a grandstand damaged during ...
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