Football: A bankrupt club is not a better club, Peter Lim tells Valencia fans as club's hierarchy issues open letter

Above: Dani Parejo, Valencia's former captain who was sold to Villarreal, and Jaume Domenech carrying the Spanish King's Cup - the club's first trophy in 11 years - during celebrations in May last year. Below: Ferran Torres, taking on Real Madrid's F
Dani Parejo, Valencia's former captain who was sold to Villarreal, and Jaume Domenech carrying the Spanish King's Cup - the club's first trophy in 11 years - during celebrations in May last year.PHOTO: EPA-EFE

SINGAPORE - Valencia president Anil Murthy has told the Spanish La Liga's club's supporters that it needs to be "responsible" as it braces for the "serious" impact of Covid-19 on football.

In an open letter to them on the club's website, the 47-year-old Singaporean, a former diplomat, sought to explain the realities facing the club on two fronts: the summer market in signing players and plans to build a new stadium.

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