Layhoon Chan will take over the role after the 48-
year-old stepped down, citing personal reasons,
along with a number of executives
Valencia president Amadeo Salvo has stepped
down from his post with the Liga club, citing
"personal and family reasons".
Salvo departs the club along with sports director
Francisco Rufete, secretary Fabian Ayala and five
others, with the former's exit reportedly due to his
father's battle with cancer.
The 48-year-old said he felt he had improved the
Mestalla club's fortunes in recent times, with
Valencia back in the Champions League for the fir
time since 2013.
"Two years ago the club was definitely worse off
than now," Salvo said in a statement.
"It was a club in decline and today it is thriving
and there is a new-found excitement.
"Now, Valencia CF are in good hands and the club
has a great future ahead with Layhoon [Chan] and
[owner] Peter Lim.
"I ask the fans to continue to always support the
team, as I will now do from my seat at Mestalla as
a fan - as I did before becoming president."
Chan has taken over the presidential reins.
"Personally, this is a difficult period for me, but I'
sure that Valencia CF is above all of us and that w
will emerge stronger in no time," she said.
"My goal is to gain the trust and support of the
fans and shareholders."
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