The court accepted the proceedings complaint filed contra Peter Lim and several directors of Valencia, in which they are accused of unfair administration and corporate crimes, among others.This legal move implies that the court finds that there are sufficient indications to launch an official investigation into the reported events, according to journalist Paco Lloret on the X social network.
The complaint states irregularities in connection with club management under the leadership of Meriton Holdingsled by the ownership group Peter Limwhich holds majority shareholder of Valencia. Among the charges are: falsification of annual accounts, simulation of contracts and alleged violations of capital increase;l. According to the complainants, who prefer to remain anonymous, these actions would have favored Lim’s interests and his business group to the detriment of Valencia.
One of the central elements of the investigation is alleged modeling of financial support to the clubwhich, according to the plaintiffs, shows that Meriton Holdings is acting as a an insolvent shell company. This argument supports the charge that personal interest of the largest shareholder Regarding the economic and sporting interests of the subject of Valencia.
Acceptance of appeal consideration does not imply guiltbut it does initiation of legal proceedings in which evidence will be evaluated, statements will be taken, and facts will be analyzed to determine whether there are criminal charges.This news is breaking one day before the general meeting of shareholdersthe first in which it is possible to enter with the action, after the closure that the club imposed through representation interest after the pandemic.
The case is in a initial stageand the upcoming proceedings are expected to shed more light on the allegations and the financial situation of Valencia CF under the management of Meriton Holdings.