Valencia debt reaches €592.8m ahead of shareholders' meeting

Valencia's debt stands at €592.8 million, with 93% of it long-term, according to figures published ahead of the club's shareholders' meeting on 9 December, as reported by AS. The club has made its auditors' reports and balance sheet available to shareholders.

The accounts show Valencia has again closed the financial year with a profit after tax of €320,000. The club's budget for the current season is €105.7 million.

The figures were reported by AS and have not been presented as official confirmation beyond the documents released ahead of the meeting.