Peter Lim and Jorge Mendes, investigated by the Prosecutor’s Office

The spokesperson for Marea Valencianista also highlights that “this is the first time Peter Lim is denounced and investigated as de facto administrator of Valencia CF and Meriton Holdings”and provides different documents of the decree of the Prosecutor’s Office opening the pretrial investigation proceedings.

Full statement

“Miguel Zorío gets the Prosecutor’s Office to investigate Peter Lim, jorge mendesLayhoon Chan and Amadeo Salvo for emptying the box of Valencia CF”

• The Economic Crimes Prosecutor’s Office will investigate those implicated for accounting falsehood in the exchange of Cillessen-Net for 35 million euros.

• They will also be investigated for misappropriation in the transfers made by Meriton since they Amadeo Salvo took over the Presidency of the club.

• The four horsemen of the Valencian apocalypse will be investigated by unfair administration for the payment of overprices in players facilitated directly or indirectly by Jorge Mendes and with investment funds or clubs controlled by the Portuguese agent, a partner of Peter Lim.

• Peter Lim and his necessary collaborators, will be investigated for corruption between individuals and unfair administration for harming the club’s shareholders and the Valencia CF Foundation.

• Peter Lim finally sits in the prosecutor’s seat as de facto administrator of Meriton and Valencia CF.

• He FC Barcelona, ​​Benfica,… will also be the object of investigation.

The Valencia Economic Crimes Prosecutor has agreed to initiate investigation proceedings against “the four suspected of unfairly managing Valencia CF: Peter Lim, Jorge Mendes, Layhoon and Amadeo Salvo”. The facts denounced by Miguel Zorío after a tireless investigation, pThey can be constitutive of a corporate crime due to false accounting, a crime of corruption private entities and crimes against public finances. Now, the Economic Crimes Prosecutor has six months to deepen the investigation, request more evidence, request statements,… to determine if Peter Lim and his necessary collaborators sit on the bench.

The decree of the Prosecutor’s Office opening the pretrial investigation proceedings reads:

“This is the first time that Peter Lim has been denounced and investigated as de facto administrator of Valencia CF and Meriton Holdings, a figure included in the Spanish penal code. Now Peter Lim can no longer hide behind the Presidents and President that he has put in charge of the club in these years. He is the one most responsible, although not the only one, for how Valencia CF has been emptied economically, sportingly and socially” Miguel Zorío has emphatically stated.

You have to remember that Miguel Zorío, former Vice President of Valencia CF, filed on January 30, 2023 in the registry of the Anti-Corruption and Economic Crimes Prosecutor of Valenciaa detailed 29-page complaint against Peter Lim, Amadeo Salvo, Layhoon, Jorge Mendes and the rest of those involved in the alleged and very serious crimes exposed, which range from accounting falsehood, through misappropriation, unfair administration, corruption between individuals and a string of corporate crimes committed by Peter Lim and his puppet executives.

The first fact reported is the illegal transfer of players between the FC Barcelona and Valencia CF for which Neto and Cillessen were sold for a price outside the market to prevent Peter Lim from having to face more than 30 million euros of losses in the Valencian club’s income statement. The directors of FC Barcelona benefited from this same accounting artifice, and all with the relaxed gaze of the LFP. It is a crime of false accounting for which the leaders and owners of the Italian Juventus have already been sanctioned and removed from management. Specifically, the crimes range from fictitious capital gains, false accounting, market manipulation and fraudulent tax returns. Furthermore, in this way the two clubs bypassed the financial control of the LFP and thus avoided closing the financial year with losses and seeing their ability to spend on the squad penalized.

The second big crime focuses on the purchases and sales of players made by Peter Lim. You have to remember that only In one year, Valencia CF spent 211 million euros on players, something only within the reach of ChelseaCity o PSG. The strangest thing of all is that, for example, of the signings of Cancelo, André Gómez, Enzo Pérez and Rodrigo, which cost Valencia CF 95 million euros, almost 35 million euros went to the hands of the participating agents ( Transfer expenses are referred to by Benfica in the documentation it presents to the Lisbon Stock Exchange (Benfica thus saved its financial bankruptcy and received financial assistance from Peter Lim and Jorge Mendes at the expense of Valencia CF).

The documentation presented to the prosecution demonstrates how, for example, Rodrigo and André Gomes were bought from Benfica by Meriton Capital Ltd, from Peter Lim, and later resold to Valencia CF. Rodrigo cost Valencia CF 30 million euros plus another 10 million in variables, while Gomes cost 15 million and Benfica (also controlled by those investigated) kept 25% of a future sale of the player. Of Rodrigo’s 30 million euros (plus 10 in variables), only 12.6 arrive at Benfica. Of the 15 million euros of André Gomes, 5.5 are lost due to expenses. For Enzo Pérez, Valencia CF paid 25 million euros and more than 6 million went to transfer expenses.

The participation of investment funds and clubs linked to Jorge Mendes in these arrangements, are the ones that focus the crimes of unfair administration and corruption between individuals: Benfica Stars Fund or Quality Sports Investments. All this with the help of the President of Valencia CF at all times, and with the approval of the de facto administrator of the ché club, Peter Lim.

Besides, lThe prosecutor’s office will investigate the damage that occurred to Valencia CF and the club’s Foundation in the purchase of the shares that Amadeo Salvo provided to Peter Lim. The Prosecutor’s Office accepts the price paid for the shares as evidence of a crime, which represents a 67 million euro undervaluation of the asset valuation carried out at that time by the LFP itself. It also accepts as a criminal indication that this purchase may have been financed with the overprice placed on the players bought and sold by Valencia CF during the Lim era. It must be remembered that he has moved more than 1000 million euros in the player store that he has set up in Mestalla. In all these cases we are talking about a possible crime of misappropriation and unfair administration.

Finally, the prosecution announces that it will investigate those allegedly involved and, following the request for evidence requested by Miguel Zorío, You can urge Valencia CF and the rest of the clubs, agents and organizations to present the bank statements of the operations, the commercial documentation of the transfers, the contracts of the players and agents involved, the LFP reports that endorse the binding appraisals, the payments to all the companies directly or indirectly related to those involved and the collection of fees, expenses and salaries of the Presidents of the club of the Meriton stage, also included in the stage that the SAD’s own statutes prohibited receiving any remuneration. Miguel Zorío also asked that a report be requested from the legal services of the RFEF on the responsibility of the LFP and the players’ agents while monitoring.

Miguel Zorío wants to convey to Valencianism that “it’s time to react. That we are closer than ever to recovering the club. We must tell Peter Lim that we don’t want him here. But we must also tell our policy makers that they cannot benefit this expert on tax havens.. Valencian society must create a true cordon sanitaire against Lim, Mendes, Layhoon and Salvo. The financial executives of Valencia CF should think about collaborating with the courts, since it is very difficult to think that all this money could have been moved without their knowledge. This medicine should also be applied to the SAD auditor. In the same way that this neutrality measure of the Valencia CF Players Association is no longer valid. We must all go together against these alleged criminals. Either we are with them or against them. That is why today is a great day: finally, Peter Lim and his henchmen will be investigated by the Valencian justice, for this massacre that Meriton has carried out and is carrying out against Valencia CF and Valencianism. Let’s hope that the prosecution of accounting crimes manages to demonstrate that they have emptied the box in front of our noses and ends up denouncing all these outrages in court.