Los Che, Spanish champions in 2002 and 2004, have been in the news this week with regards to their economic plight, but Valencia general director Javier Gomez insists talk of bankruptcy is well wide of the mark.

"I want to state the following: in first place, what is utterly false is that the club is in bankruptcy," Gomez said on Canal 9.

"Secondly, we are working hard to implement a viability plan that will give economic and financial stability to the club and that, obviously, has its difficulties."

He added: "We are working on the economic viability of the club. It`s having it`s difficulties, as do all businesses. We are working on it and we hope to achieve it.

"To the fans we want to ask them to be calm, because we are working hard to obtain this economic and financial stability and achieve what we all want, which is sporting success. We are working with the financial institutions, as is usual."