Tuesday briefing: Valencia CF losses ease to €1.2 million for 2022/23

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Valencia CF have reported a €1.2 million loss for the year ending 30th June 2023, a vast improvement on the €44 million deficit suffered in 2021/22.

Operating income reached €121 million, up 10 per cent compared with the €110 million earned the previous year.

Competition revenue doubled to €12.3 million, reflecting an increase in ticketing income and also the €3 million the Spanish Football Federation (RFEF) agreed to pay Valencia to settle the conflict over the distributi

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