Valencia boss Javi Gracia told ‘it would cost him £2.7m to quit’, with former Watford boss fuming after seeing SIX stars sold and being given NO replacements during transfer window
- Former Watford boss Javi Gracia only took charge of Valencia back in July
- New recruits were promised to Gracia but none arrived before Monday deadline
- The 50-year-old now wants to leave the club over broken promises
- However Wednesday meeting with chief has led to him staying on at the Mestalla
- Gracia has reportedly been told it will cost him €3m (£2.7m) to resign
Javi Gracia is set to remain as Valencia manager despite reportedly intending to resign after seeing his squad decimated during the transfer window.
The former Watford boss only took charge at the Mestalla this summer but has been left disillusioned with the club’s transfer business, claiming the club have broken promises made to him prior to taking up his role.
Javi Gracia wants to leave his role as Valencia manager but it will cost him £2.7m to do so
The former Watford manager has been left angered over broken promises regarding his squad’s development this summer which has seen six players sold and no replacements
However Gracia was left in despair after first-team regulars such as Ferran Torres, Dani Parejo, Ezequiel Garay, Francis Coqueilin, Rodrigo Moreno and Cristiano Piccini all exited the club.
To make matters worse for the 50-year-old, no players were brought in to replace them despite being promised new recruits.
Spanish media reports claim Gracia contacted club president Anil Murthy in order to inform club owner, Singaporean billionaire Peter Lim, that he intended to resign.
Ferran Torres was among the key men to depart, joining Manchester City for £37million
Valencia have gained respectable results on the pitch in LaLiga under Gracia where they lie sixth in the table, but they fell to a 2-0 home loss against Real Betis on Sunday
Although he never had the chance to speak to Lim, he had a two-hour meeting with Murthy that resulted in him staying in his role as manager after being informed it would cost him €3m (£2.7m) to walk away from the club.
Given the severe depletion of his squad, Gracia has made a positive start on the pitch with Valencia sitting a respectable sixth in LaLiga at the start of the season.
Following their first five matches they have won twice, lost twice and drawn once, although a 2-0 defeat by Real Betis on Sunday highlighted their squad issues.
Owner Peter Lim sold much of Gracia’s first team from under him during the transfer window