Around 12 months ago, rumours that Valencia were going to be taken over by Peter Lim, a Singaporean businessman, were met with a mixture of happiness and trepidation.
Why would anyone want to buy this once glamorous Spanish side who had sold all of their crown jewels off in the last decade and who were in so much financial difficulty that a new stadium, the Nou Mestalla, stood as a huge white elephant and a monument to everything that had gone wrong at Los Che over the previous decade?
When it became clear that Lim was indeed serious about bringing the glory days back to Valencia, the feel good factor that accompanied his eventual appointment as owner was met with wild celebration.
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Nuno Santo, installed as manager, was doing a super job of ensuring that on-pitch matters dictated that punters would once again keep the turnstiles rattling.
Lim backed his manager to the hilt with the purchases required - an eventual Champions League qualification at the end of 2014/15 was a just reward for everything good that the club had done in the previous 12 months.
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The blessing has quickly turned into a curse, however.
So much so that fans are already calling for the manager’s head, just eight weeks into the 2015/16 La Liga season.
A failure to sell Alvaro Negredo has hit the club hard. Having a clause inserted in the player’s loan contract that they would purchase him at the end of the loan has been a disaster.
Nothing like the centre-forward of his early Manchester City or even Sevilla days, Valencia have been left with a lumbering carthorse of a player on a not insignificant amount of salary. The interest of West Ham and others came to nothing and meant that significant funds could not be utilised elsewhere.
Lim hasn’t been as visual this season, preferring to remain in the background. It has led to rumours that his interest in the club and its future may have subsided, but the likelihood of the same is miniscule. Any rumours are just mischievous and unhelpful.
No titles are ever won after the first eight games of any season and if Lim can take a longer term view and not react to pressure from the locale, then his faith will be repaid.
It’s worth recalling that they took Barca to the 95th minute at Mestalla last season before the Blaugrana could infiltrate the fortress. At the Camp Nou only bad luck stopped them from equalising Barca’s first-minute opener, eventually succumbing to a Lionel Messi 94th-minute second.
Such fine margins can be the difference between a treble and no silverware. Hardly the time to panic is it?
With Phil Neville also making a name for himself as Nuno’s number two, the club are still well set to continue the good news story.
Rome wasn’t built in a day and neither will Valencia be, but dismantling the foundations will mean there’s no chance of eventual nirvana.
Valencia fans, should Lim axe Nuno? Let us know your thoughts on the situation in the comments box below.