Enric Carbonell addresses the club's current situation

Valencia Basket CEO Enric Carbonell spoke today to analyze the club's current situation.

Valencia Basket is a unique project with a very clearly defined model. We have an owner who provides us with the tools to grow—spending 400 million on a city-defining project like the Roig Arena or 22 million on the Alqueria del Basket—rather than investing millions year-to-year on the roster to build a team that might lack continuity and offers no guarantee of success. It is with this philosophy that we have experienced the season we just had.

Of course, that does not stop us from wanting to grow progressively. We have a larger budget than last year, and we will have an even larger one next year. We cannot expect to match the massive budgets of top European clubs, but our project grows year by year, and that is how we have reached where we are today.

This philosophy has not prevented the club from making significant financial efforts to retain key parts of the project. Regarding those who are leaving, we can state that they are not departing because they lacked a strong financial offer from Valencia Basket, nor because of a shift in philosophy or a lack of ambition. We cannot force anyone to stay if their wishes lie elsewhere. However, we fought hard to keep them, with the sole limitation being that Valencia Basket’s philosophy prevents us from entering into multi-million-euro bidding wars for every player against teams with far larger budgets. That is not our model.

We can assure you that the club will endure—because the club comes first—and that we will field a strong roster, remain competitive, and continue growing as a project with people who truly want to be here.

 As has been said recently: We are a great club. There will be changes—because life is about change—and some will leave, but what matters is maintaining our philosophy, sticking together, and believing in what we do.