# Valencia CF Lim family involvement > Live situation record from CLSTR: https://clstr.news/situations/valencia-cf-lim-family-involvement > Updated: 2026-08-07T13:57:05.000Z. Sources: 2. Developments: 2. In July 2026, Singapore businessman Peter Lim, the majority shareholder of Valencia CF, made his first visit to the club in seven years. He met senior executives, discussed the upcoming season under coach Carlos Corberán, urged greater transfer‑market spending, and inspected progress on the new Nou Mestalla stadium slated for completion in summer 2027. A week later, his son Kiat Lim accompanied the first‑team squad and club leaders to a traditional floral offering at the Basilica of the Virgin of the Desamparados, marking the start of the 2026‑27 campaign. The club announced a new transfer policy allowing signings without first selling players, and previewed a friendly against Newcastle United to be held at the rebuilt Nou Mestalla. The two visits illustrate a shift from Peter Lim’s re‑engagement on strategic and infrastructural matters to a more ceremonial presence by Kiat Lim as the club moves forward with its season and stadium launch plans. ## Timeline ### 2026-08-07: Kiat Lim visits Valencia CF, joins team at Virgin of Desamparados offering Kiat Lim, son of Valencia CF owner Peter Lim, joined the club’s teams for a traditional offering at the Virgin of the Desamparados basilica, ahead of a new transfer policy and a friendly versus Newcastle United 2 sources. https://clstr.news/cluster/kiat-lim-visits-valencia-cf-joins-team-at-virgin-of-desamparados-offering ### 2026-07-22: Peter Lim visits Valencia and Nou Mestalla construction after seven‑year absence Peter Lim, Valencia CF’s majority owner, visited Valencia on 22 July 2026, met with senior club officials, inspected Nou Mestalla progress and was urged to boost transfer spending ahead of the 2027 stadium hand 2 sources. https://clstr.news/cluster/peter-lim-visits-valencia-and-nou-mestalla-construction-after-sevenyear-absence --- Cite as: Valencia CF Lim family involvement. CLSTR, https://clstr.news/situations/valencia-cf-lim-family-involvement