Pitchwise agrees to buy 42% of Valencia CF from Meriton

Valencia CF said Pitchwise Holdings, led by Ann Rodriguez and Corey Woolfolk, would acquire 42% from Meriton Holdings, Reuters reports. The deal values the club at €1.25 billion including debt. Pitchwise’s backers include KKR co-founders George Roberts and Henry Kravis. Meriton would retain a majority stake, while the investors would inject €100 million. The sale remains subject to closing conditions, including regulatory approvals.