Coach Ernesto Valverde to leave Valencia

Coach Ernesto Valverde to leave Valencia

Published Jun. 1, 2013 7:37 p.m. ET

Valencia coach Ernesto Valverde will not continue with the Spanish team next season.

Valverde announced that he will be moving on after Saturday's 4-3 loss at Sevilla that meant it finished the season in fifth place and failed to qualify for the Champions League.

He said that he had taken the decision some time before but had not made it public to ''maintain the competitive spirit of the team.''

Valverde arrived in Valencia in December on a six-month contract. The club has been mired in serious financial problems and has changed presidents.

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Former Valencia player Miroslav Djukic coached his last game for Valladolid on Saturday and has been rumored to be Valverde's replacement.

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