Valencia GM Mateu Alemany is staying after a series of crunch meetings with owner Peter Lim.
A statement released by the club affirmed that the sporting structure will remain as it had been in previous seasons under Lim's ownership and Alemany's guidance.
"In a meeting held on Friday in Singapore by the top shareholder of Valencia CF, Peter Lim, with president Anil Murthy, executive director Kim Huat Koh, and general manager Mateu Alemany, a positive review has been carried out and an analysis of the functioning of the sporting structure which will continue in the way it has been in the last seasons."
In addition, the statement went on to speak of Lim's confidence in Murthy and the long-term project.
"After the meeting, Peter Lim reiterated to the club's leadership, headed by president Anil Murthy, his deep enthusiasm and firm long-term commitment to the project he leads and his support to the professionals who, by consensus, manage the club, with the aim of continuing to advance in the successful growth of a club that wants to continue competing alongside the best in the world of football, with a very firm commitment to the young talent players developed in its academy."