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Valencia Club de FĂștbol (also known as Valencia CF or just Valencia or Los Ches) is a football team in the first division of the Spanish Football League. Founded in 1919, Valencia CF is based in the city of Valencia, Spain. The team's home stadium is the 53,000 seat Mestalla, which was opened in 1923. However the team is scheduled to move to a new stadium in the north west of the city in 2009 Valencia CF won the Spanish title for the sixth time in May 2004, their second in three years. Based on income for the 2004-5 season, Valencia CF is the 19th richest club in the world.
They are regular contenders for the Champions League, but missed out last season due to poor form in the second half of the season which left them in seventh place, only a place in the UEFA Inter-Toto Cup and even then failed to qualify for the UEFA Cup as they lost to SV Hamburg in the Inter-Toto Cup final. Their local rivals are Villarreal CF and their matches in La Liga are billed as derbies.