Ecuadorian club Liga de Quito announces departure of Antonio Valencia due to economic crisis

Ecuadorian midfielder Antonio Valencia poses for the media after receiving a tribute at the presidential palladium in Quito. FILE PHOTO. REUTERS / Daniel Tapia (STRINGER /)

QUITO, Jul 4 (Reuters) – The Ecuadorian club Liga Deportiva Universitaria announced on Saturday the departure by mutual agreement of soccer player Antonio Valencia from the team, due to the economic crisis that the country is going through amid the pandemic.

The midfielder and figure of the Ecuadorian soccer team linked with the traditional team from the capital Quito in June last year for two seasons ending in 2021.

“Due to the complicated situation that our country is going through, Antonio Valencia and Liga Deportiva Universitaria have been forced to make some difficult decisions,” the team said in a statement.

“A mutual agreement has been reached to end their contractual relationship,” he added, without giving details of the agreement between the soccer player and LDU.

The player had a successful career at English Manchester United, where he remained for 10 years until he announced his departure from the club in May. Before he played for the European teams Wigan Atletic, Villarreal and Recreativo de Huelva.

Valencia, 34, has said that his return to the country after leaving European football was due to family reasons, rather than economic ones.

The footballer did not comment on his plans after his departure from the team.

“Antonio Valencia appreciates all the support, endorsement and affection received from leaders, colleagues, officials and the great fans, leaving the doors open to, in the future, continue to seek great joint objectives,” the statement added.

Ecuador faces severe liquidity problems due to the fall in oil prices and the coronavirus pandemic, which strongly affected the city of Guayaquil in March and April.

(Report by Alexandra Valencia. Edited by Marion Giraldo)