Former Manchester United and England defender Gary Neville has been named as Valencia's new head coach.
The 40 year old told the press today that he was "absolutely thrilled to be given this opportunity by Valencia".
"Valencia are a huge football club of immense standing - and I know from my time as a player the passion and dedication of the Valencia fans," he added.
Neville has stepped down from his job as a commentator with Sky Sports, but will remain on the England coaching staff.
Club president Layhoon Chan said of Neville: "He is hugely respected in English football and it was his personal qualities which persuaded us that he was the right choice to lead Valencia until the end of the season." Chan and Neville will give a news conference on Thursday.
Neville's brother Phil, who joined the Spanish club as assistant manager in July, will stay on the coaching staff, assisting interim head coach Voro for Valencia's next two matches, away to third-tier side Barakaldo in the Copa Del Rey on Wednesday and at home to Barcelona in La Liga on Saturday.
Next Wednesday's Champions League home match against Lyon will be Gary Neville's first match in charge.
Neville replaces Nuno Espirito Santo, who resigned after Sunday's 1-0 defeat at Sevilla, a result that left Valencia ninth in the Spanish league. The club finished fourth last season, but have won only five of their opening 13 league matches this term.