Valencia CF unveiled their new football kits for the 2007/2008 season.The kits are again manufactured by Nike and sponsored by Toyota.
The club was established in March 5, 1919 and officially approved in March 18, 1919, with Octavio Augusto Milego Díaz as its first president; incidentally the presidency was decided by a coin toss. The club played its first competitive match away from home on 21 May 1919 against Valencia Gimnástico, and lost the match 1-0.
Valencia CF moved into the Mestalla stadium in 1923, having played its home matches at the Algirós ground since 7 December 1919. The first match at Mestalla pitted the home side against Castellón Castalia and ended a 0-0 draw.
In the 1950s, Mestalla was restructured, which resulted in a capacity increase to 45,000 spectators . Today it holds 53,000 seats. However Valencia is scheduled to move to a New stadium in the north-west of the city Valencia in 2009. The Nou Mestalla, as it will be called, should hold around 75 000 spectators and will be given 5 star status by FIFA (as its design is specifically built to attain that ranking).
In another match the day after, Valencia won against the same opposition 1-0. Valencia CF won the Regional Championship in 1923, and was eligible to play in the domestic Copa del Rey cup competition for the first time in its history.