In seven Eurocup seasons, Valencia Basket has reached the quarterfinals at least in each and every occasion, so it is safe to say it is a signature club in the competition. Valencia won Eurocup titles in 2003 and 2010, reached another final in 2012 and has been to two other semifinals, including last season. Valencia rallied from a 22-point deficit to grab a life-saving 96-103 overtime win over VEF Riga late in the Last 16, then downed Unics Kazan in the quarterfinals before stepping out against eventual champion Lokomotiv Kuban Krasnodar in a close semifinals series. Founded in 1986, Valencia reached the top Spanish League in 1988, but did not stick for good until 1996. Two years later the team claimed its first success, the Spanish King's Cup title, by downing DKV Joventut in epic fashion. Soon the then-called Pamesa Valencia became a regular in the Spanish playoffs. In Europe, Pamesa reached the Saporta Cup final twice, losing in 1999 to Benetton and in 2002 to Montepaschi. Everything changed for Valencia in the 2002-03 season. First came its first ULEB Cup title as Pamesa swept Krka Novo Mesto in the finals led by Dejan Tomasevic, Nacho Rodilla and Fabricio Oberto. Pamesa then reached the Spanish League finals before losing to Barcelona. In its debut Euroleague season in 2003-04, Pamesa reached the Top 16 and came within one win of reaching the Final Four. Even though the club did not play the Euroleague again until 2010-11, it has had plenty of success in the Eurocup, reaching the semifinals in 2005 and making back-to-back trips to the Final Eight in 2007 and 2008. The 2009-10 season marked a new turning point. Coach Neven Spahija and players like Matt Nielsen, Nando De Colo and Victor Claver helped the then-called Power Electronics Valencia to its second Eurocup title ovet Alba Berlin 44-69 in the title game in Vitoria, Spain. The following season, Coach Svetislav Pesic arrived after a bad start and led Valencia to a dream season that featured wins against Panathinaikos, CSKA and Real Madrid, among others. Led by Dusko Savanovic, Omar Cook and De Colo, Valencia reached the Euroleague Playoffs before losing against Madrid. Valencia had yet another outstanding Eurocup campaign in 2011-12 and reached the title game, but BC Khimki stood in its way to the trophy with a 77-68 win. Last season Valencia remained competitive on all fronts, as a Eurocup semifinals appearance, a trip to the Copa del Rey final and a fourth-place finish in the Spanish League regular season proved. The current goal becomes the lifting the Eurocup trophy in May 2014.
Eurocup: 2002-03, 2009-10
Spanish National Cup: 1998