Dragons’ equity is worse than during the pandemic. In five years they accumulated 114 million losses. In the same period, Benfica and Sporting each made a profit of around 20 million
The sale of Otávio’s pass to Al Nassr, in August, will help Porto’s accounts this year but, as it was not done in the previous year, it left the financial wound of its Sociedade Anónima Desportiva (SAD) even more exposed. With a loss of 47.6 million euros, the third worst ever, the problem of recent years was further aggravated: never, since it was created on August 5, 1997, has FC Porto’s SAD had such a negative difference between assets and liabilities, totaling 176 million euros. Neither FC Porto’s SAD nor any other in Portugal. Read the full article in Negócios.
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2023-10-17 18:54:38
#Porto #SAD #profound #technical #failure #Porto #Jornal #Record
