Football business

A decade ago, Portugal’s Professional Football League was on the brink of bankruptcy – rudderless and divided. Ten years later, celebrity referee Pedro Proença arrived and turned the ship [...]

Portugal’s Benfica Football Club (Benfica SAD) posted a negative net result of €31.36 million euros in 2023/24, according to economic and financial information reported to the Portuguese [...]

The US entrepreneur John Textor says he is no longer interested in becoming a major shareholder in Benfica football club, but now is interested in investing in FC Porto. The millionaire [...]

The leader of the ruling PS party in parliament has suggested that the Resolution Fund which was set up to support the capitalisation of Novobanco created after the collapse of Banco Espírito [...]

Portugal’s famous football club Sporting has already netted €40 million from floating 3,336 shares on the market which were eagerly snapped up by investors and fans. Half of the investors (56.4%) [...]

The US tycoon and investor John Textor told the board of Benfica Football Club (SAD) on Wednesday that he intended to get the club listed on the New York stock exchange. According to Lusa John [...]

Former Benfica president, Luís Filipe Vieira says he doesn’t have the money to pay his debts amounting to €160 million. The ex-football club mogul did so just two weeks before the court deadline [...]

The Lisbon-based Portuguese startup RealFevr has bagged US$1.5 million (€1.2 million) from the sale of non-fungible token (NFT). RealFevr is composed of two dynamic components: the fantasy [...]

Benfica has managed to meet its financial needs by raising the €35 million it needed from a bond issue aimed at small savers, many of them club members and fans. It sold 1,887 bonds despite the [...]

The Portuguese tax payer may have to foot the bill for a €31 million debt to the public bank Caixa Geral de Depósitos taken out by former Benfica football boss Luís Filipe Vieira. The Public [...]