Portuguese official: It has been profitable for four consecutive seasons, with a profit of up to 20 million euros in fiscal 24-25
12:45pm, 12 September 2025Football
Hupu September 12th News Portugal Sports Holdings Company submitted its 2024/25 fiscal year performance report to the Portuguese Securities Market Committee (CMVM) for the 2024/25 fiscal year ended June 30, 2025.
The Frederico Varandas, led by Frederico Varandas, posted a profit of 20 million euros, with a total profit of 82.3 million euros over the past four seasons, setting an unprecedented record for four consecutive seasons. In a 202-page document, Portuguese Sports' holding companies hit a new high of €265 million, an increase of 7.4% over the same period last year, and its operating profit reached €45 million, 3.1 times that of the 2023/24 fiscal year.
In terms of revenue and profit alone, excluding player transactions, the team's turnover exceeded 148 million euros, equivalent to nearly 56% of its total turnover.
It is worth noting that the company (not a club here, but a company) has increased its assets from 376 million euros to 420 million euros; although liabilities also increased from 353 million euros to 379 million euros, the net asset value of Portugal Sports still doubled from 20 million euros to 40 million euros.
It is worth noting that although Kunda and Essugo transfer to Chelsea at a high price (worth more than 72 million euros), Ruben Amorin transfers to Manchester United (revenues 11 million euros), the funds also include investments in Conrad Harder (19 million euros), Maxi Araujo (15 million euros) and Zeno Debaster (the total paid by Portugal Sports has reached 18 million euros), in addition to Winter Signing Rui Borges and his coaching staff, goalkeeper Rui Silva (4.5 million euros on loan) and winger Bill (6.4 million euros).
Former Levante player Kocho Rashvili (fixed fee of €5.5 million) and former Leria player Alison Santos (2.1 million) are also included in the above report.
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