FC Porto: Galeno shines, loans ongoing, membership on the rise | OneFootball

The departure of Galeno to Al Ahli Jeddah in January positioned itself as the third highest gain ever for FC Porto in the sale of player passes. Of the 50 M€ from the operation, the club recorded a profit of 34.9 M€, only below the transactions of Otávio to Al Nassr (39.6 M€) and Vitinha to PSG (almost 35.5 M€). The top 5 is completed with Nico González to Manchester City (30.9 M€, also in January) and Fábio Vieira to Arsenal (28.8 M€).

“Transfer of the sporting registration rights of the player Wenderson Galeno to Al-Ahli Saudi Football Club, for the amount of 50,000 thousand Euros, which generated a *profit of 34,949 thousand Euros*, after deducting the total amount of 15,051 thousand Euros related to: (i) net book value; (ii) costs for intermediation services provided by Bertolucci Assessoria e Propaganda Esportiva, Ltda; (iii) effect of the financial update of medium-term accounts receivable originated by this transaction; and (iv) responsibilities with the solidarity mechanism”, informed the club's managers.

Regarding the financial loans item, FC Porto has about 228.8 M€ in bond loans, of which 4.8 M€ correspond to current liabilities and the rest to non-current. On June 30, 2024, in this same item, the current liability was at 50 M€ and the non-current at 54.3 M€.

As for bank loans, the 2024/25 season ended with the final operations settled, after 1.6 M€ outstanding in the previous year. The "Other loans" item recorded a reduction in both current and non-current liabilities - from 62.2 M€ to 29 M€ and from 79.3 M€ to almost 14 M€, respectively.

The document from the dragons also describes the evolution of the membership framework, beyond the mere numerical increase. “In the 2024/2025 season, the FC Porto membership base recorded exceptional dynamism, with a growth of 77% in new admissions compared to 2023/2024, which corresponds to 17,500 new registrations. Demand was concentrated in July, August, and March, months that together represented 46% of total admissions. The profile of the new members shows a clear rejuvenation of the Portista community: 26% are under 10 years old, 58% are under 30 years old and the average age of registrations is 27 years. In terms of gender, 29% of new registrations are women (average age 23 years) and 71% are men (average age 29 years), reflecting a plural and expanding base. The geographical distribution keeps the club rooted in the national territory and close to the diaspora. Portugal represents 90% of new admissions. Among the rest, countries traditionally linked to Portuguese emigration - Switzerland, France, and Luxembourg - make up 7%, with the remaining markets being residual. Internally, the Porto region concentrates 65% of registrations, followed by Braga (9%), Aveiro (9%) and Lisbon (6%), with residual distributions in the remaining districts”, explained the FC Porto managers.

This growth accompanies the strong demand for Annual Places and the consequent increase in revenues, as described in the report: “The sale of annual places at the Estádio do Dragão exceeded the best expectations and broke all records of the last 15 years. On the eve of the start of one of the most challenging seasons in memory, with FC Porto involved in six fronts (Supercup, Portuguese League, Europa League, Portuguese Cup, League Cup and Club World Cup), the blue and white members had responded affirmatively to the call, massively adhering to the Dream Chair. Almost a month before the official debut at the Estádio do Dragão, almost four thousand more places had been sold than in the same period of the previous season, achieving a growth of 20%, which attests to the mobilization of the Portistas. Only during the renewal period, which ran until July 11, the number of Dream Chairs purchased practically surpassed the total number of annual places sold throughout the 2023/2024 season, including the second round annual place. This growth represents an increase in total revenue with season tickets of around 33%, a value for which the availability of seven thousand new places that were previously blocked and, therefore, far from the reach of members was decisive.”

This article was translated into English by Artificial Intelligence. You can read the original version in 🇵🇹 here.