José Pedro Pereira da Costa: “We want to keep our finances in order” | OneFootball

Despite the "impact that sporting success has on the accounts," and after a sports season below expectations, FC Porto's SAD closed the last financial year with a record profit of 39.2 million euros and intends to "continue to grow in commercial revenues." After presenting the results for 2024/25, José Pedro Pereira da Costa emphasized the importance of "having the accounts up to date and the current liabilities financed by the current assets" and stated that "this summer market is already a good base" to "have a good 2025/26 financial year."

The revenues of 2024/25“Given the impact that sporting success has on our accounts, it is very difficult to compensate for this with other types of revenue. We have three revenue streams: UEFA, television rights, and commercial. Television rights will be fixed until 2028, so the only leverage would be commercial revenue, but it is impossible to grow them by 30 or 40 million in the short term. In other markets, it is possible, but here it is difficult.”

The 2025/26 financial year“This year there are two levers. Sporting success, because if we go further in the Europa League, that will help. Last year we fell in the play-off, and this year we would like to move forward or go all the way. From a financial point of view, this always has some impact, although always a level below the Champions League. The other lever is to continue growing in commercial revenues, which remains a goal. In player transfer transactions, we have already made about 77 million, and if we add the realized variables, this number rises to 85. This summer market is already a good base, and we have the conditions to have a good 2025/26 financial year.”

The liabilities and investment in infrastructure“The total reduction of liabilities is not exactly a goal. We want to have current assets that allow us to meet the responsibilities related to current liabilities, and this has already been done. The total liabilities will depend a lot on the projects we have ahead. Continuing to renovate the Estádio do Dragão and building the High-Performance Center, it is normal for liabilities to increase, and as long as the assets also correspond in the long term, this is not a concerning situation. We do not have a super-focused goal on reducing liabilities; we want to have the accounts up to date and the current liabilities financed by the current assets. And we want to have a long-term asset that can account for this total liability.”

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