SAD do Benfica report €19.1m profit for second year as liabilities rise | OneFootball

SAD do Benfica posted a net profit of €19.1 million for 2025/26, the second consecutive year in the black, though below the €34.4 million recorded a year earlier.

According to Glorioso 1904, the report cites growth in recurring revenue lines, tighter control of operating costs, and a favourable outcome from player rights. Equity strengthened to €135.5 million.

The operating result, including player rights, was €32.4 million. Excluding that component, operating income reached €214.4 million, a 7% decline, largely due to the absence of the one-off income linked to Club World Cup participation.

Matchday revenue rose 8.5% to €45.2 million and broadcasting income increased 6% to €55.7 million. Operating costs, excluding player rights, edged up 1.2% to €229.4 million. The SAD pointed to higher impairments, offset by lower staff costs.

Liabilities climbed to €513.9 million, up 8.2%, reflecting higher commitments to suppliers and other creditors. They now amount to 79.1% of total assets, which reached €649.4 million, a 10% rise. The increase in assets was mainly driven by a higher squad valuation and outstanding receivables.

Source: Glorioso 1904

“Artificial intelligence was used to assist in creating this article based on reporting from the original source quoted.”