Shareholders unanimously approve SAD accounts, vote of praise given

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Portal dos Dragões

·28 Oktober 2025

Shareholders unanimously approve SAD accounts, vote of praise given

The financial statements of FC Porto’s SAD for the 2024/25 fiscal year were unanimously approved this Tuesday at the General Shareholders’ Meeting held at Estádio do Dragão.

In the first full year under the leadership of André Villas-Boas, the blue and white company recorded its best ever consolidated net result – 39.2 million euros – reversing the €21.1 million loss recorded in 2023/24.

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At the opening of the meeting, André Villas-Boas stated: “These results are not just numbers. They represent the restoration of confidence, the validation of competence, and proof that FC Porto has regained control over its destiny. This is the first step of a new phase: transparent, sustainable, and victorious. It was a year of consolidation, balance, and sustained rebuilding, which allows us to face future fiscal years with renewed confidence and solid foundations for growth,” as quoted by the blue and white media.

The shareholders present at Estádio do Dragão approved the Integrated Annual Report, the proposal for the allocation of results for 2024/25, the measures provided for in the Commercial Companies Code, a vote of praise for the management and supervisory bodies, the appointment of the Official Auditor, and ratified the remuneration policy presented by the Remuneration Committee.

José Pedro Pereira da Costa, CFO of SAD, expressed “confidence in the future,” ensuring that the positive financial result creates a foundation for the Dragons to invest “significantly.”

Pereira da Costa’s full statements:

Confidence in the future: “It was a very positive General Meeting, in which all the proposals from the Board of Directors and the other Social Bodies were unanimously approved, which reflects the positive assessment that the shareholders made of this last fiscal year, a year in which we fully met our financial objectives, achieved the best net result ever, saw a significant improvement in the company’s equity, and also underwent a financial restructuring that allowed us to keep liabilities much more controlled, with longer-term liabilities and much lower financial costs. All of this allows us to look to the future with confidence.” Compliance with UEFA requirements: “It was these results that allowed us to make a strong investment in the main football team during this last summer transfer window and have also allowed us to fully comply with all of UEFA’s financial sustainability criteria, which are very important, because we depend on participation in UEFA competitions and therefore want to be 100% in line with the rules set by UEFA itself.”

Members’ wishes and objectives: “This combination of positive financial and sporting results is indeed a fact. This last fiscal year was financially very positive; in sporting terms, I would say it was well below our expectations, but this positive financial result gives us the foundation to invest significantly, as we did in this market, and to aim for what is most important to FC Porto’s members, which are sporting victories.”

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