FC Porto accounts: André Villas-Boas stresses “commitment to transparency” | OneFootball

André Villas-Boas highlights the efforts of the SAD in stabilizing the finances of FC Porto. In the 2024/25 report, the accounts show positive results, with over 170 million euros in sales.

"This year, FC Porto - Futebol, SAD publishes its first Integrated Annual Report - a milestone in the 132-year journey of its parent company, FC Porto. It's a story of limitless dedication, achievements, resilience, and future vision that has brought us here with the same desire to continue to do more and better. This document embodies our commitment to transparency, excellence, and sustainability.

We are living a cycle of increasing professionalization of management, greater regulatory demands, digital transformation, and immediate interactions with a myriad of stakeholders. We will not lose our closeness to our Members and supporters. The uniqueness that characterizes us - and is recognized by all - lies in the strength of the collective experience of the Club's immutable values and how they have been read and interpreted throughout our journey, allowing us to adapt to new contexts, always united and cohesive. By adopting best reporting practices, we reinforce this way of being, aligning ourselves with international standards and the main benchmarks of global companies and organizations and the largest sports clubs. We thus express our pioneering spirit - nationally and internationally - in the way we organize and communicate who we are and what we do. FC Porto is, unequivocally, a global club, capable of dialoguing, competing, and inspiring on any stage.

It is worth remembering that this investment in reporting follows a year lived under particular circumstances that, sportingly, fell short of expectations and the credentials of FC Porto, albeit with the conquest of the Supertaça Cândido de Oliveira.

The 2024/2025 exercise should be understood as the launch of a new cycle, which aims to be clearly more positive and victorious. It was a period of intense operational and financial restructuring, which resulted in the growth of commercial revenues - through the increase in the number of Members, the sale of annual seats, and ticketing -, factors that helped mitigate the impact of non-participation in the Champions League.

We set and met goals for significant cost reduction: (i) in human resources - including costs with the Board of Directors -; (ii) in supplies and external services - including representation expenses -; and (iii) in financial costs, following the refinancing of the debt under more favorable conditions. This restructuring, coupled with the very significant results from player transactions, allowed FC Porto - Futebol, SAD to present the highest net result in its history and fully comply with UEFA's financial sustainability rules in the 2024/2025 exercise. We significantly reduced the impact of the non-compliance identified in the previous year and created conditions for sustainable investment in the main football team, which started the 2025/2026 season with renewed ambitions.

The 2024/2025 season will also be deeply marked in our collective memory by losses that tested us - with particular emphasis on Jorge Nuno Pinto da Costa, the President of Presidents, for Artur Jorge, the coach who gave us the first Champions Cup, and, after the end of the season, for the brothers Diogo Jota and André Silva, two young men who gave us so much and still had so much to give, and for Jorge Costa, a Captain who embodied what it is to be a Portista and to live the Club's values in full -, losses that inspire and motivate us to continue the changes already started and to reinforce the strategic energy that guides us.

The change in governance and management, with new faces, brought greater diversity; we unequivocally bet on women's football; we innovated in organizational models; we embraced technological and digital transformation; and we deepened our relationship with our fans and communities, in Portugal and beyond. More than fulfilling normative obligations, the publication of this Report results from a clear choice: we want to lead by example, providing integrated accounts of our governance and management, and our sporting, financial, social, environmental, and cultural performance. The solidity and prestige of an organization like ours - holder of a globally recognized brand - depend on the ability to align strategy, ethics, innovation, social responsibility, and sustainability.

From this balance results the creation of value, which we have a duty to deliver to future generations of Portistas. This is the time to take on structural challenges: promote equality and inclusion; bet on the increasing well-being of our Employees; reinforce responsible environmental practices, advancing in energy efficiency and reducing the ecological footprint; cultivate formative and sporting excellence more proactively; value heritage; and assert, more effectively, the FC Porto brand in an increasingly demanding, fast, and global world. All with objectives, targets, and indicators that allow us to measure, with rigor, the progress made. Our goal is to consolidate our position in national and European football and resume regular participation in the Champions League, an essential condition to ensure the Club's sustainability.

Rigorous management, coupled with a policy of sustained investment, will allow growth in the sporting plan and in revenues, investing continuously in the improvement of processes and systems, and asserting FC Porto as a Winning Club and an efficient and leading organization. The active and resilient involvement of Members, Employees, and Partners, who have always responded honoring the values of FC Porto, will allow us to overcome a period below our collective aspiration and fuel, in the 2025/2026 season, the founded hope of opening a new cycle that will put us back on the level for which we were cut out - with ambition, discipline, and transparency. To each Associate, Employee, Athlete, Partner, Sponsor, and the entire Portista family, I extend my sincere thanks. The progress of FC Porto is only possible through the commitment, passion, and resilience of all, in true unity. This Report is our commitment to continue to innovate, promote ethics, sustainability, and rigor, defend the interests of FC Porto, and honor an uninterrupted history of overcoming. United, we remain strong - and with our eyes set on the future."

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