Villas-Boas on Porto’s record profit: New era to bring more success | OneFootball

On Wednesday morning, FC Porto released the accounts for the 2024/25 fiscal year and announced a historic net profit of 39.2 million euros.

In a statement, Porto's president, André Villas-Boas, highlighted the period “experienced under particular circumstances,” marked by the absence from the Champions League, which, nevertheless, did not compromise the goals set by the management: substantial cost reduction, compliance with UEFA's financial sustainability standards, and strengthening the main team squad for 2025/26, which, as Villas-Boas states, “started the season with renewed ambitions.”

“The 2024/2025 fiscal year should be understood as the launch of a new cycle, which aims to be clearly more positive and victorious. It was a year experienced under particular circumstances that, sportingly, fell short of the expectations and standards of FC Porto, even with the conquest of the Cândido de Oliveira Super Cup, but it was also 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 not participating in the Champions League,” he began by stating, adding: “We set and achieved significant cost reduction goals: in human resources, including the costs with the Board of Directors; in supplies and external services, including representation expenses; and in financial costs, following the refinancing of debt under more favorable conditions. This restructuring, combined with 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 fiscal year. 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,” it can be read.

Statement from André Villas-Boas included in the SAD's Report and Accounts:

“This year, FC Porto – Futebol, SAD publishes its first Integrated Annual Report – a milestone in the 132-year journey of its parent house, FC Porto. It is a story made of limitless dedication, achievements, resilience, and vision for the future, which has brought us here with the same desire to continue doing more and better. This document materializes our commitment to transparency, excellence, and sustainability.

We are experiencing a cycle of increasing professionalization of management, greater regulatory demand, digital transformation, and immediate interactions with a myriad of stakeholders. We will not lose proximity 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 the way they have been read and interpreted throughout our journey, allowing us to adapt to new contexts, always remaining united and cohesive.

By adopting better 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. Thus, we express our pioneering spirit – in the national and international context – 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 experienced under particular circumstances that, sportingly, fell short of the expectations and standards of FC Porto, even with the conquest of the Cândido de Oliveira Super Cup. The 2024/2025 fiscal year 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 not participating in the Champions League.

We set and achieved significant cost reduction goals: (i) in human resources – including the costs with the Board of Directors -; (ii) in supplies and external services – including representation expenses -; and (iii) in financial costs, following the refinancing of debt under more favorable conditions. This restructuring, combined with 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 fiscal year. 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 put us to the test – notably Jorge Nuno Pinto da Costa, the President of Presidents, Artur Jorge, the coach who gave us our first Champions Cup, and, after the end of the season, the brothers Diogo Jota and André Silva, two young men who gave us so much and still had so much to give, and Jorge Costa, a Captain who embodied what it is to be a Portista and live the Club's values to the fullest -, losses that inspire and motivate us to continue the changes already initiated and to reinforce the strategic energy that guides us.

The change in governance and management, with new faces, brought greater diversity; we unequivocally invested in women's football; we innovated in organizational models; embraced technological and digital transformation; and deepened the relationship with our fans and communities, in Portugal and beyond.

More than fulfilling regulatory 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 comes the creation of value, which we have the duty to deliver to future Portista generations.

This is the time to take on structural challenges: promote equality and inclusion; invest in the growing 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 affirm, more effectively, the FC Porto brand in an increasingly demanding, fast, and global world. All with objectives, goals, and indicators that allow us to measure, accurately, the progress achieved.

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, combined with a policy of sustained investment, will allow growth in the sporting field and revenues, continuously investing in the improvement of processes and systems, and affirming 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 by honoring FC Porto's values, will allow us to overcome a period below our collective aspiration and fuel, in the 2025/2026 season, the well-founded hope of opening a new cycle that will place us back on the level for which we were shaped – with ambition, discipline, and transparency.

To each Member, Employee, Athlete, Partner, Sponsor, and the entire Portista family, I extend my sincere gratitude. The progress of FC Porto is only possible through the commitment, passion, and resilience of everyone, in true unity.

This Report is our commitment to continue innovating, promoting ethics, sustainability, and rigor, defending the interests of FC Porto, and honoring an uninterrupted history of overcoming. United, we remain strong – and with our eyes on the future,” it can be read.

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