FC Porto accounts: the ups and downs from staff costs to ticket sales | OneFootball

Beyond the balance sheet totals, the 2024/25 FC Porto annual report allows us to assess the changes in the main items between 2023/24 and the most recent season. The positive net result of €39.2M is largely due to the balance of the dragons' transfers, which grew by 142% - from €41.6M to €100.4M - but not only that.

Personnel costs were reduced by almost €7.5M, to €81.8M, representing a drop of nearly 8%. On this item, the SAD specifies a reduction of almost €10M in the remunerations awarded to players and technical teams. "Personnel costs reduce, compared to the previous season, by €7.481M (8%), but with the effect of the integration of the company FC Porto - Shared Services, in 2024/25. Considering the effect of this company in the 2023/24 season, of €3.012M, personnel costs reduce €10.493M (12%). This decrease results mainly from the reduction in remunerations awarded to players and technical teams (less €9.965M), as well as the decrease in costs with the social bodies of the Group (less €2.012M). There was also a reduction in personnel costs related to the "Porto Canal", although partially offset by an increase in other sports structures,particularly in football."

Supplies and External Services also decreased, falling 18% from €56.8M to €46.7M. The reduction is attributed to greater efficiency and rationalization of expenses, despite the additional costs associated with participation in the Club World Cup. "Supplies and External Services decreased €10.047M compared to the previous year. The reduction, despite the increase derived from the additional costs related to travel and stays associated with participation in the Club World Cup (in the amount of about €1.300M), was transversal to the various components that make up the item and reflects the effort of the new administration in implementing efficiency measures, containment and rationalization of costs, covering all operational areas of the Group."

As for the involvement of members and fans, merchandising recorded a slight increase of 1%, to €11M, while single ticket sales fell 2%, to €7.1M. On the other hand, the revenues from Annual Places increased 42%, approaching €6.5M.

The negative equity improved significantly, reducing to €10.4M negative compared to the €113.7M negative of the previous year. "Now analysing the equity situation of the Futebol Clube do Porto Group, it shows, as of June 30, 2025, a very significant improvement in equity, of €103.303M compared to June 30, 2024, reducing the negative value to €10.458M, result of two main factors: the incorporation of the robust net result obtained in the 2024/2025 financial year, in the amount of €40.988M; the impact of the partnership established with Ithaka, through which the Group sold 30% of the economic rights of the newly created Porto StadCo company, for 65 million euros,with the potential to reach a total value of 100 million euros, subject to the achievement of certain performance metrics", explains the SAD.

With non-current liabilities (€334.9M) now above current liabilities (€184.2M), in contrast to current assets (€153M) and non-current assets (€355.7M), net financial debt increased by about €10M.

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