Porto council grants land for new FC Porto arena, €525,000 fee | OneFootball

The Porto City Council and FC Porto signed a protocol this Friday granting the club the municipal land of the former Ramalho Ortigão School, for the construction of a multi-sports pavilion dedicated to youth training and adapted sports.

Rui Moreira, president of the Porto City Council, explained the agreement during the signing of the protocol at the Town Hall.

“I consider this act to also be an act of justice towards FC Porto, because for years, unlike other cities that recognized their main club as an asset, for some years the city of Porto turned its back on FC Porto and we did not want it to be that way,” he began by saying.

“I also want to make it clear that this is a good deal for the city. If it weren’t for FC Porto, we would have to make this investment ourselves. I am very pleased that the club is willing to do it. This was not a decision of the mayor alone, but of the executive and the municipal assembly. Over these years, we have managed to bring the political forces together in sports,” said the mayor, quoted by Lusa, on his last day as president of the Porto municipality.

The facility will be intended for the youth teams of FC Porto’s various sports, with special attention to women’s and adapted sports.

The land is located in the eastern part of the city, next to the Campanhã swimming pools—which FC Porto has used since 2015—and near the future Campanhã Municipal Field.

Under the agreement, the City Council grants the land to the club for 70 years and signs a Sports Development Program Contract that includes a contribution of 525,000 euros. In the first four years, FC Porto will pay a symbolic rent of 50 euros per month, which will then increase to almost 11,000 euros per year.

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