Sporting achieved a positive result of 25.2 million euros in the 2022-2023 financial year, according to the account that the lions provide to the CMVM in their report and accounts.
It is the second best result of the last ten years for the Alvalade team in two consecutive exercises.
Turnover amounted to 222 million euros, the highest ever. The increase in the result from player transfers by 22.7 million euros contributed to this.
The 2022-2023 financial year also marks the return to the club’s equity, worth 8.9 million euros, which has not happened since 2016-2017, which is also justified by the reduction in debt of 27.4 million euros. The value of equity is the highest since June 2006.
The Lions also increased their stake in SAD, from 63.8% to 83.9%, through the conversion of VMOC into SAD shares, increasing the share capital from EUR 67 million to EUR 150.6 million.
updated
Source: DN
