HomeSportsFC Porto with a loss of 2.4 million euros

FC Porto with a loss of 2.4 million euros

FC Porto presented a negative net result of 2.4 million euros (ME) in 2022-2023, a “slight decrease” compared to the negative 2.6 million euros in the previous season. According to the report and accounts released today by the club, the Dragons have increased their operating income from 13.6 MU to 15.6 MU, an insufficient amount to cover the increase in costs, from 16.5 MU to 18 .5 ME. Operating results are negative 2.9 ME.

Assets decreased to 68 MU, compared to 71.7 MU on June 30, 2022, just as liabilities went from 36.7 MU to 35.5 MU, without affecting the positive equity, which amounted to 34.9 MU , compared to 32.4 ME from the previous season.

In the usual message published in the document, president Jorge Nuno Pinto da Costa admitted that “the success of the activity as a club is measured in titles”, when he reported on the “great enrichment” of FC Porto with “numerous national and international trophies”.

“We can therefore reach this point with the belief that FC Porto is a bigger club than a year ago. That we can continue on this path of success is what we all hope for,” he said, highlighting a number of points. the performance achieved in 2022-2023.

In football, the team led by Sérgio Conceição failed to reconfirm the title of national champions, finishing second in the I League, with 85 points, only two behind Benfica, but winning the Portuguese Cup for the 19th time, and coming second in a row. the 23rd Cândido de Oliveira Super Cup and an unprecedented League Cup, losing in the eighth finals of the Champions League to the Italians of Inter Milan, the defeated finalists of that edition.

FC Porto also maintained its hegemony in the national handball and women’s volleyball championships – at the time in a now defunct partnership with the José Moreira Academy -, became European roller hockey champion again after 33 years and reconfirmed the scepter that was swept in the European Champions Cup of billiards at three tables.

The club’s accounts will be reviewed, discussed and voted on by SAD shareholders at a General Meeting (AG) at the Estádio do Dragão auditorium in Porto on Thursday at 3 p.m., before being presented to members at an ordinary session on November 29 are passed on. .

The President of the Board of Directors of the General Assembly (MAG), José Lourenço Pinto, published today the call for this great meeting, which starts at 9 p.m., at the Dragão Arena Pavilion, one day after the cancellation of an extraordinary General Assembly Meeting to vote on the legal revision of FC Porto, following the withdrawal of this proposal by the club’s Supreme Council.

Author: DN/Lusa

Source: DN

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