SL Benfica
Rui Costa, president of SL Benfica.
Alleged losses of 80 million euros, SAD’s capital goes to half – but the club asks who ordered this analysis.
This Saturday is a complicated game day for the Benfica, that will play in the Azores against the dangerous Santa Clara, which is in 5th place.
However, the subject in recent hours in Luz is a study which warns that if the financial management does not change (sports success does not arrive), soon the Benfica will be in danger of not meeting UEFA’s aggregate football performance rule – The old “financial fair play”.
The base scenario of the study, and in a hypothesis that Benfica does not find out for the next edition of the Champions League, the non -compliance will appear at the end of next time. In a more optimistic scenario, non -compliance would be at the end of the following season in 2027.
This is because, continues the study cited in, Benfica Sad accumulated losses of 80 million euros and doubled the net debt.
O passive It grew 157 million euros (48%) and net debt increased by about 100 million euros.
O capital SAD’s own has fallen to half in the last four years, lowering 80 million euros.
The analysis also indicates that in the last three years, for each euro gain between purchases and sales, only 15 cents have entered the accounts of light.
Doubts
Benfica has reacted and ensures that the study should be ignored: “It is totally false that Benfica is at any risk of being sanctioned in the field of Financial Sustainability. Benfica has never received any UEFA alert or fine on this topic. ”
Early on, Clube Lisboeta writes that this study is “Irresponsible, superficial and confuses basic concepts of sports and economic management. ”
Benfica claims that official UEFA reports not even consulted For this analysis.
Then the doubts: “It is of particular relevance that a study announced as a university has been presented not at university, but in a small room of a hotel unit of luxury.”
“It is also important to clarify which benfiquists ordered This study and who will have it financed ”.
The study was actually requested by several partners Benfica and the main promoter was Marco Chicken, known businessman, director of the Bel Group and shareholder of Global Media.
The analysis was made and presented by João Duarte, Associate Professor at Nova SBE, and Adrian da Hora FilhoSpecialist in Finance. The authors revealed that they were based on public data between 2010 and 2024.
