José Pereira da Costa is the call of André Villas-Boas’ escolade for the monetary responsibility of FC Porto.
During his last presentation, on the night of the fifth feira, at the headquarters of the candidate’s campaign, in the Boavista neighborhood, in Porto, Villas-Boas referred to the one who was financial director of the telecommunications company NOS until last December as “but ‘qualified CFO’ who will be able to bring out purposes in Portuguese football.
“The obvious club is a quintal with an egg cake of our time, which serves at this time in which its long term is to date the maximum mortgaged,” Villas-Boas said in his speech, in which he criticized a “worn-out and old management” and “grabbed communication. ” Once they pass, they expand with guerrilla wars that limit their growth. “
Villas-Boas points out that 85% of the affiliates in our districts of Porto, Braga and Aveiro and that those days have positioned themselves “in divisions, processes and expenses at zero”, promising monetary viability with “a more rigorous style of control and in accordance with professionals”.
“The scenario lately is to make 60 million more/year in player transfers”
Pereira da Costa, a member of FC Porto since 1971 and monetary administrator with more than two decades of experience, described himself as “very concerned” about the current state of the Port’s finances.
At the time, DCS had negative operational management. Therefore, this represents €20 million in monetary investments for a financial division of €310 million, as well as an annual depreciation of €30 million to €40 million for player transfers, backing up, detailing:
“This scenario implies that we want to earn $50 million to $60 million more in player passes to balance the results. This means selling between 70 and 90 million each year, which has a negative effect on the management of the game and the plant. “.
“We have accumulated negative 250 million euros in 10 years, we have a liability of 530 million and a percentage of 310 million,” he said, specifying: “Therefore, FC Porto has sold 430 million in recent years. “30 milhões? Or 7% after the elimination of related customers, depreciation, and unpaid invoices. One of our rivals sold sales during an era of €570 million, with a result of €200 million: 35%; The other achieved sales of €400 million, with a result of €170 million: 40%. “
Pereira da Costa points out that in the last monetary year 2022/23 the annual sales of premises (excluding corporate, commercial and cabins) amounted to €10. 8 million, compared to €19. 8 million and €13. 6 million, “sent by the latter [According to Sporting], media attendance in La Liga is 30% lower than that of FC Porto”. The candidate learned that FC Porto has earned sales revenue of between €8 million and €9 million per year, but around €2 million from the consumers of these merchants, and that despite the representation, they amount to €1. 4 million per year – €5. 4 million in our last four years – while our value has risen for a year to €500 million. But: the candidate for the position of CFO CFO has already wasted €3 million under the heading “External materials and services not discriminated against or explained”.
Objetivo: diversificar financiamento e renegociar dívidas
Feito, the diagnostician, promised the candidate “a more rigorous and superior monetary and operational discipline, with the rationalization of clients and the approval of all opportunities for negotiation and distribution of contracts. “
For Pereira da Costa, a strategy was followed to generate profits and expand the FC Porto brand. “It is conceivable to do more in sport, without merchandising, without sponsors, or in the profitability of the stadium. This will increase the price of assets, as it relates to education and strengthening exploration, and reduce the responsibility of players’ transactions, whether for purchase or sale.
As for the distribution, the André Villas-Boas monetary center states that in order to “restore the credibility of the club it deserves” it will be necessary to “diversify the financing resources” to “renegotiate the longest practices”. to nourish the stock of the short Prazo tesourariat. “
Precisely with “a lighter administration in custody” than at the moment, which is working until the end to obtain 3. 6 million euros between constant remuneration and bonuses.
Pereira da Costa has presented in his work or general commission a representation that has assisted him in the matter, among others, of the life of José Maria Pedroto, the lawyer António Lobo Xavier, member of the Council of State, former leader of the CDS and former member of the SAD of FC Porto (created in 2002), and the economist Luís Menezes, former PSD deputy, who recently joined the administration of Unilabs.