Financial administrator of SAD leonina says that “nothing is strictly defined”
At the ceremony to present the results of the subscription of Sporting SAD 2024-2027 bonds, worth 30 million euros, and the exchange offer for the 2021-24 bonds, worth 20 million euros, which took place this Monday at the headquarters of Euronext, in Lisbon, Francisco Salgado Zenha, financial administrator of SAD leonina, spoke about the possibility of the entry of a new shareholder.
«There have been several questions around this and I understand the interest. What I can guarantee is that, at the moment, nothing is strictly defined. What allowed us to do the recent restructuring and repurchase operations of VMOCs was to look at this in another way. What gives us comfort is that today Sporting SAD, and specifically Sporting Clube de Portugal, as the majority and reference shareholder, has more capacity to go to the stock market and make a minority sale than it had before. It is always another tool to sustain this capacity that we may have», highlighted Salgado Zenha.
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