SAD of Benfica, FC Porto and Sporting increasingly depend on debt – Football

They exchanged banks for the bond market, but experts warn that this model to cover expenses may no longer be sufficient

The sports corporations (SAD) of the country’s three biggest football clubs – Sporting, FC Porto and Benfica – are at a difficult crossroads in terms of financing. After the banks’ doors are closed, the debt market appears to be the only way to borrow money, but even this model is beginning to be exhausted, according to the experts interviewed by the Business.

“The banking sector’s inhibition of the football industry and the successive annual bond loans to repay previous ones and cover new treasury needs are signs of exhaustion of the current SAD financing model”, warns Maxyield – Clube dos Pequenos Acionistas, in an analysis of that Negócios had access to. read HERE the news in full.

By Business