Accra, Ghana - FC Porto's financial situation has dramatically improved, according to reports emerging from the club's General Assembly. The meeting, held at the Estádio do Dragão, saw the approval of the club's accounts for the 2024/25 season, marking a significant turnaround under the new management structure led by André Villas-Boas.
Record Profits and Financial Recovery
The club announced a consolidated net profit of €39.2 million, a record figure that reverses the €21.1 million loss reported in the previous year (2023/24). This positive result has been attributed to a comprehensive restructuring plan focusing on consolidating accounts and boosting revenue streams.
António Tavares, President of the General Assembly, highlighted the unanimous approval of the financial results, stating that it reflects a strong alignment with the club's strategic objectives for the current term. He emphasized the importance of the financial recovery, which allows FC Porto to operate with greater stability and focus on its sporting performance.
Shareholder Approval and Future Outlook
The General Assembly also included the approval of the annual integrated report, the allocation of results for 2024/2025, and measures related to commercial company regulations. Furthermore, the management and supervisory bodies of the SAD received a vote of praise from shareholders, acknowledging their contribution to the club's financial turnaround.
- Record net profit of €39.2 million.
- Reversal of previous year's loss.
- Unanimous shareholder approval.
- Praise for management and supervisory bodies.
The club is now looking forward to a period of stability and growth, aiming to build on its improved financial foundation to achieve success on the field. The focus remains on strengthening the team and competing at the highest level, both domestically and in European competitions.