Sporting Portugal Fund

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Sporting Portugal Fund is a Portuguese football investment fund dedicated on Sporting CP players. It was managed by "ESAF – Espírito Santo Fundos de Investimento Mobiliário S.A.". At first the fund had 3,000,000 units with €5 each.

FIFA did not allowed third parties to have "significant" influence on players,[1] which in reverse minority interest was not banned. Sporting closed its relation to previous investment fund in 2007, but "Sporting Clube de Portugal – Futebol, SAD", the company that operation football section of the athletic club, had a negative equity of €29.646 million in 2010–11 season.[2] Co-current with issue bonds, re-capitalization, Sporting had to find an alternative way to improve the financial condition. Benfica had set up a successful Benfica Stars Fund which purchased around €40M from the club. The club gave up a portion of future transfer fee received in return. After months of preparation, Sporting announced the fund would start operate in August 2011.[3]

In August 2011, Sporting announced that the fund had a size of €15 million and opened to subscription.[4] On 18 August, Sporting started to sell new signing, current players and youth product to the fund for cash.

Investments

Date Players Nationality Percentage Sporting Retained Price Departed date Departed team Departed revenue (adj.) Other stakeholder
18 August 2011
André Santos
Portugal 50% 25% (2011–12 Q4) €1.75M[5] 2013 25% ?
18 August 2011 Diogo Salomão Portugal 25% ? €1.0M[5]
18 August 2011 Renato Neto Brazil 40% 40% (2011–12 Q3) €0.8M[5] 2013 20% ?
18 August 2011 William Owusu Ghana 40% ? €0.4M[5]
18 August 2011 Wilson Eduardo Portugal 40% ? €0.6M[5]
18 August 2011 André Martins Portugal 40% 35% (2011–12 Q4) €0.8M[5] 25% ?
18 August 2011
Zézinho
Guinea-Bissau 10% ? €0.15M[5]
18 August 2011 William Carvalho Portugal 40% ? €0.4M[5]
22 September 2011 Jeffrén Suárez Spain 25% 75% (2011–12 Q2) €1.375M[6] Barcelona (20% added value)
22 September 2011 Diego Capel Spain 20% 75% (2011–12 Q4) €0.95M[6] Sevilla (20% added value)
5% ?
22 September 2011 André Carrillo Peru 20% 30% (2011–12 Q3) €0.6M[6] 50% ?
22 September 2011 Fabián Rinaudo Argentina 15% 35% (2011–12 Q2) €0.525M[6] Quality Sports Investments (50%)
23 January 2012 Emiliano Insúa Argentina 15% 35% (2011–12 Q4) €0.525M[7] 2013 50% ?
23 January 2012 Diego Rubio Chile 15% 25% (2011–12 Q4) €0.45M[7] Quality Sports Investments (40%)
20% ?
23 January 2012 Ricky van Wolfswinkel Netherlands 15% 35% (2011–12 Q3) €0.975M[7] 23 March 2013 England Norwich City €1.5M Quality Sports Investments (50%)
29 February 2012 Santiago Arias Colombia 4% 46% (2011–12 Q4) €0.1M[8] 2013 50% ?
29 February 2012
Betinho
Portugal 5% ? €0.05M[8]
29 February 2012 Filipe Chaby Portugal 2.5% ? €0.05M[8] Quality Sports Investments (50%)
2013 Cédric Soares Portugal 25% €0.625M
2013 Nuno Reis Portugal 15% €0.225M
2013 João Mário Portugal 15% €0.24M
2013 Zezinho Guinea-Bissau 15% €0.3M
2013 Seejou King 40% €0.8M
Total

See also

References

  1. ^ Article 18bis, "Regulations on the Status and Transfer of Players - 2010" (PDF). FIFA. Archived from the original (PDF) on January 25, 2011. Retrieved 8 March 2012. No club shall enter into a contract which enables any other party to that contract or any third party to acquire the ability to influence in employment and transfer-related matters its independence, its policies or the performance of its teams.
  2. ^ "Relatório e Contas do Exercício 2010/2011" (PDF) (in Portuguese). Sporting CP. 9 September 2011. Retrieved 8 March 2012.
  3. ^ "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 8 July 2011. Retrieved 8 March 2012.
  4. ^ "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 10 August 2011. Retrieved 8 March 2012.
  5. ^ a b c d e f g h "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 18 August 2011. Retrieved 8 March 2012.
  6. ^ a b c d "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 22 September 2011. Retrieved 8 March 2012.
  7. ^ a b c "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 23 January 2012. Retrieved 8 March 2012.
  8. ^ a b c "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 23 January 2012. Retrieved 8 March 2012.

External links

  • Entry at CMVM (in Portuguese)