Sporting Portugal Fund

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 Santos, AndréAndré Santos Portugal 50% 25% (2011–12 Q4) €1.75M[5] 2013 25% ?
18 August 2011 Salomão, DiogoDiogo Salomão Portugal 25% ? €1.0M[5]
18 August 2011 Neto, RenatoRenato Neto Brazil 40% 40% (2011–12 Q3) €0.8M[5] 2013 20% ?
18 August 2011 Owusu, WilliamWilliam Owusu Ghana 40% ? €0.4M[5]
18 August 2011 Eduardo, WilsonWilson Eduardo Portugal 40% ? €0.6M[5]
18 August 2011 Martins, AndréAndré Martins Portugal 40% 35% (2011–12 Q4) €0.8M[5] 25% ?
18 August 2011 Zézinho, Zézinho Guinea-Bissau 10% ? €0.15M[5]
18 August 2011 Carvalho, WilliamWilliam Carvalho Portugal 40% ? €0.4M[5]
22 September 2011 Suárez, JeffrénJeffrén Suárez Spain 25% 75% (2011–12 Q2) €1.375M[6] Barcelona (20% added value)
22 September 2011 Capel, DiegoDiego Capel Spain 20% 75% (2011–12 Q4) €0.95M[6] Sevilla (20% added value)
5% ?
22 September 2011 Carrillo, AndréAndré Carrillo Peru 20% 30% (2011–12 Q3) €0.6M[6] 50% ?
22 September 2011 Rinaudo, FabiánFabián Rinaudo Argentina 15% 35% (2011–12 Q2) €0.525M[6] Quality Sports Investments (50%)
23 January 2012 Insúa, EmilianoEmiliano Insúa Argentina 15% 35% (2011–12 Q4) €0.525M[7] 2013 50% ?
23 January 2012 Rubio, DiegoDiego Rubio Chile 15% 25% (2011–12 Q4) €0.45M[7] Quality Sports Investments (40%)
20% ?
23 January 2012 Wolfswinkel, Ricky vanRicky 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 Arias, SantiagoSantiago Arias Colombia 4% 46% (2011–12 Q4) €0.1M[8] 2013 50% ?
29 February 2012 Betinho, Betinho Portugal 5% ? €0.05M[8]
29 February 2012 Chaby, FilipeFilipe Chaby Portugal 2.5% ? €0.05M[8] Quality Sports Investments (50%)
2013 Soares, CédricCédric Soares Portugal 25% €0.625M
2013 Reis, NunoNuno Reis Portugal 15% €0.225M
2013 Mário, JoãoJoão Mário Portugal 15% €0.24M
2013 Zezinho, Zezinho Guinea-Bissau 15% €0.3M
2013 King, SeejouSeejou King 40% €0.8M
Total

See also

References

  1. ↑ Article 18bis, "Regulations on the Status and Transfer of Players - 2010" (PDF). FIFA. 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. 1 2 3 4 5 6 7 8 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese) (CMVM). 18 August 2011. Retrieved 8 March 2012.
  6. 1 2 3 4 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese) (CMVM). 22 September 2011. Retrieved 8 March 2012.
  7. 1 2 3 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese) (CMVM). 23 January 2012. Retrieved 8 March 2012.
  8. 1 2 3 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese) (CMVM). 23 January 2012. Retrieved 8 March 2012.

External links

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