Categories: Economy

FC Porto justifies the awards of the SAD administrators with sporting merits

This Saturday, FC Porto clarified the information on the bonuses paid to the executive directors of SAD, which appear in the report and accounts for the year 2022/2023, presented this Friday.

In a note published on the club’s official website, the dragons report that the meaning of ““We are talking about the results of the 2021/22 season, in which Porto won the national football title and the society showed clearly positive results.”

Blue and white remind us of the “three cumulative conditions” that must be met to award prizes to administrators: being a champion, qualifying for the Champions League and ending the year with a profit.

“These three conditions have been met, and the reason for the inclusion of the variable remuneration value in the report yesterday [sexta-feira] What has been made public is the simple fact that these amounts were paid during the financial year from 1 July 2022 to 30 June 2023,” explains FC Porto.

Dragons recorded a loss last season amounted to 47.6 million euros. This Friday, Fernando Gomes, administrator of SAD Porto, justified this result by postponing the sale of Otavio.

Author: morning Post
Source: CM Jornal

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