André Villas-Boas said this Wednesday that he will approve the accounts of FC Porto if the executive directors of SAD return the bonuses contained in the report and accounts for the 2022/2023 year.
In a speech given at the club’s General Assembly, the football coach asked board members if they could mortgage the future of their families “with the same speed and speed with which they are able to mortgage the future of FC Porto.”
“We are deeply mired in debt. The financial debt is 311 million euros, and the total amount of liabilities is 499 million. The capital allocated to partners is negative and amounts to 199 million,” said the former coach of the blue and white.
“Dragons” recorded defeat last season amounted to 47.6 million euros.
“Since 2011, the administration has received more than 27 million in fixed and variable remuneration, not taking into account the always controversial bonuses. Liabilities have more than doubled,” continued Andre Villas-Boas.
At the same time, the Porto player conditioned the approval of the club’s accounts on “the return of the variable remuneration recently allocated by the current administration.” At the end of the football coach’s speech, there was applause.
In October, Fernando Gomes, Porto’s SAD administrator, justified last season’s losses by postponing the sale of Brazilian midfielder Otavio to the Saudis from Al Nasr. In the same time,In their statement, the Blaugrana recalled “three cumulative conditions”, the verification of which is necessary to award prizes to administrators: to be a champion, to qualify for the Champions League and to finish the year with a profit.