Villas-Boas warns Pinto da Costa: “You have eight days to respond to the letter I sent, otherwise I will meet with the shareholders”

“Members are ignoring this conversation. Selling FC Porto is not the way to go. The path is to understand the competitive advantage it has as a membership club. We have values, we have culture, we have history and heritage. The owner of the club does not have this value, this culture. Inter Milan belonged to a Thai, then it went to an American. Example: then it goes to a Russian, to an Arab foundation and in 10 years we can have a club with four different owners. They are here, they want money, they make a profit, and the club goes to others. They don’t care about the sports project. They need the financial aspect. Member clubs, due to lack of management in previous years, are in a limited situation and are all resorting to the support of international banks to restructure the debt and reformat the sports project. This is happening with Real Madrid and Barcelona, ​​which recently raised 1 billion euros for financial restructuring. This is happening with Sporting, despite the forgiveness which helped a lot, it will happen with Benfica and should happen with Porto. Jose Pedro [Pereira da Costa] has extensive experience in the markets. At our meetings with the international commission, Porto has not yet spoken to them. Firstly, either they were not looking for them, or, secondly, international banks were not interested in them because of their management. There are many funds and banks that help clubs in moments like Porto. Nobody wants to help in stock banking when the interests are different and related to commissions. In addition, there is a sports project that calls everything into question, because there is a permanent waste of money. We were well received, we will continue these search contacts, we are sure that it is not so difficult. What seems difficult is to be ethical, transparent, reasonable and not make Porto hostage to other interests,” he concluded.