“The Board of Directors of the Securities Market Commission (SCMC) determined on 04/02/2024 at 09:25 (UTC) in accordance with Article 214 and paragraph b) of paragraph 2 of Article 213 of the Securities Code to suspend trading in shares of Futebol Clube do Porto – Futebol, SAD until the relevant information is disclosed to the market,” the statement said.
On March 28, the last day of trading, Porto SAD shares closed steady at €1.15, with 20 shares changing hands.
Pinto da Costa, who included the Quadrantis coach in his re-candidacy for the national football team runner-up, said in an interview with SIC television on Monday that the Porto club will not be hostage to investment funds.
“Of course not. This is absurd. A man lends money to FC Porto, FC Porto needs a loan and benefits greatly from the interest payments he is already paying, and now I am going to not trust the one who helps me? There is no shortage of people that this fund wants to borrow much larger amounts of money,” he explained.
Nominated by the Pinto da Costa list as a candidate for the post of vice-president of the club for finance if the leader is re-elected on April 27, businessman João Rafael Koehler is the founder and administrator of the venture capital management company Quadrantis.
This company includes Connect Capital, which in April 2023 signed a loan of 14.5 million euros (ME) for FC Porto SAD, which will mature before January 2029, as stated in the latest half-year report and financial statements. from “dragons”.
The Connect Capital loan and possible additional income forecasting operations, which could be analogous to funds owned by Quadrantis, were mentioned by Andre Villas-Boas, former coach and electoral opponent of Pinto da Costa, in a letter sent on March 14 to the administration of FC Porto. . SAD, which Lusa had access to on Monday.
Pinto da Costa, who is in his 15th consecutive term and is the coach with the most titles and longestevity in world football, will run for the presidency of FC Porto along with Andre Villas-Boas, the former coach of the football team, and businessman Nuno Lobo. defeated the 2020 candidate in the governing body elections on 27 April at the Dragao Stadium in Porto.
Author: morning Post This Lusa
Source: CM Jornal
I’m Dave Martin, and I’m an experienced journalist working in the news industry. As a part of my work, I write for 24 News Reporters, covering mostly sports-related topics. With more than 5 years of experience as a journalist, I have written numerous articles on various topics to provide accurate information to readers.