Sporting finished the half-year with a record profit of 47.5 million euros.

Sporting SAD ended the first half of this season with a record profit of €47.5m. According to information released tonight by CMVM, this is the best semi-annual result for the company that manages green and white football.

The first half of the fiscal year recorded a second all-time high in terms of turnover, which was the highest ever on an annualized basis, i.e. for the same time period (July 1 to December 31).

The third prominent note in the lions report has to do with capital, which, simply put, translates the difference between everything SAD has and everything it owes. Now, for the first time in 5 years, i.e. since 2016/17, Sporting SAD has a positive equity of 31.2 million euros, the highest value in the history of the company, as can be read in the document. .

This was also supported by a significant reduction in liabilities, which decreased by 24.1 million euros, resuming the path of recovery “interrupted by Covid-19”.

As a reminder, the first half of the financial year 2022/23 was marked by the conversion of VMOCs (mandatory convertible securities) into Sporting SAD shares, resulting in a capital increase of €67m to €150.5m, with the club’s controlling stake.

In the information sent to CMVM, Sporting also highlights an operating result excluding player transactions of €9.4 million, “the second best result ever in terms of homology, surpassed only by the previous 2021/2022 season”.

Player pass revenue was €73.9m, with transfers of Matheus Nunez and Paligna the largest share (Porro will only be released in the second half of the season as the deal was only finalized in January).

Leonine SAD estimates the value of the men’s team at 92.8 million euros, marking “one of the biggest investments in history as a result of purchases made at the end of the 2021/2022 season and in the 2022/2023 transfer market”.

Note also the merchandising, which recorded “a turnover of 5.3 million euros, the same as in previous years”.