According to the report and accounts submitted on Tuesday to the Securities Market Commission (CMVM), FC Porto’s SAD showed a negative result of about 9.891 million euros in the first half of the year.
In the paper, dragons reported a negative consolidated net result of €9.891 million in the first half of 2022/23, slightly better than the value they got for the same period in 2021/22, which stood at €10.329 million at the time. . .
FC Porto also reported that “operating income excluding passes increased by €12m, mainly due to UEFA competitions, even excluding the Champions League round of 16 trophy” and “operating expenses excluding increased by €17.4m, including prizes for accessing the 2022/23 champions as national champions, among other sporting goals.”
In addition, there was also a €48.7 million reduction in liabilities, “mainly due to a decrease in the overall cost of bank loans”.
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Source: CM Jornal
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