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Domingos Soares de Oliveira is the new CEO of Saudi Al Ittihad

The Saudis from Al Ittihad announced this Thursday that Domingos Soares de Oliveira, who recently left Benfica, will become the new CEO of the club coached by the Portuguese Nuno Espirito Santo.

Al-Ittihad, who owns Portuguese club Jota, posted a video on social media of Domingos Soares de Oliveira being welcomed to the club, confirming that he will be the new general director (chief executive) and also posting several photos of the possibility. see how the administrator communicates with the team and the Portuguese coach.

On 29 September, Benfica confirmed the departure of administrator Domingos Soares de Oliveira from the “incarnation” of SAD in a statement sent to the Securities Market Commission (CMVM), with a payment of 1.5 million euros.

“On this day, Domingos Soares de Oliveira tendered his resignation as administrator of Benfica SAD (and other companies integrated into the Benfica group),” said a document published by the Portuguese club at the time.

According to the statement, this resignation followed contacts between Benfica SAD and Soares de Oliveira, which resulted in the signing of a “non-competition pact, which comes into force immediately.”

“It provides for the binding of Domingos Soares de Oliveira, taking into account the functions performed, by a non-competition obligation (with some territorial exceptions) and the payment by Benfica SAD to Domingos Soares de Oliveira of the amount of 1,500,000 euros,” the information note added.

Author: Lusa
Source: CM Jornal

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