Sporting Portugal Fund

Sporting Portugal Fund is a Portuguese football investment fund dedicated on Sporting CP players. It was managed by "ESAF – Espírito Santo Fundos de Investimento Mobiliário S.A.". At first the fund had 3,000,000 units with €5 each.

FIFA did not allowed third parties to have "significant" influence on players,[1] which in reverse minority interest was not banned. Sporting closed its relation to previous investment fund in 2007, but "Sporting Clube de Portugal – Futebol, SAD", the company that operation football section of the athletic club, had a negative equity of €29.646 million in 2010–11 season.[2] Co-current with issue bonds, re-capitalization, Sporting had to find an alternative way to improve the financial condition. Benfica had set up a successful Benfica Stars Fund which purchased around €40M from the club. The club gave up a portion of future transfer fee received in return. After months of preparation, Sporting announced the fund would start operate in August 2011.[3]

In August 2011, Sporting announced that the fund had a size of €15 million and opened to subscription.[4] On 18 August, Sporting started to sell new signing, current players and youth product to the fund for cash.

Investments

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Date Players Nationality Percentage Sporting Retained Price Departed date Departed team Departed revenue (adj.) Other stakeholder
18 August 2011 André Santos Portugal 50% 25% (2011–12 Q4) €1.75M[5] 2013 25% ?
18 August 2011 Diogo Salomão Portugal 25% ? €1.0M[5]
18 August 2011 Renato Neto Brazil 40% 40% (2011–12 Q3) €0.8M[5] 2013 20% ?
18 August 2011 William Owusu Ghana 40% ? €0.4M[5]
18 August 2011 Wilson Eduardo Portugal 40% ? €0.6M[5]
18 August 2011 André Martins Portugal 40% 35% (2011–12 Q4) €0.8M[5] 25% ?
18 August 2011 Zézinho Guinea-Bissau 10% ? €0.15M[5]
18 August 2011 William Carvalho Portugal 40% ? €0.4M[5]
22 September 2011 Jeffrén Suárez Spain 25% 75% (2011–12 Q2) €1.375M[6] Barcelona (20% added value)
22 September 2011 Diego Capel Spain 20% 75% (2011–12 Q4) €0.95M[6] Sevilla (20% added value)
5% ?
22 September 2011 André Carrillo Peru 20% 30% (2011–12 Q3) €0.6M[6] 50% ?
22 September 2011 Fabián Rinaudo Argentina 15% 35% (2011–12 Q2) €0.525M[6] Quality Sports Investments (50%)
23 January 2012 Emiliano Insúa Argentina 15% 35% (2011–12 Q4) €0.525M[7] 2013 50% ?
23 January 2012 Diego Rubio Chile 15% 25% (2011–12 Q4) €0.45M[7] Quality Sports Investments (40%)
20% ?
23 January 2012 Ricky van Wolfswinkel Netherlands 15% 35% (2011–12 Q3) €0.975M[7] 23 March 2013   Norwich City €1.5M Quality Sports Investments (50%)
29 February 2012 Santiago Arias Colombia 4% 46% (2011–12 Q4) €0.1M[8] 2013 50% ?
29 February 2012 Betinho Portugal 5% ? €0.05M[8]
29 February 2012 Filipe Chaby Portugal 2.5% ? €0.05M[8] Quality Sports Investments (50%)
2013 Cédric Soares Portugal 25% €0.625M
2013 Nuno Reis Portugal 15% €0.225M
2013 João Mário Portugal 15% €0.24M
2013 Zezinho Guinea-Bissau 15% €0.3M
2013 Seejou King 40% €0.8M
Total

See also

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References

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  1. ^ Article 18bis, "Regulations on the Status and Transfer of Players - 2010" (PDF). FIFA. Archived from the original (PDF) on January 25, 2011. Retrieved 8 March 2012. No club shall enter into a contract which enables any other party to that contract or any third party to acquire the ability to influence in employment and transfer-related matters its independence, its policies or the performance of its teams.
  2. ^ "Relatório e Contas do Exercício 2010/2011" (PDF) (in Portuguese). Sporting CP. 9 September 2011. Retrieved 8 March 2012.
  3. ^ "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 8 July 2011. Retrieved 8 March 2012.
  4. ^ "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 10 August 2011. Retrieved 8 March 2012.
  5. ^ a b c d e f g h "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 18 August 2011. Retrieved 8 March 2012.
  6. ^ a b c d "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 22 September 2011. Retrieved 8 March 2012.
  7. ^ a b c "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 23 January 2012. Retrieved 8 March 2012.
  8. ^ a b c "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 23 January 2012. Retrieved 8 March 2012.
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  • Entry at CMVM (in Portuguese)