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

Date Players Nationality Percentage Sporting Retained Price Departed date Departed team Departed revenue (adj.) Other stakeholder
18 August 2011André SantosPortugal50%25% (2011–12 Q4)€1.75M[5]201325% ?
18 August 2011Diogo SalomãoPortugal25%?€1.0M[5]
18 August 2011Renato NetoBrazil40%40% (2011–12 Q3)€0.8M[5]201320% ?
18 August 2011William OwusuGhana40%?€0.4M[5]
18 August 2011Wilson EduardoPortugal40%?€0.6M[5]
18 August 2011André MartinsPortugal40%35% (2011–12 Q4)€0.8M[5]25% ?
18 August 2011 ZézinhoGuinea-Bissau10%?€0.15M[5]
18 August 2011William CarvalhoPortugal40%?€0.4M[5]
22 September 2011Jeffrén SuárezSpain25%75% (2011–12 Q2)€1.375M[6]Barcelona (20% added value)
22 September 2011Diego CapelSpain20%75% (2011–12 Q4)€0.95M[6]Sevilla (20% added value)
5% ?
22 September 2011André CarrilloPeru20%30% (2011–12 Q3)€0.6M[6]50% ?
22 September 2011Fabián RinaudoArgentina15%35% (2011–12 Q2)€0.525M[6]Quality Sports Investments (50%)
23 January 2012Emiliano InsúaArgentina15%35% (2011–12 Q4)€0.525M[7]201350% ?
23 January 2012Diego RubioChile15%25% (2011–12 Q4)€0.45M[7]Quality Sports Investments (40%)
20% ?
23 January 2012Ricky van WolfswinkelNetherlands 15% 35% (2011–12 Q3) €0.975M[7]23 March 2013England Norwich City €1.5MQuality Sports Investments (50%)
29 February 2012Santiago AriasColombia4%46% (2011–12 Q4)€0.1M[8]201350% ?
29 February 2012 BetinhoPortugal5%?€0.05M[8]
29 February 2012Filipe ChabyPortugal2.5%?€0.05M[8]Quality Sports Investments (50%)
2013Cédric SoaresPortugal25%€0.625M
2013Nuno ReisPortugal15%€0.225M
2013João MárioPortugal15%€0.24M
2013 ZezinhoGuinea-Bissau15%€0.3M
2013Seejou King40%€0.8M
Total

See also

References

  1. ↑ Article 18bis, "Regulations on the Status and Transfer of Players - 2010" (PDF). FIFA. 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. 1 2 3 4 5 6 7 8 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 18 August 2011. Retrieved 8 March 2012.
  6. 1 2 3 4 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 22 September 2011. Retrieved 8 March 2012.
  7. 1 2 3 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 23 January 2012. Retrieved 8 March 2012.
  8. 1 2 3 "COMUNICADO" [Communication] (PDF). Sporting CP (in Portuguese). CMVM. 23 January 2012. Retrieved 8 March 2012.
  • Entry at CMVM (in Portuguese)
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