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Photo by César Santos

“Sporting CP's accounts are well balanced"

By Jornal Sporting
17 Nov, 2016

Vice-president Carlos Vieira speaks with Sporting TV about the Alvalade accounts

Sporting CP vice-president Carlos Vieira sat down with Sporting TV this week, to speak in an extensive about the club's finances.

"Sporting CP's accounts are well balanced. We haven't been left wanting for anything recently, especially in relation to football", opened Carlos Vieira, before reflecting on the financial performance of previous boards of directors: "The problems that accumulated in the past have been identified and with financial restructuring we have managed to address them in the long term. We are now in a position to invest, which is what we have been doing. We are working hard on our sports performance and everything that comes with football. In December we agreed a television rights deal and we are producing players who will bring in profit. We are perfectly comfortable with where we are now and were have been praised by UEFA."

Another issue touched on by the Alvalade vice-president was the transfer of Islam Slimani. "On the 30th of July we had a squad which was valued at 32 million euros and in August we sold a player for 30 million euros. You can see exactly what is wrong there. Slimani was valued at 100 thousand euros and the players we produce are valued at nothing. Sporting CP's squad is valued at 32 million euros, Benfica's at 115 million euros and FC Porto's at 91 million euros, but the actual market value of our squad is nearer to 160 million euros."