Club Statement
- Thread starter Villan57
- Start date
Lord Ron Saunders
Vital 1st Team Regular
Better keep a few quid for the summer transfer window
Silhillvilla
Vital Football Legend
£45m sounds about right
Or swaps lol.
AstonBurrito
Vital Champions League
But but our owners are skint and we don't have money for transfers.
JuanPabloAngel
Alert Team
Me too! Saw the notification and thought either he'd resigned or been sacked
Thomas Holte
Vital Football Legend
In English,
https://vitoriasc.pt/en/2023/02/14/parceria-da-v-sports-com-o-vitoria-sport-clube/
The deal will yield an immediate cash inflow of 5.5 million euros.The club will remain the majority shareholder of the sports company
Vitória Sport Clube has the possibility of securing an economic partner of enormous importance.This is the V Sports fund, led by Nassef Sawiris and owner of Aston Villa FC, which has already reached an agreement with António Miguel Cardoso for the purchase of 46% of SAD shares for 5.5 million euros .
This operation is pending the approval of the members in the General Assembly (to be scheduled soon), in accordance with the electoral commitment assumed by the President of the Club, without prejudice to the fact that, until the date of the Magna Meeting, clarification sessions will be held on the subject.
The associative validation of this operation maintains Vitória SC as the majority shareholder of the sports company (only 3.16% of the share capital is dispersed among small shareholders), and the Board of Directors will now be composed of three administrators from Vitória Sport Clube, Futebol SAD and two affections in the background V Sports SCS
As a result of the established pre-agreement, the future partner of SAD will support the investment of two million euros in infrastructure, to be applied in two years, also making possible a credit line of up to 20 million euros, with interest rate under preferential conditions .
The Board,
Vitória Sport Clube
https://vitoriasc.pt/en/2023/02/14/parceria-da-v-sports-com-o-vitoria-sport-clube/
The deal will yield an immediate cash inflow of 5.5 million euros.The club will remain the majority shareholder of the sports company
Vitória Sport Clube has the possibility of securing an economic partner of enormous importance.This is the V Sports fund, led by Nassef Sawiris and owner of Aston Villa FC, which has already reached an agreement with António Miguel Cardoso for the purchase of 46% of SAD shares for 5.5 million euros .
This operation is pending the approval of the members in the General Assembly (to be scheduled soon), in accordance with the electoral commitment assumed by the President of the Club, without prejudice to the fact that, until the date of the Magna Meeting, clarification sessions will be held on the subject.
The associative validation of this operation maintains Vitória SC as the majority shareholder of the sports company (only 3.16% of the share capital is dispersed among small shareholders), and the Board of Directors will now be composed of three administrators from Vitória Sport Clube, Futebol SAD and two affections in the background V Sports SCS
As a result of the established pre-agreement, the future partner of SAD will support the investment of two million euros in infrastructure, to be applied in two years, also making possible a credit line of up to 20 million euros, with interest rate under preferential conditions .
The Board,
Vitória Sport Clube
AstonBurrito
Vital Champions League
They've even got a bigger stadium than the Blues.
david-avfc
Vital Football Hero
It seems mental to me that 46% of an entire football club costs just €5.5m
Stephen Jay Hawkings
Vital Football Legend
Me too! Saw the notification and thought either he'd resigned or been sacked
Me three. My poor heart.
Old Trinity Villan
Vital 1st Team Regular
Looks like 5.5m Euro,s for a fair bit of influence over there. Considering thats about the price of Baileys right leg ( the one he does not use ) its a decent sounding deal. Part of the NSWE master plan.
I expect more V Sports developments in time.
I expect more V Sports developments in time.
JW1985
Vital Champions League
This has been talked of for a while. Good move that hasn't cost us much. Our youngsters can go there on loan and as has been said it might be a good stepping stone for South American youngsters we want. Have these sign them then test themselves for a year or 2 in Portugal.
Old Trinity Villan
Vital 1st Team Regular
The old one or the current half habitable one?
