With an election looming, FC Porto’s fate hangs in the balance
IMAGO | Jorge Nuno Pinto da Costa, the president of club FC Porto since 1982.
Incumbent president of 42 years faces off against former manager Andre Villas-Boas this weekend, a vote which will have huge consequences for the club’s future.
Porto has racked up over €200 million losses in the last decade and even more in debt, and club turnover is highly reliant on competing in Europe.
Why it matters: With club set to miss out on Champions League next season, whomever wins this Saturday’s contest will be tasked with a financial challenge, and the club has already started selling off long-term revenue streams to meet short-term needs.
The perspective: The results of this weekend’s presidential poll will have a significant impact on the course the club takes next – with some fearing only a Villas-Boas win will ensure Porto’s long-term survival.
25 April 2024 - 3:00 PM
This coming Saturday 27 April, the socios of FC Porto will attend the presidential ballot box for the sixteenth time in the last 42 years. And, for the sixteenth time in the last 42 years, they’ll find the name of the club’s current president, Jorge Nuno Pinto da Costa, on their voting slip.
Since his election to the post in 1982, Pinto da Costa has
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