SL Benfica
Tier 1Primeira LigaLisboa, PortugalOn the globe
- Founded
- 28 February 1904
- Ground
- Estádio da Luz68,100 seats · opened 2003
- Full name
- Sport Lisboa e Benfica
- Website
- slbenfica.pt
- Reserve side
- SL Benfica B
Who owns SL Benfica
SL Benfica's football company is controlled by the club's members' association, Sport Lisboa e Benfica (40%).
Members in control, investors hold a stake
From the pitch to the top
The company that fields the team, then each holder above it.
- 40%controlsSport Lisboa e BenficaFigure as of 16 October 2025With Sport Lisboa e Benfica, SGPS, SA (wholly owned by the club, 23.65%) the club holds 63.65%.High confidenceSource: Liga Portugal
- 23.6%significantSport Lisboa e Benfica, SGPS, SAFigure as of 16 October 2025Chain as disclosed: 100% detida pelo clube fundador.High confidenceSource: Liga Portugal
- 100%controls
- Stake not knownminorityJosé António dos SantosFigure as of 28 March 2025Maisfutebol (Mar 2025) gave 16.38% with Grupo Valouro; Liga Portugal's 16 Oct 2025 disclosure shows the largest individual holder at 13.67%, unnamed. Settle from Benfica SAD's CMVM qualifying-holding notices.Low confidenceSource: Maisfutebol
The club’s members’ association is Sport Lisboa e Benfica (NIPC 500276722).
Benfica’s finances
From its published accounts and league records. Figures compare only with clubs at the tier it played that season.
Against its tier
Benfica's revenue of €230.6m is the highest of the 17 Primeira Liga clubs with published accounts
In 2024-25 it spent €0.55 on staff for every €1 of revenue; the typical Primeira Liga club spent €0.94.
- Benfica
- Other Primeira Liga clubs
- Equity
- €116.3m
- accounts, 2024-25
The accounts
Sport Lisboa e Benfica - Futebol, SAD, the entity that fields the team · 2020-21 to 2024-25
| Line | 2024-25Tier 1 · audited | 2023-24Tier 1 · audited | 2022-23Tier 1 · audited | 2021-22Tier 1 · audited | 2020-21Tier 1 · audited |
|---|---|---|---|---|---|
| Profit and loss | |||||
| Revenue | €230.6m1 | €179.0m1 | €195.8m1 | €169.3m1 | €94.0m1 |
| TV money | €52.7m2 | €50.5m3 | €48.8m3 | €47.3m4 | €55.0m4 |
| UEFA money | €72.8m5 | €49.0m6 | €74.3m6 | €65.4m7 | €10.2m7 |
| Matchday | €41.7m8 | €35.5m9 | €33.9m9 | €25.3m10 | €459k11 |
| Sponsorship | €24.5m12 | €22.5m12 | €23.9m12 | €20.2m13 | €18.9m13 |
| Player sales | €117.3m14 | €77.3m15 | €88.9m16 | €64.2m17 | €100.0m18 |
| Staff costs | €127.7m | €110.5m | €114.7m | €112.6m | €97.1m |
| Other operating costs | €77.9m19 | €86.5m | €82.1m | €67.7m | €46.2m |
| Player amortisation | €42.2m20 | €44.9m | €39.4m | €50.1m | €52.2m |
| Other depreciation | €9.18m21 | €8.49m | €8.16m | €8.28m | €8.27m |
| Operating result | €50.6m | −€14.8m | €13.7m | −€31.6m | −€25.1m |
| Financial result | −€13.4m | −€16.0m | −€11.9m | −€9.95m22 | −€8.90m23 |
| Result before tax | €37.2m | −€30.8m | €1.80m | −€41.5m | −€34.0m |
| Income tax | €2.73m | €570k | −€2.41m24 | −€6.52m24 | −€16.6m24 |
| Net result | €34.4m | −€31.4m | €4.21m | −€35.0m | −€17.4m |
| Balance sheet | |||||
| Total assets | €591.2m | €565.2m | €557.8m | €533.7m | €523.3m |
| Non-current assets | €470.3m | €464.7m | €420.5m | €415.1m | €420.9m |
| Player registrations (book value) | €131.2m25 | €149.1m | €126.5m | €111.9m | €146.2m |
| Property and equipment | €89.1m26 | €93.7m | €98.4m | €103.5m | €108.1m |
| Current assets | €120.9m | €100.6m | €137.3m | €118.7m | €102.3m |
| Cash | €6.38m | €20.4m | €28.6m | €24.1m | €44.1m |
| Equity | €116.3m | €81.9m | €113.2m | €109.0m | €143.7m |
| Share capital | €115.0m | €115.0m | €115.0m | €115.0m | €115.0m |
| Liabilities | €474.9m | €483.4m | €444.6m | €424.7m | €379.6m |
| Non-current liabilities | €225.4m | €273.8m | €259.5m | €253.7m | €182.6m |
| Current liabilities | €249.4m | €209.6m | €185.1m | €171.0m | €197.0m |
| Provisions | — | — | €25k27 | €1.02m27 | €1.48m27 |
| Financial debt | €203.3m28 | €222.2m29 | €169.4m30 | €171.2m31 | €145.0m32 |
| Cash flow | |||||
| Cash from operations | −€20.2m | −€74.3m | −€45.5m | −€33.1m | −€82.9m |
| Cash from investing | €35.2m | €22.7m | €59.7m | −€6.94m | €80.2m |
| Cash from financing | −€29.0m | €43.4m | −€9.69m | €20.0m | €41.5m |
| Net change in cash | −€14.0m | −€8.21m | €4.55m | −€20.0m | €38.7m |
Notes on 32 figures, in the accounts’ own words
- Revenue: Rendimentos e ganhos operacionais
- TV money: Receitas de televisão (note 15); the TV line also holds €21,887k of FIFA Club World Cup prize money and other income
- TV money: Receitas de televisão (note 15)
- TV money: Receitas de televisão (note 17)
- UEFA money: Prémios da UEFA (note 15): participation, performance and market pool
- UEFA money: Prémios da UEFA (note 15)
- UEFA money: Prémios da UEFA (note 17)
- Matchday: Receitas de jogos: corporate, season tickets, national and European ticketing (note 15)
- Matchday: Receitas de jogos (note 15)
- Matchday: Receitas de jogos (note 17)
- Matchday: Receitas de jogos (note 17): matches behind closed doors
- Sponsorship: Patrocinadores (note 15)
- Sponsorship: Patrocinadores (note 17)
- Player sales: Rendimentos com transações de direitos de atletas (gains €115,053k, other €2,285k); costs €28,428k apart, net €88,910k
- Player sales: Rendimentos com transações de direitos de atletas; costs €18,927k apart
- Player sales: Rendimentos com transações de direitos de atletas; costs €25,198k apart
- Player sales: Rendimentos com transações de direitos de atletas; costs €22,610k apart
- Player sales: Rendimentos com transações de direitos de atletas; costs €12,458k apart
- Other operating costs: Fornecimentos e serviços externos; Benfica brand royalties (€10,632k) apart
- Player amortisation: Amortizações e perdas de imparidade de direitos de atletas
- Other depreciation: Depreciações/amortizações excluding players' rights
- Financial result: Financial gains €6,648k less financial losses €16,599k
- Financial result: Financial gains €9,876k less financial losses €18,780k
- Income tax: A tax credit
- Player registrations (book value): Ativos intangíveis – plantel de futebol
- Property and equipment: Ativos tangíveis
- Provisions: Provisões, non-current
- Financial debt: Empréstimos obtidos: €142,931k non-current and €60,368k current
- Financial debt: Empréstimos obtidos: €164,467k non-current and €57,750k current
- Financial debt: Empréstimos obtidos: €143,838k non-current and €25,608k current
- Financial debt: Empréstimos obtidos: €145,342k non-current and €25,815k current
- Financial debt: Empréstimos obtidos: €53,694k non-current and €91,285k current
2024-25: Source: Sport Lisboa e Benfica - Futebol, SAD2023-24: Source: Sport Lisboa e Benfica - Futebol, SAD2022-23: Source: Sport Lisboa e Benfica - Futebol, SAD2021-22: Source: Sport Lisboa e Benfica - Futebol, SAD2020-21: Source: Sport Lisboa e Benfica - Futebol, SAD
Where Benfica has played
Season by season
- 2026-271Primeira Liga
- 2025-261Primeira Liga
- 2024-251Primeira Liga
- 2023-241Primeira Liga
- 2022-231Primeira Liga, champions
- 2021-221Primeira Liga
- 2020-211Primeira Liga
- 2019-201Primeira Liga
- 2018-191Primeira Liga, champions
- 2017-181Primeira Liga
- 2016-171Primeira Liga, champions
Not yet established
What we looked for and could not find in public sources. If you know, send a correction with a source.
- The club's accountsSport Lisboa e Benfica - Futebol, SAD (SL Benfica's company) posted no annual report that could be found for 2025-26 (tier 1). Lei 39/2023 requires the last three years on the company's site; the filed accounts can be bought from the registry (BDCA certificate), which this batch does not do.
- Who the shareholders areA natural person holds 13.67% of SL Benfica's SAD according to Liga Portugal's disclosure of 16 Oct 2025, which does not name natural persons; no public source naming the holder was found.
Sources13
- Sport Lisboa e Benfica - Futebol, SAD – Racius Racius, Database. Checked 4 October 2026.
- Sport Lisboa e Benfica – Racius Racius, Database. Checked 4 October 2026.
- Centro de Resultados – Liga Portugal Betclic 2026-2027 Federação Portuguesa de Futebol, Federation. Checked 3 October 2026.
- Centro de Resultados – Liga Portugal Betclic: jornada Federação Portuguesa de Futebol, Federation. Checked 3 October 2026.
- Transparência – Informação comunicada 2025-26 (participações qualificadas no capital social das sociedades desportivas), data 16/10/2025 Liga Portugal, League, 16 October 2025. Checked 3 October 2026.
- Liga Portugal team record: Sport Lisboa e Benfica - Futebol, SAD Liga Portugal, League. Checked 4 October 2026.
- Maior acionista individual da SAD do Benfica admite vender participação Maisfutebol, News, 28 March 2025. Checked 4 October 2026.
- Wikidata Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Wikidata Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- Wikidata Wikidata, Wikipedia / Wikidata. Checked 3 October 2026.
- 2026–27 Primeira Liga Wikipedia (en), Wikipedia / Wikidata. Checked 3 October 2026.
- S.L. Benfica Wikipedia (en), Wikipedia / Wikidata. Checked 3 October 2026.
- Lista de clubes de futebol de Portugal Wikipedia (pt), Wikipedia / Wikidata. Checked 3 October 2026.
Also on Wikidata (Q131499).
