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38°39′ N 9°06′ W, approximate

SL Benfica B

Tier 2Liga Portugal 2Lisboa, PortugalOn the globe

Reserve side of SL Benfica

Ground
Benfica Campus - Campo Nº12,644 seats
Full name
Sport Lisboa e Benfica B

Who owns SL Benfica B

Second team of SL Benfica, entered by SL Benfica's sports company ("Sl Benfica, Sad").

Members in control, investors hold a stake

As of October 2026Medium confidenceSources: Federação Portuguesa de Futebol, Federação Portuguesa de Futebol

From the pitch to the top

The company that fields the team, then each holder above it.

Fields the first teamSport Lisboa e Benfica - Futebol, SADSAD (sports public limited company), Portugal, NIPC 504882066
  • 40%controls
    Sport Lisboa e BenficaMembers' association, PortugalFigure 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%significant
    Sport Lisboa e Benfica, SGPS, SASociedad anónima, PortugalFigure as of 16 October 2025Chain as disclosed: 100% detida pelo clube fundador.High confidenceSource: Liga Portugal
  • Stake not knownminority
    José António dos SantosPersonFigure 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 B’s finances

From its published accounts and league records. Figures compare only with clubs at the tier it played that season.

Revenue€230.6m2024-25
Staff costs€127.7m2024-25
Net result€34.4m2024-25
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

Line2024-25Tier 1 · audited2023-24Tier 1 · audited2022-23Tier 1 · audited2021-22Tier 1 · audited2020-21Tier 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
  1. Revenue: Rendimentos e ganhos operacionais
  2. TV money: Receitas de televisão (note 15); the TV line also holds €21,887k of FIFA Club World Cup prize money and other income
  3. TV money: Receitas de televisão (note 15)
  4. TV money: Receitas de televisão (note 17)
  5. UEFA money: Prémios da UEFA (note 15): participation, performance and market pool
  6. UEFA money: Prémios da UEFA (note 15)
  7. UEFA money: Prémios da UEFA (note 17)
  8. Matchday: Receitas de jogos: corporate, season tickets, national and European ticketing (note 15)
  9. Matchday: Receitas de jogos (note 15)
  10. Matchday: Receitas de jogos (note 17)
  11. Matchday: Receitas de jogos (note 17): matches behind closed doors
  12. Sponsorship: Patrocinadores (note 15)
  13. Sponsorship: Patrocinadores (note 17)
  14. Player sales: Rendimentos com transações de direitos de atletas (gains €115,053k, other €2,285k); costs €28,428k apart, net €88,910k
  15. Player sales: Rendimentos com transações de direitos de atletas; costs €18,927k apart
  16. Player sales: Rendimentos com transações de direitos de atletas; costs €25,198k apart
  17. Player sales: Rendimentos com transações de direitos de atletas; costs €22,610k apart
  18. Player sales: Rendimentos com transações de direitos de atletas; costs €12,458k apart
  19. Other operating costs: Fornecimentos e serviços externos; Benfica brand royalties (€10,632k) apart
  20. Player amortisation: Amortizações e perdas de imparidade de direitos de atletas
  21. Other depreciation: Depreciações/amortizações excluding players' rights
  22. Financial result: Financial gains €6,648k less financial losses €16,599k
  23. Financial result: Financial gains €9,876k less financial losses €18,780k
  24. Income tax: A tax credit
  25. Player registrations (book value): Ativos intangíveis – plantel de futebol
  26. Property and equipment: Ativos tangíveis
  27. Provisions: Provisões, non-current
  28. Financial debt: Empréstimos obtidos: €142,931k non-current and €60,368k current
  29. Financial debt: Empréstimos obtidos: €164,467k non-current and €57,750k current
  30. Financial debt: Empréstimos obtidos: €143,838k non-current and €25,608k current
  31. Financial debt: Empréstimos obtidos: €145,342k non-current and €25,815k current
  32. 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 B has played

216-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-272Liga Portugal 2
  2. 2025-262Liga Portugal 2
  3. 2024-252Liga Portugal 2
  4. 2023-242Liga Portugal 2
  5. 2022-232Liga Portugal 2
  6. 2021-222Liga Portugal 2
  7. 2020-212Liga Portugal 2
  8. 2019-202Liga Portugal 2
  9. 2018-192Liga Portugal 2
  10. 2017-182Liga Portugal 2
  11. 2016-172Liga Portugal 2
Sources14

Also on Wikidata (Q7387221).

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