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41°27′ N 8°10′ W

AD Fafe

Tier 3Liga 3, Série AFafe, Braga, PortugalOn the globe

Founded
1958
Ground
Estádio Municipal de Fafe4,000 seats · opened 1968
Full name
Associação Desportiva de Fafe
Website
adfafe.pt

Who owns AD Fafe

AD Fafe is controlled by Vanderlei Fernandes da Silva, who holds 75%.

Investor in control, the club keeps a stake

From the pitch to the top

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

Fields the first teamAssociação Desportiva de Fafe, Futebol, SADSAD (sports public limited company), Portugal, NIPC 514028858

The club’s members’ association is Associação Desportiva de Fafe (NIPC 501659943).

Changes of control

  1. March 2024

    A buyer took control (75%) from Associação Desportiva de Fafe.

    Approved by the members (127 of 226 votes). The buyers named in the SAD's accounts are Felmargest SGPS and Rómulo SGPS, 37.5% each; the club's site names Vanderlei Fernandes da Silva as holder of 75%. The price of the shares is not given.

    • Paid for the shares€450kdisclosed

    High confidenceSource: Associação Desportiva de Fafe – Futebol, SAD

  2. 27 June 2016

    Converted the club into a company.

    Associação Desportiva de Fafe, Futebol, SAD (NIPC 514028858), the company that fields AD Fafe's first team in 2026-27, was incorporated on this date according to the registry data republished by racius; its founding club is Associação Desportiva de Fafe. Its legal form may have changed since (several clubs' companies were created as SDUQs in 2013 and later became SADs).

    Medium confidenceSource: Racius

Fafe’s finances

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

Against its tier

Fafe's revenue of €139k is the 4th highest of the 4 Liga 3 clubs with published accounts

In 2022-23 it spent €1.59 on staff for every €1 of revenue; the typical Liga 3 club spent €1.50.

  • Fafe
  • Other Liga 3 clubs
Revenue4 clubs
Staff per €1 of revenue4 clubs

Each club's newest recorded accounts since 2021–22, at the tier it played that season. If that year's revenue cannot be separated from player trading, the club is omitted rather than using an older year. Coverage counts comparable accounts, not every club with financial data. Revenue excludes player-sale income. Where that income is included in the published total, we subtract the statement's separately reported player-trading figure. Some statements group loan fees and other player income with sale gains; those are removed together. Otherwise loan fees remain included. These are comparisons across accounting formats, not identical revenue definitions. Fafe: Reported revenue €139k; player-sale gains already excluded. The scales are logarithmic.

Revenue€139k2022-23
Staff costs€222k2022-23
Net result−€157k2022-23
Equity
−€284k
accounts, 2022-23
Public money
€225k
paid, 2025, 5 records

The accounts

Associação Desportiva de Fafe, Futebol, SAD, the entity that fields the team · 2019-20 to 2022-23

Line2022-23Tier 3 · abridged accounts2021-22Tier 3 · abridged accounts2020-21Tier 3 · abridged accounts2019-20Tier 3 · abridged accounts
Profit and loss
Revenue€139k€137k€62.6k1€90.3k2
Matchday——€03€10.4k4
Sponsorship——€62.6k5€79.9k6
Subsidies€66.2k€47.3k€60.1k€27.3k
Other revenue€5,338€3,705€6,154€3,227
Staff costs€222k€276k€161k€121k
Other operating costs€66.3k€89.6k€70.7k€68.5k
Other depreciation€6,091€1,924€233€233
Operating result−€156k−€204k−€111k−€88.7k
Financial result−€665−€2,458−€937−€3,0347
Result before tax−€157k−€207k−€111k−€91.7k
Income tax€125€332€0€0
Net result−€157k−€207k−€111k−€91.7k
Balance sheet
Total assets€181k€228k€225k€208k
Non-current assets€2,906€3,838€3,263€3,496
Property and equipment€2,906€3,838€3,263€3,496
Current assets€178k€224k€222k€204k
Cash€5,689€12.8k€31k€5,135
Equity−€284k−€477k−€270k−€159k
Share capital€200k€200k€200k€200k
Liabilities€465k€705k€495k€367k
Non-current liabilities€27.7k€338k€270k€31.7k
Current liabilities€437k€366k€225k€335k
Financial debt€192k8€351k9€270k10€160k11
Tax and social security debt€59.6k€69.8k€13.4k€2,195
Shareholder loans€47.9k12€247k13€177k14€97.6k14
Money from owners
Owner contributions€350k15———
Transfers and people
Employees71614171418—
Notes on 18 figures, in the accounts’ own words
  1. Revenue: Publicidade €57,627.44 and patrocínios €5,007.03 (note 9); no ticket sales in a season played without spectators
  2. Revenue: Bilhetes €10,390.25 and publicidade €79,899.31 (note 9)
  3. Matchday: Bilhetes (none)
  4. Matchday: Bilhetes
  5. Sponsorship: Publicidade €57,627.44 and patrocínios €5,007.03
  6. Sponsorship: Publicidade
  7. Financial result: Juros e gastos similares suportados
  8. Financial debt: Financiamentos obtidos: €163,932.86 current + €27,660.25 non-current
  9. Financial debt: Financiamentos obtidos: €338,474.58 non-current + €12,337.50 current
  10. Financial debt: Financiamentos obtidos, non-current; nil current
  11. Financial debt: Financiamentos obtidos: €31,725.00 non-current + €127,918.47 current
  12. Shareholder loans: Financiamentos obtidos from Associação Desportiva de Fafe, current
  13. Shareholder loans: Financiamentos obtidos from Associação Desportiva de Fafe, non-current
  14. Shareholder loans: Balance owed to the parent, Associação Desportiva de Fafe (note 8.3)
  15. Owner contributions: Outros instrumentos de capital próprio: the club converted shareholder loans (suprimentos) into supplementary capital on 28 June 2023
  16. Employees: workers at 30 June 2023
  17. Employees: workers at 30 June 2022
  18. Employees: workers at 30 June 2021 (this report); the 2021-2022 report gives 9

2022-23: Source: Associação Desportiva de Fafe – Futebol, SAD2021-22: Source: Associação Desportiva de Fafe, Futebol, SAD2020-21: Source: Associação Desportiva de Fafe, Futebol, SAD2019-20: Source: Associação Desportiva de Fafe, Futebol, SAD

League figures, wage bills, budgets and public money 24 records
Public money, season or yearTotalRecords
2025€225kpaid5
2024€169kpaid6
2023€190kpaid2
2022€250kpaid4
2021€989kpaid7
  • 2025€150kpaid from MUNICÍPIO DE FAFE: Apoio à execução do plano de atividades, desporto- futebol, natação.. Source: Inspeção-Geral de Finanças
  • 2025€74kpaid from MUNICÍPIO DE FAFE: Isenção na utilização dos equipamentos desportivos (pavilhões municipais, piscina), valor da isenção calculado de acordo com o número de utilizações.. Source: Inspeção-Geral de Finanças
  • 2025€689paid from MUNICÍPIO DE FAFE: Isenção na utilização dos equipamentos desportivos (pavilhões municipais, piscina), valor da isenção calculado de acordo com o número de utilizações.. Source: Inspeção-Geral de Finanças
  • 2025€175paid from MUNICÍPIO DE FAFE: Assembleia da ADF.Isenção de acordo com o artigo 18º do Regulamento n. 384/2023, de 27 de março de 2023, que Aprova o Regulamento de Utilização e Funcionamento dos Equipamentos Municipais.. Source: Inspeção-Geral de Finanças
  • 2025€99paid from MUNICÍPIO DE FAFE: Reunião.Isenção de acordo com o artigo 18º do Regulamento n. 384/2023, de 27 de março de 2023, que Aprova o Regulamento de Utilização e Funcionamento dos Equipamentos Municipais.. Source: Inspeção-Geral de Finanças
  • 2024€150kpaid from MUNICÍPIO DE FAFE: Apoio à execução do plano de atividades, desporto, essencialmente futebol.. Source: Inspeção-Geral de Finanças
  • 2024€17.4kpaid from MUNICÍPIO DE FAFE: Isenção na utilização dos equipamentos desportivos (pavilhões municipais, piscina), valor da isenção calculado de acordo com o número de utilizações. Isenção de acordo com o artigo 18º do Regulamento n. 384/2023, de 27 de março de 2023, que Aprova o Regulamento de Utilização e Funcionamento dos Equipamentos Municipais.. Source: Inspeção-Geral de Finanças
  • 2024€1,000paid from MUNICÍPIO DE FAFE: Aniversário da Associação Desportiva de Fafe. Isenção de acordo com o artigo 18º do Regulamento n. 384/2023, de 27 de março de 2023, que Aprova o Regulamento de Utilização e Funcionamento dos Equipamentos Municipais.. Source: Inspeção-Geral de Finanças

Where Fafe has played

23New owner16-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-273Liga 3, Série A
  2. 2025-263Liga 3, Série A
  3. 2024-253Liga 3, Série A
  4. 2023-243Liga 3, Série A
  5. 2022-233Liga 3, Série A
  6. 2021-223Liga 3, Zona Norte
  7. 2020-213Campeonato de Portugal, Série B, promoted
  8. 2019-203Campeonato de Portugal, Série A
  9. 2018-193Campeonato de Portugal, Série A
  10. 2017-183Campeonato de Portugal, Série A
  11. 2016-172Liga Portugal 2, relegated

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 accountsAssociação Desportiva de Fafe, Futebol, SAD (AD Fafe's company) posted no annual report that could be found for 2023-24 (tier 3), 2024-25 (tier 3), 2025-26 (tier 3). 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.
Sources13

Also on Wikidata (Q290860).

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