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37°01′ N 7°56′ W

SC Farense

Tier 2Liga Portugal 2Faro, PortugalOn the globe

Founded
1910
Ground
Estádio São Luís7,000 seats
Full name
Sporting Clube Farense

Who owns SC Farense

SC Farense is controlled by João Carlos Barão Rodrigues, who holds 82.2%.

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 teamSporting Clube Farense - Algarve Futebol, SADSAD (sports public limited company), Portugal, NIPC 510693903

The club’s members’ association is Sporting Clube Farense (NIPC 501225005).

Changes of control

  1. 24 June 2013

    Converted the club into a company.

    Sporting Clube Farense-Algarve Futebol, SAD (NIPC 510693903), the company that fields SC Farense's first team in 2026-27, was incorporated on this date according to the registry data republished by racius; its founding club is Sporting Clube Farense. Its legal form may have changed since (several clubs' companies were created as SDUQs in 2013 and later became SADs).

    Medium confidenceSource: Racius

Farense’s finances

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

Against its tier

Farense's revenue of €6.06m is the 13th highest of the 17 Primeira Liga clubs with published accounts

In 2024-25 it spent €1.37 on staff for every €1 of revenue; the typical Primeira Liga club spent €0.94.

  • Farense
  • Other Primeira Liga clubs
Revenue17 clubs
Staff per €1 of revenue17 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. Farense: Reported revenue €6.06m; player-sale gains already excluded. The scales are logarithmic.

Revenue€6.06m2024-25
Staff costs€8.29m2024-25
Net result€705k2024-25
Equity
−€22.2m
accounts, 2024-25
Public money
€205
paid, 2024, 1 records

The accounts

Sporting Clube Farense - Algarve Futebol, SAD, the entity that fields the team · 2020-21 to 2024-25

Line2024-25Tier 12023-24Tier 12022-23Tier 22021-22Tier 22020-21Tier 1
Profit and loss
Revenue€6.06m€5.37m€1.21m€1.15m1€4.07m
TV money€3.60m2€3.60m3€450k3€360k3€3.50m4
League and federation distributions€35.7k5€28.1k6€1,6367——
Matchday€998k8€442k9€75.9k10€28.5k8€4,69111
Sponsorship€178k12€511k13€218k14€300k15€265k16
Subsidies€0€774€0€3,80717—
Other revenue€8.04m€106k€340k€427k€816k
Player sales€7.33m18——€25.8k19€9,66320
Staff costs€8.29m€6.63m€5.04m€5.43m€6.60m
Players' wages€5.07m21€4.17m22€3.08m22——
Other operating costs€3.42m€1.83m€1.42m€1.36m€1.79m
Player amortisation€34.7k23€1,33324€66724€76.6k24€92.9k25
Other depreciation€69k26€66.8k27€64.8k27€62.2k28€35.4k29
Operating result€788k−€3.43m−€5.34m−€5.55m−€4.03m
Financial result€030−€331—€0−€14932
Result before tax€788k−€3.43m−€5.34m−€5.55m−€4.03m
Income tax€82.8k€11.2k€9,553€7,328€6,37433
Net result€705k−€3.44m−€5.35m−€5.56m−€4.04m
Balance sheet
Total assets€6.51m€1.57m€1.36m€1.44m€2.30m
Non-current assets€650k€801k€894k34€954k€1.01m
Player registrations (book value)€67.3k35€102k36€1,33336€74.5k36€151k
Property and equipment€391k€417k€371k€412k€437k
Current assets€5.86m€769k€471k€489k€1.29m
Cash€81.4k€30.3k€44.4k€207k€512k
Equity−€22.2m−€23.0m−€19.6m−€14.3m−€8.69m
Share capital€1.70m€1.70m€1.70m€1.70m€1.70m
Liabilities€28.7m€24.6m€21.0m€15.7m€11.0m
Non-current liabilities€25.3m€22.6m€19.4m€14.1m€8.67m
Current liabilities€3.37m€1.91m€1.56m€1.56m€2.32m
Provisions€233k37————
Tax and social security debt€451k€335k€209k€225k38€783k39
Shareholder loans€25.3m40€22.6m41€19.4m42€14.1m42€8.65m42
Cash flow
Cash from operations−€2.32m−€3.32m−€5.41m−€5.30m−€2.87m
Cash from investing−€98k−€50k−€12.3k−€9,526−€256k
Cash from financing€2.47m43€3.35m44€5.26m45€5.01m46€3.64m
Net change in cash€51.1k−€14.1k−€163k−€305k€521k
Transfers and people
Employees8847—7848——
Notes on 48 figures, in the accounts’ own words
  1. Revenue: Vendas e prestação de serviços (the OCR misreads the first digit; fixed by the statement's result before depreciation)
  2. TV money: Transmissões televisivas – SporTV
  3. TV money: Transmissões televisivas – SporTV (note 15)
  4. TV money: Transmissões televisivas – SporTV (a Liga 1 season)
  5. League and federation distributions: Federação Portuguesa de Futebol
  6. League and federation distributions: Federação Portuguesa de Futebol (note 15)
  7. League and federation distributions: Federação Portuguesa de Futebol (note 15); Liga funds and the Allianz Cup are listed separately
  8. Matchday: Receitas e bilheteira
  9. Matchday: Receitas e bilheteira; quotizações, camarotes and tribunas €135,326.21 apart
  10. Matchday: Receitas e bilheteira; quotizações, camarotes and tribunas €32,468.19 apart
  11. Matchday: Receitas e bilheteira (matches behind closed doors)
  12. Sponsorship: Patrocínios e apostas sociais; online betting €332,058.48 apart
  13. Sponsorship: Patrocínios e apostas sociais €288,900 and publicidade diversa €221,640.20; online betting €249,828.39 apart
  14. Sponsorship: Patrocínios e apostas sociais €103,125.59 and publicidade diversa €115,130.30; online betting €202,141.85 and Placard €97,481.79 apart
  15. Sponsorship: Publicidade diversa; online betting €109,734.70 apart
  16. Sponsorship: Publicidade diversa; online betting €130,571.08 apart
  17. Subsidies: Federação Portuguesa de Futebol
  18. Player sales: Cedências de jogadores in outros rendimentos: gross proceeds of the transfers of Bruno Duarte (€1.8m), Mohamed Belloumi (€5.5m) and Maxuel (€25k), note 17; add-ons €275,000 and FIFA training compensation €289,192.41 apart
  19. Player sales: Cedência de atletas in outros rendimentos: gross income
  20. Player sales: Cedência de atletas: gross income
  21. Players' wages: Remunerações equipa de futebol profissional (note 19), before social charges
  22. Players' wages: Remunerações equipa de futebol profissional, before social charges
  23. Player amortisation: Amortização of the intangible assets, which the policy note calls the 'valor do plantel' (note 6)
  24. Player amortisation: Amortizações do exercício, ativos intangíveis (valor do plantel)
  25. Player amortisation: Amortizações do exercício, valor do plantel
  26. Other depreciation: Tangible assets (note 5)
  27. Other depreciation: Depreciation of tangible assets (note 5)
  28. Other depreciation: Gastos de depreciação e de amortização €138,811.88 less players' amortisation
  29. Other depreciation: Gastos de depreciação e de amortização €128,341.49 less players' amortisation
  30. Financial result: No interest in the income statement (interest paid in the cash flows €689.05)
  31. Financial result: Juros e gastos similares suportados
  32. Financial result: Interest received €2.18 less interest paid €151.40
  33. Income tax: Pre-tax result less net result (the OCR reads the first digit as 8)
  34. Non-current assets: Incl. €522,020.26 owed by the club, net of impairment
  35. Player registrations (book value): Ativos intangíveis ('valor do plantel'), net
  36. Player registrations (book value): Ativos intangíveis (valor do plantel)
  37. Provisions: Provisões (current), new in the year
  38. Tax and social security debt: Estado e outros entes públicos: €14,216.05 non-current and €210,667.09 current
  39. Tax and social security debt: Estado e outros entes públicos: €19,943.65 non-current and €763,550.30 current
  40. Shareholder loans: Accionistas/sócios: loans from the majority shareholder
  41. Shareholder loans: Accionistas/sócios, non-current: loans from the majority shareholder
  42. Shareholder loans: Accionistas/sócios, non-current
  43. Cash from financing: Loans received €2,701,872.52 less repayments €229,596.12 and interest €689.05
  44. Cash from financing: Financiamentos obtidos €3,478,863.94 received
  45. Cash from financing: Financiamentos obtidos €5,292,000 received
  46. Cash from financing: Loans received €5,035,658 less repayments
  47. Employees: At 30 June 2025, incl. 44 players (note 19)
  48. Employees: People employed at 30 June 2023 (40 players), not an average

2024-25: Source: SC Farense SAD2023-24: Source: Sporting Clube Farense - Algarve Futebol, SAD2022-23: Source: Sporting Clube Farense - Algarve Futebol, SAD2021-22: Source: Sporting Clube Farense - Algarve Futebol, SAD2020-21: Source: Sporting Clube Farense - Algarve Futebol, SAD

League figures, wage bills, budgets and public money 7 records
Public money, season or yearTotalRecords
2024€205paid1
2023€3,769paid4
2022€293paid2
  • 2024€205paid from UNIÃO DAS FREGUESIAS DE FARO (SÉ E SÃO PEDRO): Aquisição de medalhas para as camadas jovens do Farense(Benjamins Leões SCF). Source: Inspeção-Geral de Finanças
  • 2023€1,655paid from UNIÃO DAS FREGUESIAS DE FARO (SÉ E SÃO PEDRO): Aquisição de duas balizas de futsal. Source: Inspeção-Geral de Finanças
  • 2023€1,200paid from UNIÃO DAS FREGUESIAS DE FARO (SÉ E SÃO PEDRO): Aluguer de autocarro para deslocação de adeptos a Lisboa. Source: Inspeção-Geral de Finanças
  • 2023€640paid from UNIÃO DAS FREGUESIAS DE FARO (SÉ E SÃO PEDRO): Aquisição de equipamento-cadeiras para pavilhão(atletas/arbitos/delegados. Source: Inspeção-Geral de Finanças
  • 2023€274paid from UNIÃO DAS FREGUESIAS DE FARO (SÉ E SÃO PEDRO): Aquisição de equipamento (Balizas, Elástico e Bolas Futesal). Source: Inspeção-Geral de Finanças
  • 2022€170paid from UNIÃO DAS FREGUESIAS DE FARO (SÉ E SÃO PEDRO): Aquisição de tintas para pintura dos banearios da equipa de Futsal. Source: Inspeção-Geral de Finanças
  • 2022€123paid from UNIÃO DAS FREGUESIAS DE FARO (SÉ E SÃO PEDRO): Pagamento de equipamento para as atividades amadoras. Source: Inspeção-Geral de Finanças

Where Farense has played

12316-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-272Liga Portugal 2
  2. 2025-262Liga Portugal 2
  3. 2024-251Primeira Liga, relegated
  4. 2023-241Primeira Liga
  5. 2022-232Liga Portugal 2, promoted
  6. 2021-222Liga Portugal 2
  7. 2020-211Primeira Liga, relegated
  8. 2019-202Liga Portugal 2, promoted
  9. 2018-192Liga Portugal 2
  10. 2017-183Campeonato de Portugal, Série E, promoted
  11. 2016-173Campeonato de Portugal, Série H

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 accountsSporting Clube Farense - Algarve Futebol, SAD (SC Farense's company) posted no annual report that could be found for 2025-26 (tier 2). 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 (Q744353).

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