CD Feirense
Tier 2Liga Portugal 2Santa Maria da Feira, Aveiro, PortugalOn the globe
- Founded
- 1918
- Ground
- Estádio Marcolino de Castro5,401 seats · opened 1962
- Full name
- Clube Desportivo Feirense
- Website
- cdfeirense.pt
Who owns CD Feirense
CD Feirense is controlled by Tavistock Global Resource, Ltd, which holds 70%.
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.
- 70%controlsTavistock Global Resource, Ltd.Figure as of 16 October 2025Chain as disclosed: 100% detida por pessoas singulares.High confidenceSource: Liga Portugal
- 29.8%significant
The club’s members’ association is Clube Desportivo Feirense.
Changes of control
- 18 June 2013
Converted the club into a company.
Clube Desportivo Feirense - Futebol, SAD (NIPC 510690165), the company that fields CD Feirense's first team in 2026-27, was incorporated on this date according to the registry data republished by racius; its founding club is Clube Desportivo Feirense. Its legal form may have changed since (several clubs' companies were created as SDUQs in 2013 and later became SADs).
Medium confidenceSource: Racius
Feirense’s finances
From its published accounts and league records. Figures compare only with clubs at the tier it played that season.
Against its tier
Feirense's revenue of €626k is the 13th highest of the 14 Liga Portugal 2 clubs with published accounts
In 2024-25 it spent €3.49 on staff for every €1 of revenue; the typical Liga Portugal 2 club spent €3.45.
- Feirense
- Other Liga Portugal 2 clubs
- Equity
- €140k
- accounts, 2024-25
- Public money
- €136k
- paid, 2025, 2 records
The accounts
Clube Desportivo Feirense - Futebol, SAD, the entity that fields the team · 2020-21 to 2024-25
| Line | 2024-25Tier 2 | 2023-24Tier 2 | 2022-23Tier 2 | 2021-22Tier 2 | 2020-21Tier 2 |
|---|---|---|---|---|---|
| Profit and loss | |||||
| Revenue | €626k1 | €679k2 | €699k3 | €783k3 | €604k3 |
| TV money | €450k4 | €450k4 | €450k4 | €600k4 | €544k4 |
| UEFA money | €608k5 | €219k6 | — | — | — |
| Matchday | €17.8k7 | €53.3k8 | €91.9k9 | €50.4k9 | €010 |
| Sponsorship | €112k11 | €111k11 | €71.7k12 | €85.6k12 | €31.1k12 |
| Subsidies | €627k13 | €233k13 | €221k | €444k | €199k |
| Other revenue | €1.70m14 | €958k | €1.30m | €1.62m | €1.11m |
| Player sales | €1.07m15 | €626k16 | €959k16 | €1.06m16 | — |
| Staff costs | €2.18m | €1.98m | €1.85m | €2.44m | €3.12m |
| Players' wages | €1.08m17 | €967k17 | €946k17 | €1.17m17 | — |
| Other operating costs | €833k | €927k | €871k | €644k | €655k |
| Other depreciation | €35.6k18 | €17.5k | €10.4k | €91k | €206k |
| Operating result | −€185k | −€1.11m | −€946k | −€363k | −€2.41m |
| Financial result | €019 | −€192k20 | — | −€108k21 | — |
| Result before tax | −€185k | −€1.30m | −€946k | −€471k | −€2.41m |
| Income tax | €5,445 | €3,093 | €4,274 | €4,996 | €2,623 |
| Net result | −€190k | −€1.31m | −€950k | −€476k | −€2.42m |
| Balance sheet | |||||
| Total assets | €2.24m | €2.65m | €1.58m | €912k | €1.60m |
| Non-current assets | €115k | €78.7k | €61.3k | €58.2k | €119k |
| Property and equipment | €111k | €76.2k | €56.4k | €53.4k | €12k |
| Current assets | €2.13m | €2.57m | €1.52m | €854k | €1.48m |
| Cash | €725k | €1.13m | €192k | €179k | €110k |
| Equity | €140k | −€455k | −€2.17m | −€4.72m | −€4.24m |
| Share capital | €1.00m | €1.00m | €1.00m | €1.00m | €1.00m |
| Liabilities | €2.10m | €3.10m | €3.75m | €5.63m | €5.84m |
| Non-current liabilities | €736k | €1.08m | €2.24m | €4.52m | €4.00m |
| Current liabilities | €1.37m | €2.03m | €1.51m | €1.11m | €1.84m |
| Provisions | €22k | €22k | €171k | €22k22 | €255k |
| Financial debt | €715k23 | €1.06m24 | €2.07m25 | €4.50m26 | €3.75m27 |
| Tax and social security debt | €77k | €252k | €75.9k | €63k | €74.4k |
| Shareholder loans | €248k28 | €589k29 | €2.07m30 | — | — |
| Cash flow | |||||
| Cash from operations | −€1.99m | −€2.35m | −€1.99m | −€1.63m | −€2.64m |
| Cash from investing | €1.31m31 | €1.19m32 | €933k | €1.07m33 | €347k34 |
| Cash from financing | €278k | €2.10m35 | €1.07m | €636k | €1.92m |
| Net change in cash | −€400k36 | €936k37 | €12.8k | €69.2k | −€368k |
| Money from owners | |||||
| Owner contributions | €7.25m38 | €6.50m39 | €3.50m40 | — | — |
| Transfers and people | |||||
| Employees | 5541 | 5042 | 4843 | 5544 | — |
Notes on 44 figures, in the accounts’ own words
- Revenue: Vendas e serviços prestados: TV rights €450,000, sponsorship and advertising €112,445.30, gate €17,827.35, boxes €15,165.63, competition participation €18,968.89, loan fees €4,914.96, other €6,881.23 (note 15)
- Revenue: Vendas e serviços prestados: TV rights €450,000, sponsorship and advertising €110,751.76, gate €53,265.73, boxes €7,580, loan fees €30,418.51, competition participation €21,603.07, other €5,591.19 (note 15)
- Revenue: Vendas e serviços prestados (note 15)
- TV money: Direitos televisivos (note 15)
- UEFA money: UEFA solidarity payments ('pagamentos de solidariedade') inside subsídios à exploração: €222,066.67 for 2023/24 and €385,562.50 for 2024/25, booked when the FPF communicates them (note 16)
- UEFA money: UEFA solidarity payments ('pagamentos de solidariedade') inside subsídios à exploração (note 16)
- Matchday: Receitas de bilheteira (note 15); boxes (camarotes) are a separate €15,165.63
- Matchday: Receitas de bilheteira (note 15); boxes €7,580 are a separate line
- Matchday: Receitas de bilheteira (note 15)
- Matchday: Receitas de bilheteira: nil (note 15)
- Sponsorship: Publicidade/patrocínios (note 15)
- Sponsorship: Publicidade/patrocínio (note 15)
- Subsidies: Subsídios à exploração (note 16)
- Other revenue: Outros rendimentos: player-sale gains €1,073,435.48, betting revenue (Placard and others) €340,717.55, solidarity-mechanism income €258,912.89 and smaller items (note 20)
- Player sales: Net gains on disposals of players' economic and registration rights ('mais valias'), inside outros rendimentos (note 20)
- Player sales: Net gains on disposals of players' rights ('mais valias'), inside outros rendimentos (note 20)
- Players' wages: Remunerações jogadores (note 18)
- Other depreciation: Gastos de depreciação e de amortização: tangible assets €14,304.33 and intangibles €21,261.46, mostly agents' fees capitalised on players' registrations (note 19)
- Financial result: No interest booked (note 22); the shareholder loans bore no interest in the year
- Financial result: Juros e gastos similares suportados: €189,775.32 of interest on the majority shareholder's loans (suprimentos), accrued and not yet paid, and €2,279.87 other
- Financial result: Juros e gastos similares suportados
- Provisions: Reversal of €233,000 of provisions booked as income in the year
- Financial debt: Financiamentos obtidos: €714,418.82 non-current and €750.15 current
- Financial debt: Financiamentos obtidos: €1,054,606.36 non-current and €852.61 current
- Financial debt: Financiamentos obtidos: €2,070,133.10 non-current and €550.30 current
- Financial debt: Financiamentos obtidos: €4,497,919.26 non-current and €442.89 current
- Financial debt: Financiamentos obtidos: €3,747,896.92 non-current and €461.39 current
- Shareholder loans: Suprimentos from Tavistock, inside non-current financiamentos obtidos (note 12); the other €465,999.96 is an interest-free loan from another lender
- Shareholder loans: Suprimentos from Tavistock inside non-current financiamentos obtidos, to the cent from note 12 of the 2024/2025 report; the other €465,999.96 is a loan from another lender
- Shareholder loans: The non-current financiamentos obtidos: suprimentos from Tavistock (related-party note: €2,070,133)
- Cash from investing: Includes €1,673,108.91 received for intangible assets (players' rights)
- Cash from investing: Includes €1,618,176.17 received for intangible assets (players' rights)
- Cash from investing: Includes €2,312,586.60 received for intangible assets (players' rights)
- Cash from investing: As printed; its own lines (−€436,000.00 paid and €783,554.20 received for intangible assets) sum to €347,554.20, which is the figure that reconciles the three flows with the printed net change
- Cash from financing: Loans received €2,107,196.09
- Net change in cash: Before exchange differences of −€1,569.50
- Net change in cash: Before exchange differences of −€2,373.41
- Owner contributions: Outros instrumentos de capital próprio: supplementary capital (prestações acessórias) of the majority shareholder, Tavistock; €750,000 of its shareholder loans were converted in May 2025 (note 10)
- Owner contributions: Outros instrumentos de capital próprio: supplementary capital of the majority shareholder; €3,000,000 of shareholder loans were converted in May 2024 (note 10)
- Owner contributions: Outros instrumentos de capital próprio: €3,500,000 of the majority shareholder's loans converted into supplementary capital in May 2023
- Employees: Staff at 30 June 2025: 29 players (including players on loan to the company), 6 technical staff, 17 other staff and 3 board members (note 18)
- Employees: Staff at 30 June 2024 (note 18)
- Employees: Staff at 30 June 2023 (note 18)
- Employees: Staff at 30 June 2022 (note 18)
2024-25: Source: Clube Desportivo Feirense, Futebol, SAD (cdfeirensesad.pt)2023-24: Sources: Clube Desportivo Feirense, Futebol, SAD (cdfeirensesad.pt), Clube Desportivo Feirense, Futebol, SAD (cdfeirensesad.pt)2022-23: Source: Clube Desportivo Feirense, Futebol, SAD (cdfeirensesad.pt)2021-22: Source: Clube Desportivo Feirense, Futebol, SAD (cdfeirensesad.pt)2020-21: Source: Clube Desportivo Feirense, Futebol, SAD (cdfeirensesad.pt)
League figures, wage bills, budgets and public money 13 records
| Public money, season or year | Total | Records |
|---|---|---|
| 2025 | €136kpaid | 2 |
| 2024 | €196kpaid | 2 |
| 2023 | €119kpaid | 2 |
| 2022 | €160kpaid | 4 |
| 2021 | €130kpaid | 3 |
- 2025€135kpaid from MUNICÍPIO DE SANTA MARIA DA FEIRA: O total pago de transferências correntes para esta entidade foi para as seguintes finalidades: PAD Medida 6 b) Manutenção de Campos de Jogos de Relva Natural, PAD 2024 Medida 2 a), 2b)e 6 c) , PAD 2025 Medida 1, 6b) e 6 e). Source: Inspeção-Geral de Finanças
- 2025€1,000paid from MUNICÍPIO DE SANTA MARIA DA FEIRA: O total pago de transferências capital para esta entidade foi para as seguintes finalidades: _PAD - Medida 9) Apoio ao Apetrechamento de Equipamentos. Source: Inspeção-Geral de Finanças
- 2024€116kpaid from MUNICÍPIO DE SANTA MARIA DA FEIRA: O total pago de transferências correntes para esta entidade foi para a seguinte finalidade: _contrato Programa de desenvolvimento desportivo Medida 6 b) Apoio a manutenção dos campos de relva natural, Medida 1 apoio a inscrição de praticantes,Medida 2 a) Atividades regulares, Medida 2 b) Atividades Pontuais e Medidad 6 a) Aquisição de materiais não individuais. Source: Inspeção-Geral de Finanças
- 2024€79.9kpaid from MUNICÍPIO DE SANTA MARIA DA FEIRA: O total pago de transferências capital para esta entidade foi para as seguintes finalidades: _PAD - Medida 7 b)- Apoio a modernização e reabilitação de instalações desportivas e obras de eficiencia energetica LED. Source: Inspeção-Geral de Finanças
- 2023€108kpaid from MUNICÍPIO DE SANTA MARIA DA FEIRA: O total pago de transferências correntes para esta entidade foi para a seguinte finalidade: _contrato-programa de desenvolvimento desportivo Medida 6 b) manutenção doscampos de jogos de relva natural, Medida 2 b) atividades pontuais, Medida 1 apoio a inscrição de praticantes, Medida 10 Apoio a participação em competicoes internacionais. Source: Inspeção-Geral de Finanças
- 2023€10.8kpaid from INSTITUTO DO EMPREGO E FORMAÇÃO PROFISSIONAL, I.P.: Estágios com a duração de 9 meses, não prorrogáveis, tendo em vista promover a inserção de jovens no mercado de trabalho ou a reconversão profissional de desempregados. Source: Inspeção-Geral de Finanças
- 2022€104kpaid from MUNICÍPIO DE SANTA MARIA DA FEIRA: O total pago de transferências correntes para esta entidade foi para a seguinte finalidade: _PAD medida 6 2022 Manutenção campos de relva natural, atividades regulares e pontuais e inscrições de camadas jovens. Source: Inspeção-Geral de Finanças
- 2022€46.1kpaid from MUNICÍPIO DE SANTA MARIA DA FEIRA: O total pago de transferências capital para esta entidade foi para a seguinte finalidade: _PAD Medida 7 Apoio a modernização e reabilitação das instalações desportivas. Source: Inspeção-Geral de Finanças
Where Feirense has played
Season by season
- 2026-272Liga Portugal 2
- 2025-262Liga Portugal 2
- 2024-252Liga Portugal 2
- 2023-242Liga Portugal 2
- 2022-232Liga Portugal 2
- 2021-222Liga Portugal 2
- 2020-212Liga Portugal 2
- 2019-202Liga Portugal 2
- 2018-191Primeira Liga, relegated
- 2017-181Primeira Liga
- 2016-171Primeira Liga
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 accountsClube Desportivo Feirense - Futebol, SAD (CD Feirense'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.
Sources11
- Clube Desportivo Feirense - Futebol, SAD – Racius Racius, Database. Checked 4 October 2026.
- Centro de Resultados – Liga Portugal Meu Super 2026-2027 Federação Portuguesa de Futebol, Federation. Checked 3 October 2026.
- Centro de Resultados – Liga Portugal Meu Super: 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: Clube Desportivo Feirense - Futebol, SAD Liga Portugal, League. 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 Liga Portugal 2 Wikipedia (en), Wikipedia / Wikidata. Checked 3 October 2026.
- C.D. Feirense 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 (Q671042).
