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32°40′ N 16°53′ W

CD Nacional

Tier 1Primeira LigaFunchal, Madeira, PortugalOn the globe

Founded
1910
Ground
Estádio da Madeira5,200 seats · opened 1999
Full name
Clube Desportivo Nacional
Website
cdnacional.pt
Reserve side
CD Nacional A

Who owns CD Nacional

CD Nacional is owned by its members: Clube Desportivo Nacional - Futebol, SAD fields the team.

From the pitch to the top

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

Fields the first teamClube Desportivo Nacional - Futebol, SADSAD (sports public limited company), Portugal, NIPC 509931200
  • 60%controls
    Clube Desportivo Nacional SGPS, SASociedad anónima, PortugalFigure as of 16 October 2025Chain as disclosed: 99,96% detida pelo clube fundador, 0,03% por pessoas singulares e 0,01% pelo Clube Desportivo Nacional Merchandising, Lda (98% do clube fundador, 2% de pessoa singular).High confidenceSource: Liga Portugal
  • 39%significant
    Clube Desportivo NacionalMembers' association, PortugalFigure as of 16 October 2025The club also holds 99.96% of Clube Desportivo Nacional SGPS, SA, the SAD's 60% shareholder.High confidenceSource: Liga Portugal

The club’s members’ association is Clube Desportivo Nacional (NIPC 511000227).

Changes of control

  1. 7 September 2011

    Converted the club into a company.

    Clube Desportivo Nacional Futebol, SAD (NIPC 509931200), the company that fields CD Nacional'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 Nacional. Its legal form may have changed since (several clubs' companies were created as SDUQs in 2013 and later became SADs).

    Medium confidenceSource: Racius

Nacional’s finances

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

Against its tier

Nacional's revenue of €6.07m is the 12th highest of the 17 Primeira Liga clubs with published accounts

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

  • Nacional
  • 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. Nacional: Reported revenue €6.07m; player-sale gains already excluded. The scales are logarithmic.

Revenue€6.07m2024-25
Staff costs€5.71m2024-25
Net result€570k2024-25
Equity
−€1.57m
accounts, 2024-25
Public money
€3.08m
paid, 2025, 30 records

The accounts

Clube Desportivo Nacional - Futebol, SAD, the entity that fields the team · 2020-21 to 2024-25

2024-25Tier 12023-24Tier 22022-23Tier 22021-22Tier 22020-21Tier 1
Profit and loss
Revenue€6.07m€843k€711k€782k€4.83m
TV money€5.57m1€500k1€500k1€600k2€4.60m
UEFA money€222k3€219k4———
Matchday€164k5€48.2k5€10.3k6€8,2015—
Sponsorship€334k7€294k7€177k8€167k7—
Subsidies€2.24m€880k€879k€1.08m€1.76m
Other revenue€1.06m€1.41m€1.47m€1.45m€2.15m
Staff costs€5.71m€2.45m€2.22m€3.45m€4.95m
Other operating costs€1.76m€1.23m€1.02m€1.04m€1.78m
Player amortisation—€81.3k9€81.3k10€119k10—
Other depreciation€3,75011—€1,51112€1,09513€177k14
Operating result€913k−€1.13m−€468k−€764k€134k
Financial result−€159k15−€3,88216−€1,91116€0−€3,857
Result before tax€754k−€1.13m−€470k−€764k€131k
Income tax€184k−€162k17−€51.1k17−€325k17€9,490
Net result€570k−€973k−€419k−€439k€121k
Balance sheet
Total assets€2.17m€1.33m€1.11m€1.58m€3.79m
Non-current assets€974k€539k18€458k€490k€428k
Player registrations (book value)€570k19—€81.3k19€163k20€427k
Property and equipment€11.3k——€1,511€1,679
Current assets€1.20m€793k€657k€1.09m€3.37m
Cash€226k€15.7k€21.9k€10.8k€1.65m
Equity−€1.57m−€2.14m−€1.17m−€738k−€298k
Share capital€1.00m€1.00m€1.00m€1.00m€1.00m
Liabilities€3.75m€3.48m€2.29m€2.32m€4.09m
Non-current liabilities€902k€914k€0€64.5k€263k
Current liabilities€2.84m€2.56m€2.29m€2.26m€3.83m
Provisions—€422k21——€1.33m
Financial debt€450k22€739k23€566k24€556k25€263k26
Tax and social security debt€574k€601k€360k€12.7k€186k
Shareholder loans€450k27€647k28———
Cash flow
Cash from operations€743k−€167k−€169k−€1.78m€2.15m
Cash from investing−€15k€0€0−€152k−€138k
Cash from financing−€518k€161k€180k€293k−€407k
Net change in cash€211k−€6,271€11.1k−€1.64m€1.61m
Transfers and people
Employees6429583057315731—
Notes on 31 figures, in the accounts’ own words
  1. TV money: Direitos televisivos
  2. TV money: Direitos televisivos (€4,600,000 in 2020/2021, a Liga 1 season)
  3. UEFA money: Prémio UEFA; UEFA solidarity mechanism €225,100 apart
  4. UEFA money: UEFA 2023/2024
  5. Matchday: Bilhetes, camarotes
  6. Matchday: 2023/2024 report's comparative
  7. Sponsorship: Publicidade
  8. Sponsorship: 2023/2024 report's comparative
  9. Player amortisation: Amortizações de jogadores (note 7); no tangible depreciation
  10. Player amortisation: Amortizações de jogadores (note 7)
  11. Other depreciation: Tangible assets; the players' registrations bought in the season (€570,000) were not yet amortised
  12. Other depreciation: Tangible assets
  13. Other depreciation: Tangible assets (note 6)
  14. Other depreciation: Gastos de depreciação e de amortização, total; mostly amortisation of players' registrations (intangible assets €426,667), not split
  15. Financial result: Juros de financiamentos obtidos
  16. Financial result: Juros e gastos similares suportados
  17. Income tax: A tax credit (deferred tax)
  18. Non-current assets: Deferred tax assets only
  19. Player registrations (book value): Ativos intangíveis: players (note 7)
  20. Player registrations (book value): Ativos intangíveis: players
  21. Provisions: For court cases
  22. Financial debt: Financiamentos obtidos, all non-current loans from the club, Clube Desportivo Nacional (note 14)
  23. Financial debt: Financiamentos obtidos: bank loan €41,072, loans from shareholders €647,238 and overdrafts €50,365 (2024/2025 report's note 14)
  24. Financial debt: Financiamentos obtidos, all current: bank €65,715, the club €213,464 and others
  25. Financial debt: Financiamentos obtidos: €64,541 non-current and €491,400 current
  26. Financial debt: Financiamentos obtidos, non-current
  27. Shareholder loans: Participantes de capital: the club, Clube Desportivo Nacional (note 14)
  28. Shareholder loans: Participantes de capital: the club €447,338 and another shareholder €199,900 (2024/2025 report's note 14)
  29. Employees: Average staff: 30 players, 6 coaches, 25 employees and 3 board members
  30. Employees: Average staff: 28 players, 5 coaches, 22 employees and 3 board members
  31. Employees: Average staff: 28 players, 4 coaches, 22 employees and 3 board members

2024-25: Source: Clube Desportivo Nacional - Futebol, SAD2023-24: Sources: Clube Desportivo Nacional - Futebol, SAD, Clube Desportivo Nacional - Futebol, SAD2022-23: Sources: Clube Desportivo Nacional - Futebol, SAD, Clube Desportivo Nacional - Futebol, SAD2021-22: Source: Clube Desportivo Nacional - Futebol, SAD2020-21: Source: Clube Desportivo Nacional - Futebol, SAD

League figures, wage bills, budgets and public money 100 records
Public money, season or yearTotalRecords
2025€3.08mpaid30
2024€2.21mpaid22
2023€1.42mpaid22
2022€1.43mpaid18
2021€289kpaid8
  • 2025€1.19mpaid from SECRETARIA REGIONAL DE EDUCAÇÃO, CIÊNCIA E TECNOLOGIA: Apoio à Atividade - PRAD - Época 2025/2026 - 1.ª à 6.ª Prestação. Source: Inspeção-Geral de Finanças
  • 2025€1.10mpaid from SECRETARIA REGIONAL DE EDUCAÇÃO, CIÊNCIA E TECNOLOGIA: Apoio à Atividade - PRAD - Época 2024/2025 - 7.ª à 12.ª Prestação. Source: Inspeção-Geral de Finanças
  • 2025€187kpaid from MUNICÍPIO DO FUNCHAL: RAMPA DO MONTE/RALI MUNICIPIO FUNCHAL/SUBST SINTÉTICOS CR CAMPUS/PROGRAMA JOVEM ATLETA. Source: Inspeção-Geral de Finanças
  • 2025€123kpaid from SECRETARIA REGIONAL DE EDUCAÇÃO, CIÊNCIA E TECNOLOGIA: Infraestruturas Desportivas - Campo de Futebol de Relva Natural, Relva Sintética e Estádio de Futebol - PRAD - Época Desportiva 2024/25 - Prestação Única. Source: Inspeção-Geral de Finanças
  • 2025€121kpaid from SECRETARIA REGIONAL DE EDUCAÇÃO, CIÊNCIA E TECNOLOGIA: Competição Desportiva Regional - PRAD - Época 2024/2025 - 1.ª à 6.ª Prestação. Source: Inspeção-Geral de Finanças
  • 2025€65.5kpaid from SECRETARIA REGIONAL DE EDUCAÇÃO, CIÊNCIA E TECNOLOGIA: Deslocações - PRAD - Época 2025/2026 - 1.ª à 6.ª Prestação. Source: Inspeção-Geral de Finanças
  • 2025€32.7kpaid from SECRETARIA REGIONAL DE EDUCAÇÃO, CIÊNCIA E TECNOLOGIA: Apoio à Atividade - PRAD - Época 2024/2025 - 7.ª à 12.ª Prestação. Source: Inspeção-Geral de Finanças
  • 2025€31.5kpaid from SECRETARIA REGIONAL DE EDUCAÇÃO, CIÊNCIA E TECNOLOGIA: Viagens - PRAD - Época 2025/2026 - 1.ª à 6.ª Prestação. Source: Inspeção-Geral de Finanças

Where Nacional has played

1216-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-271Primeira Liga
  2. 2025-261Primeira Liga
  3. 2024-251Primeira Liga
  4. 2023-242Liga Portugal 2, promoted
  5. 2022-232Liga Portugal 2
  6. 2021-222Liga Portugal 2
  7. 2020-211Primeira Liga, relegated
  8. 2019-202Liga Portugal 2, champions
  9. 2018-191Primeira Liga, relegated
  10. 2017-182Liga Portugal 2, champions
  11. 2016-171Primeira Liga, 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 accountsClube Desportivo Nacional - Futebol, SAD (CD Nacional'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.
Sources11

Also on Wikidata (Q216459).

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