Portimonense SC
Tier 2Liga Portugal 2Portimão, Faro, PortugalOn the globe
- Founded
- 1914
- Ground
- Estádio Municipal de Portimão4,961 seats · opened 1937
- Full name
- Portimonense Sporting Clube
- Website
- portimonense.pt
- Reserve side
- Portimonense SC B
Who owns Portimonense SC
Portimonense SC is controlled by For Gool Company, Ltd, which holds 85.9%.
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.
- 85.9%controlsFor Gool Company, LtdFigure as of 16 October 2025Chain as disclosed: 100% detida por pessoas singulares.High confidenceSource: Liga Portugal
- Stake not knownunclearTheodoro FonsecaFigure as of October 2026CNN Portugal describes Theodoro Fonseca as the majority shareholder of Portimonense's SAD; the disclosures give the SAD's majority holder as For Gool Company, Ltd, held by natural persons (50/50 in the FPF's 2024/25 edition), without naming them.Low confidenceSources: Liga Portugal, Federação Portuguesa de Futebol, CNN Portugal
- 10%minority
The club’s members’ association is Portimonense Sporting Clube (NIPC 501174559).
Changes of control
- 30 July 2024
Zhang Jindong took control, announced.
Price reported as €80m (Reported price including the sporting rights, infrastructure rights and the Autódromo do Algarve training complex; not disclosed by the parties.).
Reported by Record from a source in the SAD as in an advanced stage. Not completed by October 2025: Liga Portugal's disclosure of 16 Oct 2025 still lists For Gool Company, Ltd with 85.88%.
- Paid for the shares€80.0mreported
Medium confidenceSources: Liga Portugal, Record
What the source says
o chinês Zhang Jindong, fundador do Suning Holdings Group, assumirá o comando da entidade em 2025, a troco de 80 milhões de euros
- 31 May 2013
Converted the club into a company.
Portimonense Futebol, SAD (NIPC 510619541), the company that fields Portimonense SC's first team in 2026-27, was incorporated on this date according to the registry data republished by racius; its founding club is Portimonense Sporting Clube. Its legal form may have changed since (several clubs' companies were created as SDUQs in 2013 and later became SADs).
Medium confidenceSource: Racius
Portimonense’s finances
From its published accounts and league records. Figures compare only with clubs at the tier it played that season.
Against its tier
Portimonense's revenue of €1.10m is the 8th highest of the 14 Liga Portugal 2 clubs with published accounts
In 2024-25 it spent €5.75 on staff for every €1 of revenue; the typical Liga Portugal 2 club spent €3.45.
- Portimonense
- Other Liga Portugal 2 clubs
- Equity
- €1.81m
- accounts, 2024-25
- Public money
- €986k
- paid, 2025, 2 records
The accounts
Portimonense - Futebol, SAD, the entity that fields the team · 2020-21 to 2024-25
| Line | 2024-25Tier 2 · audited | 2023-24Tier 1 | 2022-23Tier 1 | 2021-22Tier 1 | 2020-21Tier 1 |
|---|---|---|---|---|---|
| Profit and loss | |||||
| Revenue | €1.10m | €4.98m | €4.46m | €4.44m | €4.48m |
| TV money | €450k1 | €3.60m1 | €3.60m1 | €3.60m1 | €3.76m1 |
| Matchday | €70.1k2 | €236k2 | €249k2 | €146k2 | €03 |
| Sponsorship | €498k4 | €1.10m4 | €594k4 | €642k4 | €687k4 |
| Commercial | €78.8k5 | €29.7k5 | €17.6k5 | €52.1k5 | €33.9k5 |
| Subsidies | — | €421 | €6,211 | €1,783 | — |
| Other revenue | €8.47m | €4.73m | €9.51m | €17.5m | €17.2m |
| Player sales | €6.92m6 | €2.78m6 | €7.10m7 | €15.6m8 | €15.5m9 |
| Staff costs | €6.30m | €7.42m | €7.42m | €8.54m | €7.85m |
| Other operating costs | €3.88m | €4.98m | €4.42m | €6.11m | €5.14m |
| Player amortisation | €834k10 | €940k10 | €1.17m10 | €947k10 | €2.47m10 |
| Other depreciation | €1.38m11 | €1.34m11 | €1.17m11 | — | €885k11 |
| Operating result | −€4.01m12 | −€6.48m | −€1.40m | €4.74m | €2.64m |
| Financial result | −€367k13 | −€4,92813 | −€13k13 | −€3,15313 | −€3,276 |
| Result before tax | −€4.38m | −€6.48m | −€1.41m | €4.74m | €2.64m |
| Income tax | €329k | €260k | €188k | €335k | €393k |
| Net result | −€4.71m | −€6.74m | −€1.60m | €4.40m | €2.25m |
| Balance sheet | |||||
| Total assets | €15.7m | €17.2m14 | €21.3m | €23.4m | €20.9m |
| Non-current assets | €6.26m | €7.22m | €8.74m | €7.92m | €8.02m |
| Player registrations (book value) | €1.40m15 | €1.55m15 | €2.44m16 | €2.56m15 | €2.69m |
| Property and equipment | €4.85m | €5.67m | €6.28m | €5.35m | €5.33m |
| Current assets | €9.44m17 | €9.96m | €12.6m | €15.5m | €12.9m |
| Cash | €157k18 | €246k | €390k | €4.15m | €500k |
| Equity | €1.81m | −€1.46m | €5.62m | €7.21m | €2.81m |
| Share capital | €10.0m | €5.00m | €5.00m | €5.00m | €5.00m |
| Liabilities | €13.9m19 | €18.7m | €15.7m20 | €16.2m | €18.1m |
| Non-current liabilities | €3.67m | €7.65m | €4.89m | €2.72m | €5.15m |
| Current liabilities | €10.2m | €11.0m | €10.8m | €13.4m | €12.9m |
| Financial debt | €4.55m21 | €8.20m22 | €5.33m23 | €5.00m24 | €6.85m25 |
| Tax and social security debt | €673k | €599k | €277k | €541k | €1.63m |
| Cash flow | |||||
| Cash from operations | −€9.43m26 | −€3.99m | −€8.44m | −€7.83m | −€15.4m |
| Cash from investing | €5.37m27 | €1.61m28 | €4.70m29 | €13.5m30 | €14.2m31 |
| Cash from financing | €3.97m32 | €2.24m33 | −€24.6k | −€1.99m | €589k |
| Net change in cash | −€88.8k | −€144k | −€3.76m | €3.65m | −€568k |
| Money from owners | |||||
| Capital increase | €5.00m34 | — | — | — | — |
Notes on 34 figures, in the accounts’ own words
- TV money: Direitos televisivos (management report)
- Matchday: Bilheteira (management report)
- Matchday: Bilheteira (management report): matches behind closed doors
- Sponsorship: Publicidade e patrocínios (management report)
- Commercial: Merchandising (management report)
- Player sales: Rendimentos (transações passes), gross, booked in outros rendimentos e ganhos (management report)
- Player sales: Rendimentos (transações passes), gross, booked in outros rendimentos; net of the plantel's amortisation the management report gives a gain of €5,932,183
- Player sales: Rendimentos (transações passes), gross, booked in outros rendimentos (management report); net gain on the plantel €14,605,166
- Player sales: Rendimentos (transações passes), gross (management report); net gain on the plantel €13,029,259
- Player amortisation: Amortizações do plantel (management report)
- Other depreciation: Depreciações e amortizações excluding the plantel (management report)
- Operating result: Result before depreciation (−€1,799,673.61) less depreciation (€2,210,126.09); the OCR garbles the printed figure
- Financial result: Juros e gastos similares suportados
- Total assets: Sum of the asset lines (box illegible); equals equity plus liabilities and the 2024/25 report's comparative
- Player registrations (book value): Ativos intangíveis, mainly the plantel
- Player registrations (book value): Ativos intangíveis, mainly the plantel (management report)
- Current assets: Balance-sheet figure (the management report gives €9,434,220)
- Cash: Cash-flow statement's closing cash; the balance sheet's scan reads …410,81
- Liabilities: Total assets less equity; the box reads '…320,25' in the scan
- Liabilities: Sum of the liability lines; the total's box reads '…738,76' in the scan
- Financial debt: Financiamentos obtidos: €3,672,344.50 non-current and €879,910.17 current
- Financial debt: Financiamentos obtidos: €7,654,809.56 non-current and €540,543.24 current
- Financial debt: Financiamentos obtidos: €4,892,722.02 non-current and €441,653.78 current
- Financial debt: Financiamentos obtidos: €2,723,246.81 non-current and €2,279,769.06 current
- Financial debt: Financiamentos obtidos: €5,151,578.65 non-current and €1,702,510.86 current
- Cash from operations: The printed subtotal's first digit is illegible; fixed by its components and the net change
- Cash from investing: Incl. €7,458,405 received for players' registrations
- Cash from investing: Incl. €2,890,728 received for players' registrations
- Cash from investing: Incl. €7,100,000 received for players' registrations; the subtotal's digits are partly illegible and it is fixed by the printed net change
- Cash from investing: Incl. €16,525,058.29 received for players' registrations
- Cash from investing: Incl. €10.5m received for players' registrations and €5.0m for other assets
- Cash from financing: Capital €5,000,000 and loans received, less repayments and interest
- Cash from financing: Loans received €3,666,057.22, less repayments and interest
- Capital increase: Realizações de capital (cash-flow statement): share capital doubled to €10,000,000 in June 2025
2024-25: Source: Portimonense - Futebol, SAD2023-24: Source: Portimonense - Futebol, SAD2022-23: Source: Portimonense - Futebol, SAD2021-22: Source: Portimonense - Futebol, SAD2020-21: Source: Portimonense - Futebol, SAD
League figures, wage bills, budgets and public money 11 records
| Public money, season or year | Total | Records |
|---|---|---|
| 2025 | €986kpaid | 2 |
| 2024 | €716kpaid | 2 |
| 2023 | €410kpaid | 2 |
| 2022 | €324kpaid | 1 |
| 2021 | €255kpaid | 4 |
- 2025€876kpaid from MUNICÍPIO DE PORTIMÃO: Apoio no âmbito da participação da equipa senior de futsal na taça de Portugal.Del 277/25, de 16/04/2025, valor atribuido e valor pago 414.900€, apoio a projetos e atividades regulares e pontuais.Del 437/25, de 18/06/2025, valor atribuido e valor pago 19.512€, apoio fase final taça Nacional sub 14 femininas e fase final do campeonato nacional sub 16 masculinos 2025. Del 728/25, de 03/09/2025, valo. Source: Inspeção-Geral de Finanças
- 2025€110kpaid from MUNICÍPIO DE PORTIMÃO: Apoio no melhoramento das infraestruturas e apoio na aquisição de uma carrinha.. Source: Inspeção-Geral de Finanças
- 2024€701kpaid from MUNICÍPIO DE PORTIMÃO: Apoio à aprticipação da equipa senior futsal no campeonato nacional da 2ª Divisão e da equipa senior basquetebol na liga Betclic 2023/2024. Del 274/24, de 17/04/2024, valor atribuído e valor pago 270.460€, apoio a projetos e atividades pontuais e regulares; apoio humano, técnico e logístico às atividades desenvolvidas pelo clube. Del 617/24, de 21/08/2024, valor atribuído 492.000€, valor pago 246.. Source: Inspeção-Geral de Finanças
- 2024€14.7kpaid from MUNICÍPIO DE PORTIMÃO: Apoio para o centro de formação Major David Neto na instalação dos sistema de rega, na colocação de uma bancada amovível, na colocação de telhado no ginásio.. Source: Inspeção-Geral de Finanças
- 2023€375kpaid from MUNICÍPIO DE PORTIMÃO: Apoio a aptividades regulares e pontuais.Del 131/23, de 08/03/2023, contrato programa de patrocínio, valor atribuido e valor pago 6.300€, no âmbito da participação da equipa senior de futsal na liga placard e da equipa senior basquetebol na proliga. Del 171/23, de 22/03/2023, contrato programa, valor atribuido e valor pago 12.000€, no âmbito U12 Portimão Internacional CUP2023.Del 273/23, de 19/04/. Source: Inspeção-Geral de Finanças
- 2023€35kpaid from MUNICÍPIO DE PORTIMÃO: Apoio na requalificação eletrica no campo Major David Neto, nomeadamente aumento da potência e mudança para iluminação LED. Del 273/23, de 19/04/2023, contrato programa, valor atribuido e valor pago 30.000€, para apoio na iluminação LED no novo campo de futebol 11, apoio na colocação de vedação, portões e redes de para-bolas em redor dos campos. Source: Inspeção-Geral de Finanças
- 2022€324kpaid from MUNICÍPIO DE PORTIMÃO: Apoio a atividades e projetos regulares e pontuais, valor pago 8.000€; Del 288/22, de 20/04/2022, contrato programa de investimento, valor atribuído 40.700€, valor pago 32.560€, apoio na aquisição de modulos pré-fabricados, para apoio as atividades desportivas no campo Major David Neto e apoio para aquisição de módulos pré-fabricados para ginásio, posto médico, escritório, com instalações sanitári. Source: Inspeção-Geral de Finanças
- 2021€219kpaid from Município de Portimão: Fornecimento e instalação de campo de futebol sintético. NIPG 22110/20, apoio humano, técnico e logístico, valor atribuído 30.000€, valor pago 6.000€, Del 496/20. NIPG 41613/20, requalificação de instalação elétrica, valor atribuído 25.000€, valor pago 20.000€, Del 523/21. NIPG 41613/20, apoio humano, técnico e logístico, valor atribuído 40.000€, valor pago 32.000€, Del 523/21. NIPG 38228/20, COVI. Source: Inspeção-Geral de Finanças
Where Portimonense has played
Season by season
- 2026-272Liga Portugal 2
- 2025-262Liga Portugal 2
- 2024-252Liga Portugal 2
- 2023-241Primeira Liga, relegated
- 2022-231Primeira Liga
- 2021-221Primeira Liga
- 2020-211Primeira Liga
- 2019-201Primeira Liga
- 2018-191Primeira Liga
- 2017-181Primeira Liga
- 2016-172Liga Portugal 2, champions
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 accountsPortimonense - Futebol, SAD (Portimonense SC'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.
Sources14
- Portimonense Sporting Clube – Racius Racius, Database. Checked 4 October 2026.
- Portimonense Futebol, SAD – Racius Racius, Database. Checked 4 October 2026.
- Transparência – Informação comunicada 2024/2025 (art. 8.º, n.º 1 do Decreto-Lei n.º 248-B/2008) Federação Portuguesa de Futebol, Federation, November 2025. Checked 4 October 2026.
- Centro de Resultados – Liga Portugal Meu Super 2026-2027 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: Portimonense - Futebol, SAD Liga Portugal, League. Checked 4 October 2026.
- Quem é Theodoro Fonseca, o empresário alvo das buscas? CNN Portugal, News. Checked 4 October 2026.
- Chinês Zhang Jindong vai assumir comando da SAD do Portimonense Record, News, 30 July 2024. 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.
- Portimonense S.C. 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 (Q621120).
