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41°27′ N 8°18′ W

Vitória SC

Tier 1Primeira LigaGuimarães, Braga, PortugalOn the globe

Founded
22 September 1922
Ground
Estádio D. Afonso Henriques30,029 seats · opened 1965
Full name
Vitória Sport Clube
Website
vitoriasc.pt
Reserve side
Vitória SC B

Who owns Vitória SC

Vitória SC's football company is controlled by the club's members' association, Vitória Sport Clube (67.8%).

Members in control, investors hold a stake

From the pitch to the top

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

Fields the first teamVitória Sport Clube - Futebol, SADSAD (sports public limited company), Portugal, NIPC 510646638
  • 67.8%controls
    Vitória Sport ClubeMembers' association, PortugalFigure as of 16 October 2025High confidenceSources: Liga Portugal, Record
  • 29%minority
    V Sports S.C.S.Other, EnglandSince March 2023, figure as of 16 October 2025Agreed as 46% in February 2023, reduced to 29% for UEFA multi-club compliance (Lusa).High confidenceSources: Soccerway (Lusa), Wikipedia (en), Liga Portugal, Record, A Bola
    • 21.3%minority
      AtairosInvestment firm, United StatesSince April 2024, figure as of 16 October 2025Through A-AV, LLC (held by Atairos Group, Inc.)20% on entry (agreement December 2023, closed April 2024); the FPF disclosure of 16 Oct 2025 lists A-AV, LLC at 21.3% of V Sports. May have changed in July 2026, when Sawiris and Edens ceased to be registered controllers of the UK holding chain.Medium confidenceSources: SportsPro, Paperjam / Delano, Liga Portugal
    • Stake not knownminority
      Nassef SawirisPerson, BelgiumSince 7 July 2026, figure as of 7 July 2026Ceased as 25–50% PSC of NSWE UK Limited on 7 July 2026; current stake undisclosed (≤25% indirect).Medium confidenceSource: Companies House
      What the source says
      no registrable person or registrable relevant legal entity
    • Stake not knownminority
      Wes EdensPerson, United StatesSince 7 July 2026, figure as of 7 July 2026Ceased as 25–50% PSC of NSWE UK Limited on 7 July 2026; current stake undisclosed (≤25% indirect).Medium confidenceSource: Companies House
      What the source says
      no registrable person or registrable relevant legal entity

The club’s members’ association is Vitória Sport Clube (NIPC 501144013).

Part of a multi-club groupV Sports6 clubs

Changes of control

  1. March 2023

    V Sports S.C.S. bought a minority stake (29%).

    Agreed as 46% in February 2023 and reduced to 29% for UEFA's multi-club rules; V Sports has no seat on the SAD's board.

    High confidenceSources: Record, A Bola

  2. 12 April 2013

    Converted the club into a company.

    Vitória Sport Clube - Futebol, SAD (NIPC 510646638), the company that fields Vitória SC's first team in 2026-27, was incorporated on this date according to the registry data republished by racius; its founding club is Vitória Sport Clube. Its legal form may have changed since (several clubs' companies were created as SDUQs in 2013 and later became SADs).

    Medium confidenceSource: Racius

Vitória de Guimarães’s finances

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

Against its tier

Vitória de Guimarães's revenue of €22.6m is the 4th highest of the 17 Primeira Liga clubs with published accounts

In 2024-25 it spent €0.91 on staff for every €1 of revenue; the typical Primeira Liga club spent €0.94.

  • Vitória de Guimarães
  • 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. Vitória de Guimarães: Reported revenue €22.6m; player-sale gains already excluded. The scales are logarithmic.

Revenue€22.6m2024-25
Staff costs€20.5m2024-25
Net result€7.61m2024-25
Equity
−€24.0m
accounts, 2024-25

The accounts

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

2024-25Tier 1 · audited2023-24Tier 1 · audited2022-23Tier 1 · audited2021-22Tier 1 · audited2020-21Tier 1 · audited
Profit and loss
Revenue€22.6m€12.9m€13.2m€11.3m€10.3m
TV money€6.92m1€6.92m1€6.92m€6.92m2€7.00m3
League and federation distributions—€959k4€907k5€743k6€219k7
UEFA money€9.66m8————
Matchday€2.44m9€1.80m10€1.52m€1.28m11€786k12
Sponsorship€2.01m13€2.01m13€1.85m€1.53m14€875k15
Commercial€947k16€962k17€967k€753k18€620k19
Subsidies€48.5k€106k€283k€64.1k€59.5k
Other revenue€28.8m€8.87m€23.8m€12.1m€17.5m
Player sales€26.1m20€6.83m21—€9.70m22€16.7m23
Staff costs€20.5m€16.9m€15.6m€19.6m€20.7m
Players' wages€11.0m24€9.35m24€9.72m€12.8m25€13.9m26
Other operating costs€10.0m€7.63m€7.39m€5.82m€5.05m
Player amortisation€4.81m27€3.99m27€7.56m€7.11m28€6.16m29
Other depreciation€728k30€682k30€679k31€657k32€651k33
Operating result€13.1m−€10.9m€3.56m−€12.0m−€7.50m
Financial result−€5.00m34−€3.69m35−€1.73m36−€1.64m37−€685k38
Result before tax€8.11m−€14.6m€1.83m−€13.7m−€8.19m
Income tax€503k€88.4k€89k€74.8k€61.2k
Net result€7.61m−€14.7m€1.74m−€13.7m−€8.25m
Balance sheet
Total assets€45.4m€35.8m€36.5m€34.5m€57.8m
Non-current assets€21.7m39€18.2m€22.9m€25.5m€39.5m
Player registrations (book value)€10.4m40€8.68m41€13.2m€17.2m41€22.9m42
Property and equipment€4.48m€4.26m€4.31m€4.15m€4.14m
Current assets€23.8m43€17.6m€13.6m€9.00m€18.3m
Transfer fees receivable€17.2m44€13.1m45€9.45m46€6.40m47€20.3m48
Cash€2.75m€78.7k€138k€77.6k€3.96m
Equity−€24.0m−€31.2m−€16.5m−€17.6m−€3.84m
Share capital€4.50m€4.50m€4.50m€4.50m€4.50m
Liabilities€69.5m€67.0m€53.0m€52.1m€61.7m
Non-current liabilities€10.2m49€14.5m€23.2m€15.9m€34.5m
Current liabilities€59.2m50€52.5m€29.7m€36.2m€27.2m
Provisions€1.51m€1.51m€1.54m€1.62m€764k
Financial debt€34.6m51€34.0m52€23.8m53€18.9m54€20.8m55
Tax and social security debt€2.19m€2.26m€1.30m€1.16m€1.13m
Transfer fees payable€19.4m56€17.3m57€18.6m58€14.7m59€30.8m60
Cash flow
Cash from operations€882k−€6.36m€683k−€13.0m−€16.8m
Cash from investing€3.06m−€231k€20.3k€13.3m−€1.99m
Cash from financing−€1.28m€6.53m−€643k−€4.19m€18.8m
Net change in cash€2.67m−€59.7k€60.8k−€3.88m€34.5k
Transfers and people
Employees2296120062—1976321064
Notes on 64 figures, in the accounts’ own words
  1. TV money: Direitos televisivos (note 15)
  2. TV money: Direitos televisivos (note 16)
  3. TV money: Direitos televisivos (management report)
  4. League and federation distributions: Prémios competições nacionais e UEFA (note 15)
  5. League and federation distributions: Prémios competições nacionais e UEFA
  6. League and federation distributions: Prémios competições nacionais e UEFA (note 16)
  7. League and federation distributions: Prémios (management report)
  8. UEFA money: UEFA Conference League prize money (management report); the notes' 'Prémios competições nacionais e UEFA' total €9,720,482.37
  9. Matchday: Bilheteira/Quotização/Pack Sócio: tickets, members' fees and packs (note 15)
  10. Matchday: Bilheteira/Quotização/Pack Sócio (note 15)
  11. Matchday: Bilheteira/Quotização/Pack sócio (note 16)
  12. Matchday: Quotização e camarotes (management report)
  13. Sponsorship: Publicidade/Patrocínios (note 15)
  14. Sponsorship: Publicidade/patrocínios (note 16)
  15. Sponsorship: Patrocínios (management report)
  16. Commercial: Venda de mercadorias: merchandising (note 15)
  17. Commercial: Venda de mercadorias (note 15)
  18. Commercial: Venda de mercadorias (note 16)
  19. Commercial: Merchandising / venda de mercadorias
  20. Player sales: Mais-valias: net gain on disposals of players' registrations (gross sales €45,709,570; notes 7.1.2 and 19), booked in outros rendimentos
  21. Player sales: Mais-valias: net gain on disposals of players' registrations (gross sales €12,642,361.95; notes 7 and 19), booked in outros rendimentos
  22. Player sales: Mais-valias: net gain on disposals of players' registrations (sales of €13,570,000; notes 7.1.2 and 20), booked in outros rendimentos
  23. Player sales: Rendimentos e ganhos em investimentos: gains on disposals of players' registrations, with loan fees and compensation for earlier sales, net of book value (note 21.3.2)
  24. Players' wages: Remuneração jogadores (note 18)
  25. Players' wages: Remuneração jogadores (note 19)
  26. Players' wages: Remuneração jogadores (note 20)
  27. Player amortisation: Passes de jogadores (note 21)
  28. Player amortisation: Passes jogadores (note 22)
  29. Player amortisation: Passes de jogadores (note 7)
  30. Other depreciation: Ativos fixos tangíveis (note 21)
  31. Other depreciation: Ativos fixos tangíveis €647,072.61 and software €31,547.80 (note 21)
  32. Other depreciation: Ativos tangíveis €627,036.39 and software €29,785.42 (note 22)
  33. Other depreciation: tangible €592,177.11 (2021/2022 report's note 22) and software €59,000.90 (note 7)
  34. Financial result: Juros e rendimentos similares obtidos €3,702.31 less juros e gastos similares suportados €5,006,964.58
  35. Financial result: Juros obtidos €47,844.89 less juros suportados €3,741,936.06 (note 23)
  36. Financial result: note 23
  37. Financial result: Juros obtidos €2,915.92 less juros suportados €1,639,007.70 (note 24)
  38. Financial result: Juros e gastos similares suportados; no interest income
  39. Non-current assets: subtotal of the non-current assets section
  40. Player registrations (book value): Passes de jogadores, net book value (note 7); ativos intangíveis €10,469,937.65 in all
  41. Player registrations (book value): Passes de jogadores, net book value (note 7)
  42. Player registrations (book value): Valor plantel (note 7)
  43. Current assets: subtotal of the current assets section
  44. Transfer fees receivable: Clientes – operações com atletas/clubes: €6,702,925.39 non-current and €10,473,535.50 current (note 11.3)
  45. Transfer fees receivable: Clientes – operações com atletas: €5,192,500.00 non-current and €7,927,954.68 current (note 11.3)
  46. Transfer fees receivable: €5,329,679.50 non-current and €4,116,636.03 current
  47. Transfer fees receivable: Clientes – operações com atletas: €4,000,000.00 non-current and €2,403,997.36 current (note 12.1)
  48. Transfer fees receivable: Clientes – operações com atletas: €12,300,000.00 non-current and €8,019,877.50 current (2021/2022 report's note 12.1)
  49. Non-current liabilities: subtotal of the non-current liabilities section
  50. Current liabilities: subtotal of the current liabilities section
  51. Financial debt: Financiamentos obtidos: €2,879,539.16 non-current and €31,704,948.32 current, including factoring and the Apollo loan secured on TV income (note 11.5)
  52. Financial debt: Financiamentos obtidos: €11,365,254.81 non-current and €22,598,812.91 current
  53. Financial debt: €18,544,607.53 non-current and €5,218,331.82 current
  54. Financial debt: Financiamentos obtidos: €13,029,676.34 non-current and €5,916,786.92 current
  55. Financial debt: Financiamentos obtidos: €17,011,316.95 non-current (bank loans €16,631,521.16, the club €379,795.79) and €3,742,815.14 current
  56. Transfer fees payable: Fornecedores de investimento – operações com atletas (clubs and intermediaries): €5,844,881.26 non-current and €13,534,791.14 current; a further €6,564,626.60 accrued (note 11.7)
  57. Transfer fees payable: Fornecedores de investimento – operações com atletas: €1,652,135.83 non-current and €15,674,634.09 current; a further €2,538,780.14 accrued (note 11.7)
  58. Transfer fees payable: €3,127,901.36 non-current and €15,445,058.71 current
  59. Transfer fees payable: Fornecedores de investimento – operações com atletas: €2,374,746.09 non-current and €12,346,853.55 current; a further €3,090,653.66 accrued (note 12)
  60. Transfer fees payable: Outras contas a pagar – operações com atletas: €16,516,860.58 non-current and €14,317,060.44 current
  61. Employees: average, of whom 82 players (note 18.1)
  62. Employees: average (note 18.1)
  63. Employees: average, of whom 91 players (note 19.1)
  64. Employees: average, of whom 110 players

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

Where Vitória de Guimarães has played

116-1718-1920-2122-2324-2526-27
Season by season
  1. 2026-271Primeira Liga
  2. 2025-261Primeira Liga
  3. 2024-251Primeira Liga
  4. 2023-241Primeira Liga
  5. 2022-231Primeira Liga
  6. 2021-221Primeira Liga
  7. 2020-211Primeira Liga
  8. 2019-201Primeira Liga
  9. 2018-191Primeira Liga
  10. 2017-181Primeira Liga
  11. 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 accountsVitória Sport Clube - Futebol, SAD (Vitória SC'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.
Sources20

Also on Wikidata (Q223450).

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