Findings · 3 of 14
Money · Portugal · 2023-24
Portugal’s big three account for 78% of recorded revenue
Benfica, Porto and Sporting CP earned €408.5m before player sales. The other 14 clubs in this sample earned €116.7m combined.
- Benfica€179.0m
- Porto€126.3m
- Sporting CP€103.2m
- Other 14 clubs€116.7m
How it’s counted & sources
Each club counts once, using its accounts for the season it played in the Primeira Liga. We select the latest statement for that season, preferring the team’s operator and the fullest filing, then check whether its revenue is comparable.
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.
The share is the three clubs’ combined revenue divided by the total for all qualifying clubs. No estimate is added for missing accounts.
- Vitória Sport Clube – Futebol, SAD – Relatório e Contas 2023/24 ↗
- Futebol Clube de Famalicão – Futebol, SAD – Relatório e Contas 2023/2024 ↗
- Futebol Clube de Arouca – Futebol, SDUQ, Lda – Relatório e Contas 2023/24 ↗
- Futebol Clube do Porto – Futebol, SAD – Relatório e Contas 2023/2024 (contas individuais) ↗
- Casa Pia Atlético Clube – Futebol, SDUQ, Lda – Relatório de Gestão e Contas 2023-2024 ↗
- Sporting Clube de Braga – Futebol, SAD – Relatório e Contas 2023/2024 ↗
- Relatório e contas 2024-25 ↗
- Gil Vicente Futebol Clube – Futebol, SDUQ, Lda – Relatório e Contas 30-06-2024 (contas anuais) ↗
- Rio Ave Futebol Clube – Futebol, SAD – Relatório e Contas 2023/2024 ↗
- Grupo Desportivo de Chaves – Futebol, SAD – Relatório e Contas 2023/2024 ↗
- Sporting Clube Farense – Algarve Futebol, SAD – Relatório e Contas 2023/2024 ↗
- Sporting Clube de Portugal – Futebol, SAD – Relatório e Contas 2023/2024 ↗
- Rio Ave Futebol Clube – Futebol, SAD – Relatório e Contas 2024/2025 ↗
- Portimonense Futebol SAD – Relatório e Contas 2023/2024 ↗
- Grupo Desportivo de Chaves – Futebol, SAD – Relatório e Contas 2024/2025 (publicação) ↗
- Moreirense Futebol Clube – Futebol, SAD – Relatório e Contas, época 2023-2024 ↗
- CFEA – Club Football Estrela, SAD – Relatório e Contas 2024/25 ↗
- Sport Lisboa e Benfica – Futebol, SAD – Relatório e Contas 2023/24 ↗
- FC Vizela – Futebol SAD – Relatório de Gestão e Contas 2023-24 ↗
- Estoril Praia – Futebol, SAD – Relatório e Contas 2023/2024 ↗
- Gil Vicente Futebol Clube – Futebol, SDUQ, Lda – Relatório e Contas 30-06-2025 ↗
All club figures and calculations
| Club and sources | Revenue before player sales | Share of sample | Calculation |
|---|---|---|---|
| Benfica | €179,044,000.00 | 34.1% | Reported revenue €179.0m; player-sale gains already excluded. Rendimentos e ganhos operacionais |
| Porto | €126,309,846.00 | 24.1% | Reported revenue €126.3m; player-sale gains already excluded. Prestações de serviços €124,760,388 and outros proveitos operacionais €1,549,458 |
| Sporting CP | €103,152,000.00 | 19.6% | Reported revenue €103.2m; player-sale gains already excluded. Rendimentos e ganhos operacionais sem transacções com jogadores: sales and services €85,773k and other income €17,379k |
| Braga | €17,893,156.00 | 3.4% | Reported revenue €17.9m; player-sale gains already excluded |
| Gil Vicente | €16,457,067.04 | 3.1% | Reported revenue €16.5m; player-sale gains already excluded |
| Vitória de Guimarães | €12,900,964.71 | 2.5% | Reported revenue €12.9m; player-sale gains already excluded |
| Casa Pia | €8,872,524.00 | 1.7% | Reported revenue €8.87m; player-sale gains already excluded |
| Estrela da Amadora | €8,866,804.27 | 1.7% | Reported revenue €8.87m; player-sale gains already excluded |
| Arouca | €7,540,909.14 | 1.4% | Reported revenue €7.54m; player-sale gains already excluded |
| Vizela | €7,243,383.00 | 1.4% | Reported revenue €7.24m; player-sale gains already excluded |
| Rio Ave | €5,824,431.71 | 1.1% | Reported revenue €5.82m; player-sale gains already excluded |
| Famalicão | €5,702,336.14 | 1.1% | Reported revenue €5.70m; player-sale gains already excluded |
| Estoril Praia | €5,507,286.00 | 1.0% | Reported revenue €5.51m; player-sale gains already excluded |
| Farense | €5,373,211.11 | 1.0% | Reported revenue €5.37m; player-sale gains already excluded |
| Chaves | €5,020,408.93 | 1.0% | Reported revenue €5.02m; player-sale gains already excluded |
| Portimonense | €4,978,041.05 | 0.9% | Reported revenue €4.98m; player-sale gains already excluded |
| Moreirense | €4,472,997.16 | 0.9% | Reported revenue €4.47m; player-sale gains already excluded |