First Portuguese Football Players Fund
Encyclopedia
First Portuguese Football Players Fund was a investment fund dedicated for football. Unlike Serie A
and Premier League, third-party ownership is allowed in Portugal. Clubs sold part of the economic rights of their current players to the fund for cash to re-invest on new signing. Clubs also partnered with the fund to sign new players. It was set up by First Portuguese SGPS S.A., (which in April 2004 acquired by Grupo Orey to become a major shareholder, via Football Players Funds Management (Cayman) Limited). and a year later became Orey Financial. The company also set up Football Fund PSV Management BV in 2006 (but never started business) and forest fund as well as other field.
The Porto section of the fund increased 37.82% in summer 2004, after Carvalho, Ferreira, Deco and Pedro Mendes were sold by F.C. Porto for a total €74M. While the Sporting section was minus 8.87% and Boavista minus 3% that year.
The fund closed in January 2008 after a new FIFA Regulation on the Status and Transfer of Players came in force on 1 January 2008, which the article 18bis wrote: "No club shall enter into a contract which enables any other party to that contract or any third party to acquire the ability to influence in employment and transfer-related matters its independence, its policies or the performance of its teams."
Serie A
Serie A , now called Serie A TIM due to sponsorship by Telecom Italia, is a professional league competition for football clubs located at the top of the Italian football league system and has been operating for over eighty years since 1929. It had been organized by Lega Calcio until 2010, but a new...
and Premier League, third-party ownership is allowed in Portugal. Clubs sold part of the economic rights of their current players to the fund for cash to re-invest on new signing. Clubs also partnered with the fund to sign new players. It was set up by First Portuguese SGPS S.A., (which in April 2004 acquired by Grupo Orey to become a major shareholder, via Football Players Funds Management (Cayman) Limited). and a year later became Orey Financial. The company also set up Football Fund PSV Management BV in 2006 (but never started business) and forest fund as well as other field.
The Porto section of the fund increased 37.82% in summer 2004, after Carvalho, Ferreira, Deco and Pedro Mendes were sold by F.C. Porto for a total €74M. While the Sporting section was minus 8.87% and Boavista minus 3% that year.
The fund closed in January 2008 after a new FIFA Regulation on the Status and Transfer of Players came in force on 1 January 2008, which the article 18bis wrote: "No club shall enter into a contract which enables any other party to that contract or any third party to acquire the ability to influence in employment and transfer-related matters its independence, its policies or the performance of its teams."
Porto Players
The follow transaction were known:Date | Name | Nationality | Percentage | Moving from | Moving to | Fee |
---|---|---|---|---|---|---|
Portugal | 16.67% | Porto | The Fund | €6.165M | ||
Guinea–Bissau | 16.67% | Porto | The Fund | |||
Portugal | 16.67% | Porto | The Fund | |||
Portugal | 16.67% | Porto | The Fund | |||
Portugal | 13.33% | Porto | The Fund | |||
Portugal | reported 12.5% | Porto | The Fund | |||
Portugal | reported 10% | Porto | The Fund | |||
Portugal | reported 16.67% | Porto | The Fund | |||
Portugal | reported 1.67% | Porto | The Fund | |||
Brazil | 10% | Porto | The Fund | |||
South Africa | 13.33% | Porto | The Fund | |||
Portugal | reported 10% | The Fund | Chelsea Chelsea F.C. Chelsea Football Club are an English football club based in West London. Founded in 1905, they play in the Premier League and have spent most of their history in the top tier of English football. Chelsea have been English champions four times, FA Cup winners six times and League Cup winners four... |
reported €2M | ||
Portugal | reported 1.67% | The Fund | Barcelona FC Barcelona Futbol Club Barcelona , also known as Barcelona and familiarly as Barça, is a professional football club, based in Barcelona, Catalonia, Spain.... |
reported €350,000 | ||
Portugal | reported 16.67% | The Fund | Tottenham Hotspur Tottenham Hotspur F.C. Tottenham Hotspur Football Club , commonly referred to as Spurs, is an English Premier League football club based in Tottenham, north London. The club's home stadium is White Hart Lane.... |
reported €0.5M | ||
Portugal | reported 12.5% | The Fund | Chelsea Chelsea F.C. Chelsea Football Club are an English football club based in West London. Founded in 1905, they play in the Premier League and have spent most of their history in the top tier of English football. Chelsea have been English champions four times, FA Cup winners six times and League Cup winners four... |
reported €3.75M | ||
Portugal | 9% | Porto | The Fund | €2.5M | ||
Brazil | 8.5% | Porto | The Fund | |||
Brazil | 2.5% | Porto | The Fund | |||
Portugal | 10% | Porto | The Fund | |||
Greece | 8% | Porto | The Fund | |||
Brazil | 2.5% | The Fund | Corinthians Sport Club Corinthians Paulista Sport Club Corinthians Paulista, commonly just known as Corinthians , is a Brazilian football club based in the city of São Paulo. They play in the São Paulo state league, as well as the Brasileirão, Brazil's top national league... |
Undisclosed | ||
Greece | 8% | The Fund | Dynamo Moscow FC Dynamo Moscow Dynamo Moscow is a Russian football club based in Moscow, currently playing in the Russian Premier League. Dynamo's traditional kit colours are blue and white... |
€0.8M | ||
Brazil | 8.5% | The Fund | Werder Bremen SV Werder Bremen SV Werder Bremen is a German sports club best known for its association football team playing in Bremen, in the northwest German federal state of the same name. The club was founded on 4 February 1899 as Fußballverein Werder by a group of sixteen vocational high school students who had won a prize... |
€0.51M | ||
Portugal | 16.67% | The Fund | Werder Bremen SV Werder Bremen SV Werder Bremen is a German sports club best known for its association football team playing in Bremen, in the northwest German federal state of the same name. The club was founded on 4 February 1899 as Fußballverein Werder by a group of sixteen vocational high school students who had won a prize... |
Undisclosed | ||
Portugal | 13.33% | The Fund | Wolfsburg VfL Wolfsburg VfL Wolfsburg is a professional German association football club based in Wolfsburg, Lower Saxony, who play in the Bundesliga football competition. Wolfsburg have won the Bundesliga once in their history, in the 2008–09 season, and were DFB-Pokal runners-up in 1995. The current head coach is Felix... |
Undisclosed | ||
South Africa | 13.33% | The Fund | Blackburn Blackburn Rovers F.C. Blackburn Rovers Football Club is an English professional association football club based in the town of Blackburn, Lancashire. The team currently competes in the Premier League, the top tier of English football.... |
Undisclosed | ||
ca. 2007 | Portugal | 10% | The Fund | Porto | Undisclosed | |
ca. 2007 | Brazil | 10% | The Fund | Porto | Undisclosed | |
Portugal | 9% | The Fund | Porto | €1.7M | ||
Portugal | 16.67% | The Fund | Porto | |||
Guinea–Bissau | 16.67% | The Fund | Porto | |||
Portugal | 16.67% | The Fund | Porto | |||
Sporting Players
Date | Name | Nationality | Percentage | Moving from | Moving to | Fee |
---|---|---|---|---|---|---|
Portugal | 25% | Sporting | The Fund | €1M | ||
Portugal | Undisclosed | Sporting | The Fund | €2.1M | ||
Portugal | Undisclosed | Sporting | The Fund | |||
Portugal | Undisclosed | Sporting | The Fund | |||
Portugal | Undisclosed | Sporting | The Fund | |||
Portugal | Undisclosed | Sporting | The Fund | |||
Portugal | 25% | The Fund | Newcastle Newcastle United F.C. Newcastle United Football Club is an English professional association football club based in Newcastle upon Tyne, Tyne and Wear. The club was founded in 1892 by the merger of Newcastle East End and Newcastle West End, and has played at its current home ground, St James' Park, since the merger... |
€3.06M | ||
Portugal | Undisclosed | Sporting | The Fund | €3.035M | ||
Portugal | Undisclosed | Sporting | The Fund | |||
Portugal | Undisclosed | Sporting | The Fund | |||
Portugal | Undisclosed | Sporting | The Fund | |||
Portugal | reported 35% | Sporting | The Fund | |||
Portugal | Undisclosed | Sporting | The Fund | |||
Romania | Undisclosed | Sporting | The Fund | |||
Portugal | 10% | Sporting | The Fund | €500,000 | ||
Portugal | 10% | Sporting | The Fund | |||
Mozambique | 10% | Sporting | The Fund | |||
Portugal | 10% | Sporting | The Fund | |||
Portugal | The Fund | Barcelona FC Barcelona Futbol Club Barcelona , also known as Barcelona and familiarly as Barça, is a professional football club, based in Barcelona, Catalonia, Spain.... |
Undisclosed | |||
Portugal | reported 35% | The Fund | Manchester United Manchester United F.C. Manchester United Football Club is an English professional football club, based in Old Trafford, Greater Manchester, that plays in the Premier League. Founded as Newton Heath LYR Football Club in 1878, the club changed its name to Manchester United in 1902 and moved to Old Trafford in 1910.The 1958... |
reported €5.25M | ||
ca. 2003 | Portugal | reported 18% | Sporting | The Fund | €1.653M | |
ca. 2003 | Portugal | reported 18% | Sporting | The Fund | ||
ca. 2003 | Mozambique | Sporting | The Fund | |||
ca. 2003 | Portugal | Sporting | The Fund | |||
ca. 2003 | Portugal | 26.5% | Sporting | The Fund | ||
ca. 2004 | Portugal | Undisclosed | The Fund | Marítimo | ||
Portugal | Undisclosed | The Fund | Dynamo Moscow FC Dynamo Moscow Dynamo Moscow is a Russian football club based in Moscow, currently playing in the Russian Premier League. Dynamo's traditional kit colours are blue and white... |
|||
ca. 2005 | Brazil | reported 20% | Sporting | The Fund | Undisclosed | |
Portugal | Undisclosed | The Fund | Bordeaux FC Girondins de Bordeaux Football Club des Girondins de Bordeaux is a French association football club based in the city of Bordeaux. The club currently play in Ligue 1, the first division of French football, and won its last Ligue 1 title in the 2008–09 season.... |
Undisclosed | ||
Mozambique | Undisclosed | The Fund | Mallorca RCD Mallorca Real Club Deportivo Mallorca is a Spanish football team based on Palma, Majorca, in the Balearic Islands. Founded on 5 March 1916, the team currently plays in the Spanish first division, holding home games at Son Moix.... |
Undisclosed | ||
Portugal | Undisclosed | The Fund | Reported Free agent | Free | ||
Romania | Undisclosed | The Fund | Reported Free agent | Free | ||
Portugal | Undisclosed | The Fund | Dynamo Moscow FC Dynamo Moscow Dynamo Moscow is a Russian football club based in Moscow, currently playing in the Russian Premier League. Dynamo's traditional kit colours are blue and white... |
Undisclosed | ||
Portugal | reported 28% | The Fund | Sporting | €2,474,603 | ||
Brazil | reported 20% | The Fund | Sporting | |||
Portugal | reported 10% | The Fund | Sporting | |||
Portugal | reported 26.5% | The Fund | Sporting | |||
Portugal | reported 28% | The Fund | Sporting | |||
Boavista Players
Date | Name | Nationality | Percentage | Moving from | Moving to | Fee |
---|---|---|---|---|---|---|
Brazil | Boavista | The Fund | ||||
Brazil | Boavista | The Fund | ||||
Cape Verde | Boavista | The Fund | ||||
Brazil | Boavista | The Fund | ||||
Brazil | Boavista | The Fund | ||||
Portugal | Boavista | The Fund | ||||
Portugal | Boavista | The Fund | ||||
Portugal | Boavista | The Fund | ||||