First Portuguese Football Players Fund

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First Portuguese Football Players Fund was an 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 was acquired by Grupo Orey to become a major shareholder, via Football Players Funds Management (Cayman) Limited).[1] and a year later became Orey Financial.[2] 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 FC Porto section of the fund increased 37.82% in summer 2004, after Ricardo Carvalho, Paulo Ferreira, Deco and Pedro Mendes were sold by Porto for a total €74 million;[3] the Sporting CP and Boavista sections that year, meanwhile, were minus 8.87% and minus 3% respectively.

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."[4]

Porto players[edit]

The follow transaction were known:

Date Name Nationality Percentage Moving from Moving to Fee
7 Jan 2004 Paulo Machado Portugal 16.67%[3] Porto The Fund €6.165M[5]
7 Jan 2004 Ivanildo Guinea–Bissau 16.67%[3] Porto The Fund
7 Jan 2004 Vieirinha Portugal 16.67%[3] Porto The Fund
7 Jan 2004 Hugo Almeida Portugal 16.67%[3] Porto The Fund
7 Jan 2004 Ricardo Costa Portugal 13.33%[3] Porto The Fund
7 Jan 2004 Ricardo Carvalho Portugal reported 12.5% Porto The Fund
7 Jan 2004 Paulo Ferreira Portugal reported 10% Porto The Fund
7 Jan 2004 Pedro Mendes Portugal reported 16.67% Porto The Fund
7 Jan 2004 Deco Portugal reported 1.67% Porto The Fund
7 Jan 2004 Bruno Moraes Brazil 10%[3] Porto The Fund
7 Jan 2004 Benni McCarthy South Africa 13.33%[3] Porto The Fund
22 Jun 2004 Paulo Ferreira Portugal reported 10% The Fund England Chelsea reported €2M[6]
6 Jul 2004 Deco Portugal reported 1.67% The Fund Spain Barcelona reported €350,000[7]
9 Jul 2004 Pedro Mendes Portugal reported 16.67% The Fund England Tottenham Hotspur reported €500,000[8]
27 Jul 2004 Ricardo Carvalho Portugal reported 12.5% The Fund England Chelsea reported €3.75M[9]
29 Sep 2004 Ricardo Quaresma Portugal 9%[3] Porto The Fund €2.5M[10]
29 Sep 2004 Diego Brazil 8.5%[3] Porto The Fund
29 Sep 2004 Carlos Alberto Brazil 2.5%[3] Porto The Fund
29 Sep 2004 Pepe Portugal 10%[3] Porto The Fund
29 Sep 2004 Giourkas Seitaridis Greece 8%[3] Porto The Fund
17 Jan 2005 Carlos Alberto Brazil 2.5% The Fund Brazil Corinthians Undisclosed
23 May 2005 Giourkas Seitaridis Greece 8% The Fund Russia Dynamo Moscow €800,000[11]
29 May 2006 Diego Brazil 8.5% The Fund Germany Werder Bremen €510,000[12]
21 May 2007 Hugo Almeida Portugal 16.67% The Fund Germany Werder Bremen Undisclosed
2 Jul 2007 Ricardo Costa Portugal 13.33% The Fund Germany VfL Wolfsburg Undisclosed[13]
28 Jul 2007 Benni McCarthy South Africa 13.33% The Fund England Blackburn Rovers Undisclosed[14]
ca. 2007 Pepe Portugal 10% The Fund Porto Undisclosed
ca. 2007 Bruno Moraes Brazil 10% The Fund Porto Undisclosed
22 Jan 2008 Ricardo Quaresma Portugal 9% The Fund Porto €1.7M[15]
22 Jan 2008 Paulo Machado Portugal 16.67% The Fund Porto
22 Jan 2008 Ivanildo Guinea–Bissau 16.67% The Fund Porto
22 Jan 2008 Vieirinha Portugal 16.67% The Fund Porto

Sporting CP players[edit]

Date Name Nationality Percentage Moving from Moving to Fee
31 Jan 2002 Hugo Viana Portugal 25% Sporting CP The Fund €1M
31 Jan 2002 Ricardo Quaresma Portugal Undisclosed Sporting CP The Fund €2.1M
31 Jan 2002 Beto Portugal Undisclosed Sporting CP The Fund
31 Jan 2002 Luís Filipe Portugal Undisclosed Sporting CP The Fund
31 Jan 2002 Custódio Portugal Undisclosed Sporting CP The Fund
31 Jan 2002 Cristiano Ronaldo Portugal Undisclosed Sporting CP The Fund
20 Jun 2002 Hugo Viana Portugal 25% The Fund England Newcastle United €3.06M[16]
Ricardo Quaresma Portugal Undisclosed Sporting CP The Fund €3.035M
Beto Portugal Undisclosed Sporting CP The Fund
Luís Filipe Portugal Undisclosed Sporting CP The Fund
Custódio Portugal Undisclosed Sporting CP The Fund
Cristiano Ronaldo Portugal reported 35% Sporting CP The Fund
Danny Portugal Undisclosed Sporting CP The Fund
Marius Niculae Romania Undisclosed Sporting CP The Fund
Apr 2003 Yannick Djaló Portugal 10% Sporting CP The Fund €500,000[17]
Apr 2003 Paulo Sérgio Portugal 10% Sporting CP The Fund
Apr 2003 Paíto Mozambique 10% Sporting CP The Fund
Apr 2003 Valdir Portugal 10% Sporting CP The Fund
18 Jul 2003 Ricardo Quaresma Portugal The Fund Spain Barcelona Undisclosed
12 Aug 2003 Cristiano Ronaldo Portugal reported 35% The Fund England Manchester United reported €5.25M[18]
ca. 2003 Yannick Djaló Portugal reported 18% Sporting CP The Fund €1.653M[17]
ca. 2003 Paulo Sérgio Portugal reported 18% Sporting CP The Fund
ca. 2003 Paíto Mozambique Sporting CP The Fund
ca. 2003 Valdir Portugal Sporting CP The Fund
ca. 2003 Carlos Saleiro Portugal 26.5% Sporting CP The Fund
ca. 2004 Luís Filipe Portugal Undisclosed The Fund Marítimo
7 Jan 2005 Danny Portugal Undisclosed The Fund Russia Dynamo Moscow [19]
ca. 2005 Marcelo Labarthe Brazil reported 20% Sporting CP The Fund Undisclosed
23 Jan 2006 Beto Portugal Undisclosed The Fund France Bordeaux Undisclosed
2 Jun 2006 Paíto Mozambique Undisclosed The Fund Spain Mallorca Undisclosed[20]
1 Jul 2006 Valdir Portugal Undisclosed The Fund Reported Free agent Free
1 Jul 2006 Marius Niculae Romania Undisclosed The Fund Reported Free agent Free
9 Jun 2007 Custódio Portugal Undisclosed The Fund Russia Dynamo Moscow Undisclosed
15 Oct 2007 Yannick Djaló Portugal reported 28% The Fund Sporting CP €2,474,603[21][22]
15 Oct 2007 Marcelo Labarthe Brazil reported 20% The Fund Sporting CP
15 Oct 2007 João Moutinho Portugal reported 10% The Fund Sporting CP
15 Oct 2007 Carlos Saleiro Portugal reported 26.5% The Fund Sporting CP
15 Oct 2007 Paulo Sérgio Portugal reported 28% The Fund Sporting CP

Boavista players[edit]

Date Name Nationality Percentage Moving from Moving to Fee
Luiz Cláudio Brazil Boavista The Fund
Éder Gaúcho Brazil Boavista The Fund
Cafu Cape Verde Boavista The Fund
Jocivalter Brazil Boavista The Fund
Yuri Brazil Boavista The Fund
Helder Calviño Portugal Boavista The Fund
Vítor Borges Portugal Boavista The Fund
João Paulo Portugal Boavista The Fund

References[edit]

  1. ^ "Sociedade Comercial Orey Antunes, SA announces the acquisition of shares of First Portuguese, SGPS, SA" (PDF). Sociedade Comercial Orey Antunes S.A. (in Portuguese). Published by Portuguese Securities Market Commission. 20 April 2004. Retrieved 9 November 2010.
  2. ^ "First Portuguese muda para Orey Financial e alarga actividade para gestão de fundos". Grupo Orey (in Portuguese). 4 July 2005. Retrieved 9 November 2010.
  3. ^ a b c d e f g h i j k l m "First Portuguese Football Players Fund - Porto valoriza 37,82%" (PDF). Grupo Orey (in Portuguese). 5 October 2004. Retrieved 9 November 2010.
  4. ^ "FIFA Regulation on the Status and Transfer of Players (2008 edition)" (PDF). FIFA. October 2007. Archived from the original (PDF) on February 15, 2010. Retrieved 9 November 2010.
  5. ^ "Futebol Clube do Porto - Futebol, SAD announces joint venture with First Portuguese Football Players Fund, S.A." (PDF). FC Porto (in Portuguese). 7 January 2004. Retrieved 9 November 2010.
  6. ^ "Futebol Clube do Porto - Futebol, SAD announces the transfer of Paulo Ferreira to Chelsea" (PDF). FC Porto (in Portuguese). 22 June 2004. Archived from the original (PDF) on 5 December 2010. Retrieved 9 November 2010.
  7. ^ "Futebol Clube do Porto - Futebol, SAD announces agreement with FC Barcelona over the transfer of Deco" (PDF). FC Porto (in Portuguese). 6 July 2004. Archived from the original (PDF) on 5 December 2010. Retrieved 9 November 2010.
  8. ^ "Futebol Clube do Porto - Futebol, SAD announces acquisition of the sporting rights of Hélder Postiga" (PDF). FC Porto (in Portuguese). 9 July 2004. Retrieved 9 November 2010.
  9. ^ "Futebol Clube do Porto - Futebol, SAD announces the transfer of Ricardo Carvalho" (PDF). FC Porto (in Portuguese). 27 July 2004. Archived from the original (PDF) on 5 December 2010. Retrieved 9 November 2010.
  10. ^ "Futebol Clube do Porto - Futebol, SAD, announces the portfolio renewal with FP Football Players Fund" (PDF). FC Porto (in Portuguese). 29 September 2004. Retrieved 9 November 2010.
  11. ^ "Futebol Clube do Porto - Futebol, SAD announces transfer of player Seitaridis" (PDF). FC Porto (in Portuguese). 23 May 2005. Archived from the original (PDF) on 5 December 2010. Retrieved 9 November 2010.
  12. ^ "Futebol Clube do Porto - Futebol SAD announces the transfer of player Diego" (PDF). FC Porto (in Portuguese). 29 May 2006. Retrieved 9 November 2010.
  13. ^ "Ricardo Costa to bolster Wolfsburg defence". VfL Wolfsburg. 2 July 2007. Retrieved 9 November 2010.
  14. ^ "BENNI SIGNS!". Blackburn Rovers FC. 28 July 2007. Retrieved 9 November 2010.
  15. ^ "Futebol Clube do Porto - Futebol, SAD announces agreement to terminate contract with First Portuguese Football Players Fund, SA" (PDF). FC Porto (in Portuguese). 22 January 2008. Retrieved 9 November 2010.
  16. ^ "Sporting - Sociedade Desportiva de Futebol, SAD announces that sporting rights have been ceded" (PDF). Sporting CP (in Portuguese). Portuguese Securities Market Commission. 20 June 2002. Retrieved 9 November 2010.
  17. ^ a b "Sporting - Sociedade Desportiva de Futebol, SAD - Performance of 2002/2003 (under the terms of Reg. CMVM nº13/2002)" (PDF). Sporting CP (in Portuguese). Portuguese Securities Market Commission. 2 December 2002. Retrieved 9 November 2010.
  18. ^ "Sporting - Sociedade Desportiva de Futebol, SAD, announces sale of the sporting rights of the player informa Cristiano Ronaldo" (PDF). Sporting CP (in Portuguese). Portuguese Securities Market Commission. 12 August 2003. Archived from the original (PDF) on 3 March 2016. Retrieved 9 November 2010.
  19. ^ "Dinamo deal for Danny". UEFA.com. 7 January 2005. Retrieved 10 November 2010.
  20. ^ ""Paíto" pasa el reconocimiento médico con el Mallorca". AS (in Spanish). 2 June 2006. Retrieved 9 November 2010.
  21. ^ paid via 1,237,301.5 B share of Sporting Sociedade Desportiva de Futebol, SAD, valued €2 per share
  22. ^ "Sporting - Sociedade Desportiva de Futebol SAD makes an announcement" (PDF). Sporting CP (in Portuguese). Published by Portuguese Securities Market Commission. 15 October 2007. Retrieved 9 November 2010.

See also[edit]