Brief: FC Porto Expects To Achieve Positive Results On Dec. 31

Futebol Clube do Porto Futebol SAD

05/12/2023 06:36

Dec 5 (Reuters) - Futebol Clube do Porto Futebol SAD
 FCPP.LS :
    * SAID ON MONDAY EXPECTS TO ACHIEVE FRANKLY POSITIVE RESULTS
ON
DEC 31 
    * SEES TO SUBSTANTIALLY IMPROVE CO'S OWN CAPITALS, ALTHOUGH
IT
CANNOT GUARANTEE THAT IT WILL ALREADY BE POSITIVE ON DEC 31
    * IS IN NEGOTIATIONS WITH A REPUTABLE INTERNATIONAL COMPANY
WITH
RECOGNISED EXPERIENCE IN OPTIMISING COMMERCIAL REVENUE FROM
LARGE SPORTS FACILITIES, WITH A VIEW TO SIGNING A PARTNERSHIP
CONTRACT WITH THIS OBJECTIVE
    * WHILE STILL BEING NEGOTIATED, IT WILL TAKE THE FORM OF A
MINORITY STAKE IN ONE OF COMPANIES WITH FC PORTO GROUP'S
COMMERCIAL RIGHTS AND AN INITIAL INVESTMENT TO MODERNISE ESTADIO
DO DRAGAO AND THUS BOOST RELATED REVENUES

        
 Source text: https://tinyurl.com/3x9xcxy6
 Further company coverage:  FCPP.LS  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))