Brief: Sporting Acquires Additional Economic Rights Of Players Manuel Ugarte And Pedro Goncalves

Sporting Clube De Portugal Futebol SAD

29/06/2023 06:21

June 29 (Reuters) - Sporting Clube de Portugal Futebol
SAD  SPSO.LS :
    * SAID ON WEDNESDAY ACQUIRES ADDITIONAL 10% OF ECONOMIC
RIGHTS
FROM FAMALICAO SAD OF PLAYER MANUEL UGARTE RIBEIRO FOR 2 MILLION
EUROS
    * SPORTING SAD NOW HOLDS 80% OF ECONOMIC RIGHTS OF PLAYER
    * ACQUIRES ADDITIONAL 40% OF ECONOMIC RIGHTS OF PLAYER PEDRO
GONCALVES FROM FAMALICAO SAD FOR 7 MILLION EUROS, PLUS 700,000
EUROS OF FINANCING COSTS RESULTING FROM EXTENSION OF PAYMENT
TERM
    * SPORTING SAD NOW HOLDS 90% OF ECONOMIC RIGHTS OF PLAYER

        
 Source text: https://tinyurl.com/5n927xjk
 Further company coverage:  SPSO.LS  

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