Sporting, eight years later, managed to complete part of the restructuring of the bank’s debt, which was estimated at 240 million euros.

After converting the bonds purchased from BCP into equity in SAD, through two capital increases totaling €83.6 million, they became majority shareholders of the company. There is still an agreement with Novo Banco to terminate the restructuring process started in 2014.

In March, Sporting already reached an agreement with BCP to purchase €83.7m of mandatory convertible securities (VMOC) for just €14m.

To complete this stage of the process, it was necessary to convert the VMOC into SAD equity, which happened last week, where two capital increases were made through the conversion of debt securities in the amount of 27.57 million and 56 million euros, with the company to now have a total net worth of 150.6 million, more than double the amount she had prior to this action.

This initiative also increased the participation of Alvaro Sobrinho from 29,851 percent to 13,283 percent and that of Joaquim Oliveira from 3,186 percent to 1,418 percent of SAD leonina.

Sporting have informed the Securities Market Commission (CMVM) that Matheus Nunez has signed for Wolves for €45m.

In the statement, the Lions also mention that the deal could be worth 50 million euros, depending on the goals of the English team and the player himself. In addition, the green-and-white emblem took ten percent of the surplus value of the future transmission.

Also pay attention to the four and a half million associated with the payment of intermediary services.

After visiting Ericeirense and Estoril, Matheus Nunez joined the Sporting team for the 2019/20 season. After 101 games and eight goals, the Portuguese moves to Wolverhampton and joins the Portuguese fleet under Bruno Lage. for others, Wolves already announced the arrival of the 23-year-old midfielder last night.

Sporting statement for CMVM:

SPORTING CLUBE DE PORTUGAL – FUTEBOL, SAD (hereinafter Sporting SAD or Sociedade) informs under the conditions and in order to comply with the obligation to provide information arising from the provisions of Article 17 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April as follows: 1. Sporting SAD has reached an agreement with WOLVERHAMPTON WANDERERS FOOTBALL CLUB (1986) LIMITED (hereinafter WOLVERHAMPTON) for the final transfer of the sports rights of the player Matheus Luis Nunez, guaranteeing the Company the right to receive an amount corresponding to 10% of the surplus value of the future transfer;

2. In connection with the transfer, Sporting SAD will receive a fixed amount of €45,000,000 (€45 million) plus a variable maximum amount of up to €5,000,000 (€5 million) due depending on Wolverhampton related objectives. the participation of a football team in the Champions League and the Player’s participation in games;

3. The costs of intermediary services in connection with the aforementioned transfer amount to EUR 4,454,667.00 (four million four hundred fifty-four thousand six hundred sixty-seven euros), plus a maximum variable amount up to EUR 494,963.00 (four hundred ninety-four thousand nine hundred sixty-three Euro);

4. The value of the Solidarity Mechanism through external clubs will be supported by Sporting SAD and WOLVERHAMPTON in equal shares.

Lisbon, August 18, 2022

Market relations representative