This Monday SC Braga SDC published the main indicators of the Report and Accounts for the 2020/21 sports season, which will be presented for approval to shareholders at the General Meeting, which will be held on October 26 at 18:00 in the Auditorium of the Braga Municipal Stadium.
“In an extremely challenging event influenced by the epidemiological context, Braga SAD exceeded budgetary expectations (indicating a negative result of € 2,602,000) with a net result of € -1,930 million and EBITDA of € 6,866 million. ”, Can be seen in the indicator, which underlines the fact that Ricardo Esgaio’s transfer to Sporting for 5.5 million euros is not included in these accounts.
The company also explains that liabilities decreased significantly by 6 percent to 54,590 million euros, and assets reached 93,766 million euros.
“In the end, the company ended one of the toughest fiscal years in its history with a net worth of close to € 40 million (the second largest amount ever presented by Braga SAD) and saw an increase in its financial autonomy (42%). which confirms: once again – its economic and financial strength and excellent ability to fulfill its obligations, ”he concludes.
