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Salgado Zegna: “This budget is important for us to continue to make the sport more competitive and develop the club” – Sporting

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Sporting CP scheduled this Sunday to present and vote on the Alvalade club’s plan and budget for 2022/23 to the General Assembly, which will be held in the Joao Rocha Pavilion and served as the motto of Francisco Salgado Zegna to address the members at the solemn meeting. Speaking to Sporting TV, the Lions Vice President and Head of Financial Portfolio asked for a massive employee presence on the day AG will be held from 9:30 am to 6:30 pm, ahead of the Five Violin trophy clash with Sevilla.

“I encourage members to come and exercise their right to vote, to show that they belong to the club and that they value the club. This budget is important to us in order to continue to make the sport more competitive and help the club grow.” Portugal is a club for the present, but also for the future, for our children and descendants,” he suggested, recalling that the voting will take place exactly on the day when the presentation game will be played in front of the members of the club. “It makes people come with more purpose and that is fundamental to the club. In addition to striving for the sporting success of the club, members must also participate in the life of the club, and we would like to see this be the case. we have to look, and I think that’s what the General Assembly Council was looking for when they set this date. presentation game for members at the José Alvalade Stadium,” he explained.

Moreover, Salgado Zegna recalled the importance of voting on the budget, taking into account the accounts of recent seasons. “We came from years of stabilizing budgets and cost optimization, even though the situation itself forced it, but we have always strived to be more cost effective. We did this in our first interventions, but now we are in a different phase. We are trying to have a growth budget that focuses on improving competitiveness in modalities, but never forgetting the importance of financial sustainability. This budget shows the will, work and what management wants to do in terms of life growth. We are working to make the club more and more competitive and, above all, conditions,” he defended.

In addition, the 39-year-old football player justified the increase in membership fees announced by the Sports Council when presenting the budget to members. “When we enter the growth phase and want to give the club more and more conditions, we need to make every effort in terms of revenue growth. This is what we do within the powers of the Board of Directors, but are the main sources of income, such as contributions, in which we naturally need the cooperation of partners. This premium price update is based on three factors. The first is the desire to be increasingly competitive in modalities, and this is why we need this increase in income. Secondly, because we are facing an unfavorable situation in terms of increased costs for services and products that affect all organizations, such as Sporting. financial support for this. We can’t forget that this is an update that hasn’t been seen since 2006. This is not something repetitive, but a situation of concrete actions, and we felt that now is the right time for this, ”he explained.

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