Porto transfers Porto Seguro, an insurance brokerage company owned by the FC Porto Group, to MDS Portugal, announced the blue and white club. The operation will generate a significant financial influx for the club, exceeding 10 million euros. Futebol Clube do Porto – Futebol, SAD holds 95% of Porto Seguro's capital, while Futebol Clube do Porto holds 5%. José Pedro Pereira da Costa, CFO of the dragons, stated that the operation will represent a significant financial influx to strengthen the club's financial sustainability. Porto Seguro had a positive Net Cash position, which will generate a gain for Futebol Clube do Porto – Futebol, SAD of around 9 million euros. MDS Portugal acquired 100% of Porto Seguro's capital, a leading company in the Portuguese market. FC Porto will use the financial influx to strengthen its financial sustainability and own capital. The operation was announced this Tuesday and will be concluded soon. The blue and white club is satisfied with the operation and believes it will be beneficial for the club's future.
Club
Porto transfers Porto Seguro and receives over 10 million euros
Porto transfers Porto Seguro to MDS and receives over 10 million euros, strengthening the club's financial sustainability
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