COMMUNICATIONSPORTING CLUBE DE PORTUGAL – FUTEBOL, SAD
Sporting Clube de Portugal – Futebol, SAD (hereinafter referred to as Sporting SAD), in compliance with Article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council, announces the following update, following the statement released on 29 October 2024:
Sporting SAD has reached an agreement with Manchester United FC (MUFC) regarding the terms and conditions of coach Rúben Amorim's departure, in exchange for which MUFC will pay Sporting SAD €11,000,000.
Additionally, Sporting SAD will benefit from €1,658,000 due to the cancellation of credit rights, recorded as liabilities and contingent liabilities, resulting from the termination and renegotiation of contracts related to intermediary commissions.
Lisbon, 1 November 2024. Market Relations Representative