FOOTBALL – Frederico Varandas analyzes Report and Accounts: “There is no manual to defeat the attack of Alcochete” (Sports)

Sporting despatched, this Wednesday, the 2021/22 Annual Report to the CMVM. In the letter, Frederico Varandas leaves a message, speaking about what he sees as “the finest outcome”.

Remember that the lions are providing an excellent outcome of € 25 million and an working revenue (with out altering gamers) of € 12 million.

View the full message:

Dear Shareholders, At the finish of the monetary yr 2021/2022, and after 4 seasons that finish the present time period of the Sporting SAD Administration, I can summarize the course of that has taken place to this point in a single phrase: Stability.

The monetary yr 2021/2022 is an unforgettable occasion in the journey of Sporting SAD, because it gives the finest outcomes ever in phrases of monetary and operational outcomes, not together with coping with the gamers. These are outcomes that we needs to be proud of, not solely as a result of of their particular nature – they’re the finest ever in our historical past – for 2 foremost causes: their nature and the incontrovertible fact that they have been achieved in a really tough time.

The Annual Report that we current, being a “image” of this yr – as all of them are -, is truly a “movie” with a starting, center and finish. Right now we’re in the center, thanks to the course of that we began in September 2018 and it allowed us not solely to get right here, but additionally to be shut to the finish that was created and desired.

Its foremost significance contains the achievement of design targets that haven’t been achieved earlier than, which permits us to join the fundamentals of the vital modifications to the SAD, and make a return to the observe-up course of based mostly on the creation of worth.

A transparent technique to create a powerful basis based mostly on three axes: Training, Digital Transformation and Creating the Value of the Sporting Brand.

Today, we’re SAD with a value-efficient and sensible, price-efficient coverage. We spend money on the whole Sporting universe, specializing in the training and abilities we wish everybody who comes into contact with us to have.

And they’re crucial as a result of they have been completed in very tough conditions.

There are no paperwork or directions to cope with the inner drawback due to the attack of Alcochete, whereas at the identical time going by means of the epidemic that induced exterior issues in the final 100 years.

We wrote the script, in our personal manner.

To be certain that, as in the whole lot, there is at all times room for enchancment, we’ve got given 4 years, ranging from June 2022:

1. Six senior males’s soccer titles, two of which this season, for the second time in a row we managed to enter the UEFA Champions League and we reached, for the second time in our historical past, the alternative to go to the spherical of 16. competitors.
2. Two prime names in ladies’s soccer.
3. The resume of group B, vital for instructing work.
4. Reinvesting in the group’s heritage, modernization and model.
5. The finest outcomes ever in phrases of returns, totaling 181.9 million euros, and working outcomes with out gamers, at 12 million euros.
6. Best participant efficiency, recording three finest SAD gross sales, and seven prime 10 gross sales.

Sporting SAD right this moment is an organization that is higher than it was 4 years in the past and prepared for the subsequent 4 years. We have a great distance to go to incorporate a sustainable strategy, realizing that we are going to have some tough instances in the future as a result of of the present battle, and that this is a journey that can by no means finish. We will proceed the course of of constructing the basis, with out rain, in order that, when this is protected as we wish, we will develop steadily and transfer ahead to take the subsequent step.

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