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Benfica Communiqué Affiliates Grupo SLB

Zera Barrett by Zera Barrett
August 20, 2021
in sport
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Benfica Communiqué Affiliates Grupo SLB
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Given the recent information that has been announced, Sport Lisboa e Benfica should clarify the following:

1 – All information regarding the subsidiaries that are part of the Sport Lisboa e Benfica Group can be consulted in the annual report of the club and the accounts, as the parent company of the Sport Lisboa e Benfica Group, with the next publication in September, which includes activity for the financial year now ending in 2020- 21, which will include a point referring to Benfica Internacional.

2 – The Lisbon and Benfica Sports Business Group consists of 12 subsidiaries, owned (partially or wholly) and controlled by Clube Sport Lisboa e Benfica, Benfica Internacional being one of these 12 companies.

3 – Benfica Internacional, founded in February 2021 with legal support from our VdA lawyers – Vieira de Almeida, is 100% owned by Benfica SGPS, and its parent company is Sport Lisboa e Benfica, which owns 100% of the share capital of Benfica SGPS.

4 – Within the scope of the Benfica brand’s international expansion strategy, Benfica Internacional has been created with the aim of managing all contributions to companies that may be incorporated in different geographies, namely in the regions with strategic focus for the Benfica brand: the United States of America, China and England.

5 – Operations that may be developed in areas that qualify as Benfica’s brand strategy may lead to the establishment of companies in these geographies (future example: Benfica USA), as Benfica International will own and operate all international companies, accordingly. for the purpose of its constitution.

6 – The COVID-19 crisis has delayed the entire process of internationalization of the Benfica brand, which is why, so far, no company has been established in international territories. As a result, no operation has been established in the priority markets, so Benfica Internacional has no contribution.

7 – Sport Lisboa e Benfica is not aware of any investigation by the authorities into the scope of the procedure developed to internationalize the Benfica brand. As it is responsible for, and in the spirit of transparency to which it is committed, Sport Lisboa e Benfica will always be available to clarify any aspect of this or any other matters relating to the life of the club.

Zera Barrett

“Food fanatic. Organizer. Hipster-friendly tv specialist. Avid reader. Devoted web ninja.”

Zera Barrett

Zera Barrett

"Food fanatic. Organizer. Hipster-friendly tv specialist. Avid reader. Devoted web ninja."

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