Boavista faced severe financial difficulties, leading to their potential liquidation and denial of a revitalization plan by the Portuguese Football Federation. They accumulated 7 million euros in debt, resulting in dire circumstances, such as electricity cut-offs at their stadium and delays in player salaries. Notably, defender Reggie Cannon terminated his contract amid payment issues. Following their demise to the fifth tier, police raided the club's headquarters due to suspicions of fraudulent activities committed by several executives, emphasizing the ongoing challenges within the organization.
Boavista faced liquidation, as their revitalization plan was rejected due to failure to provide necessary tax and social security guarantees in time, deepening financial woes.
With 7 million euros owed to a construction company, Boavista struggled with severe debt, leading to electricity cut-offs at their Estadio de Bessa and delayed player salaries.
The club's demotion to the fifth tier followed a lack of appeal against the federation's decision, marking a further decline after finishing bottom of the Primeira Liga.
Police seized documents from Boavista's headquarters amid suspicions of serious financial crimes by several unnamed executives, indicating ongoing issues within the club's management.
Collection
[
|
...
]