Vitória de Guimarães members approve 17% stake sale to V Sports

Members of the Portuguese football club Vitória de Guimarães have approved the sale of a 17% stake in the club's SAD (Sporting Limited Company) to V Sports. This transaction restores V Sports' total shareholding in the company to 46%.

Following the vote, V Sports, which also owns the English Premier League club Aston Villa, will provide 2 million euros to the club. This capital will be used to invest 1.8 million euros directly into the SAD, totaling a 3.8 million euro operation.

The decision follows a previous restructuring where V Sports had reduced its stake to 29% to comply with UEFA regulations regarding the independence of sporting societies. The owners of V Sports, billionaires Nassef Sawiris and Wesley Edens, had previously held positions on the SAD board in 2023.