Boavista Futebol Clube informs its associates, supporters and the sports country that, in the meeting of creditors held today, most deliberated:
a) Do not postpone for 30 days the vote on the recovery plan presented – a decision that would have allowed to know the outcome of the process of recovering from Boavista SAD and fully present the project underway, as well as the underway negotiations;
b) the club’s liquidation.
In a serious and striking moment for the history of the club, the city and the sport in Portugal, it is important to clarify that the deliberate “liquidation” does not mean the end of Boavista Futebol Clube. Even among those who voted for this solution, there is the understanding that it is vital to keep the club in operation and preserve the indispensable heritage to its activity.
Boavista faces the biggest challenge in its history, but has future and viability. The union of all boavists is now even more essential for a common goal: to maintain heritage that will allow you to honor commitments, ensure recovery and continue to promote sports.
It should be noted that, in this process, it was clear that some of the main creditors privilege the alienation of the club’s real estate heritage, thus preventing the presentation and discussion of the plan that would allow to pay all creditors – not just some – and ensure the continuity of the activity and the financial and sports restructuring of Boavista.
It is also important to point out that all creditors, except three, voted in favor of Boavista’s recovery and interests.
And it is also important to make it clear that this decision can still be reversed. The club has 10 days to resort to this deliberation – which will evidently – have solid arguments to defend its viability. Boavista will continue to dialogue with the main creditors to achieve an agreement that serves everyone’s interest.
The management thinks it is of great importance to underline the support it has received from the State and the City Hall of Porto, calling for everyone to stay firm in this process, ensuring that all actions are oriented towards the recovery of the club.
The board will continue to exercise the mandate for which he was elected, collaborating with the insolvency administrator and continuing negotiations with investors and partners capable of enabling, immediately, the future of Boavista and to ensure its sustainability for the next generations.
We reaffirm that the process will be conducted with full respect for the principles of legality and equity between creditors, and that the objective remains unchanged: to ensure a strong, viable and competitive Boavista, in possession of its assets and oriented for the future.
We appeal to all the boavists who remain united, support our teams and proudly listen to their voice to everyone to show why we honor our Bairrista badge.
Porto, September 5, 2025
Boavista, always!
