Portugal

Boavista lenders approve sale of Bessa stadium and complex for 33 million

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 07/10/2026, 21:26:24 UTC.

Briefings

Boavista Futebol Clube sold its stadium and complex for 33 million euros after creditors rejected a recovery plan. The sale was won by Frozenspark, a Lisbon-based company linked to Confrasilvas, following an initial auction in April 2026. Creditors initially rejected a proposal of up to 25.7 million euros but accepted the new 33 million figure to preserve the club's historic emblem. The club is insolvent with over 150 million euros in debts, including 40 million euros to the tax authority and social security. The sale follows the insolvency of the club and its parent SAD, which was liquidated in September after a failed restructuring plan.

Key points

• The stadium and complex were sold to Frozenspark for 33 million euros after creditors rejected a recovery plan of up to 25.7 million euros.
• The initial auction in April 2026 valued the assets at 38 million euros, with 31 million euros allocated to the stadium and 6.8 million euros to the complex.

Context and limitations

The evidence covers the sale approval, the winning bidder, and the financial breakdown of the assets. It does not include details on the specific terms of the new recovery plan, the exact timeline of creditor meetings, or the future operational status of the club.

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