According to a request sent on Tuesday by Maria Clarisse Barros to the Commercial Court of Vila Nova de Gaia, to which the Lusa agency had access this Friday, Boavista should have fulfilled the tranche by February 10, but failed to pay, which was only guaranteed with the intervention of the majority shareholder of SAD das ‘panteras’, the Spanish-Luxembourgish Gérard Lopez.
With the aim of not aggravating the losses of the insolvent estate, this regularization allowed Boavista to maintain its establishment and preserve amateur sports, preventing the insolvency administrator from immediately restarting the steps to close the club’s activity, without the need to convene the creditors’ meeting.
On February 18, after Gérard Lopez’s “liberating donations”, Maria Clarisse Barros informed Rui Garrido Pereira’s board of directors, elected in January last year, that she had given up her “assistance in the management” of the club’s activities.
“Since that date, the management of the Boavista establishment has been carried out by the insolvency administrator and by a person to be appointed for this purpose, with the agreement of the creditors committee”he announced.
On January 26, a creditor asked Maria Clarisse Barros to remove Boavista’s board of directors and be responsible for the management of the club, which stopped having a senior football team four months ago and had reached an agreement in December with creditors to maintain the activity, under the commitment to cover the current deficit of its operation.
The liquidation of Boavista was approved in September, as it was generating losses on the insolvent estate, accumulating debts exceeding 150 million euros (ME).
The club holds 10% of the share capital of SAD, which was supposed to compete in the II League in 2025/26, but it no longer had a professional team in the summer and was administratively relegated to the main echelon of the Porto Football Association, in which it is 18th and last ranked and plays as hosts at Parque Desportivo de Ramalde, 2.5 kilometers from the Bessa Stadium, unused since May.
Boavista registered in the fourth and final district division, but, as it was in solidarity with SAD’s debts, which resulted in seven impediments to the registration of new football players with FIFA, it abdicated from competing in October, without having played any matches this season, having accused the ‘checkered’ society of failing to fully comply with the protocol with the club.
SAD, led by Senegalese Fary Faye, has aligned itself with former and current players from the respective under-19 team, integrated into the national II Division at that level, and has not yet released FIFA’s restrictions, which were in force in previous years and reappeared in March 2025, making it impossible, for now, to use the reinforcements made official in the summer.
The club had launched a senior team independent of SAD in the summer, affected by the lack of financial assumptions when licensing for national competitions and whose right to present a recovery plan was approved by a majority of the creditors, who unanimously voted for the continuity of that company’s activity.
Relegated to the II Liga in May, after finishing the 2024/25 edition of the I Liga in 18th and last place, Boavista concluded a trajectory of 11 consecutive seasons in the main echelon, being one of the five national champions in history, compared to the title won in 2000/01.
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