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Fernando Veiga Gomes warns over “open-door policy” in Portuguese football and calls for stronger regulation
Fernando Veiga Gomes spoke about the attractiveness of Portuguese football to foreign investors, particularly Americans, and criticized the current legal framework, which leaves “the doors open to all kinds of investors.” In the latest Negócios Record podcast, the partner at Abreu Advogados stressed that “there are good investors, bad investors, people with scruples, people without scruples. There is everything”.
Fernando Veiga Gomes argues that the law needs to be improved, or that football itself must self-regulate and create defensive mechanisms. In his view, there must be a system of prior screening before entry and ongoing monitoring of clubs’ financial situations. “Portuguese football cannot afford to have excellent sports infrastructures, paid for by taxpayers, in lower divisions because the SADs were badly managed,” he concluded.
