Editing Sporting CP (section)

==== Financial mismanagement and 2013 election ====
After years of [[financial mismanagement]], Sporting had amassed debts exceeding €276&nbsp;million by 2011.<ref>{{Cite web|url = https://www.ionline.pt/399398|title = Sporting. Soares Franco pode ser o senhor que se segue na lista das expulsões|date = 27 July 2015|access-date = 23 December 2015|website = ionline.pt|last = Tavares|first = Isabel|archive-url = https://web.archive.org/web/20151223092130/http://www.ionline.pt/399398|archive-date = 23 December 2015|url-status = dead}}</ref> The results on the pitch were also negative, with Sporting finishing seventh in the [[2012–13 Primeira Liga]], their lowest ever finish.<ref>{{Cite web|url = https://desporto.sapo.pt/futebol/primeira_liga/artigo/2013/05/20/o-pior-sporting-de-sempre|title = O pior Sporting de sempre|date = 20 May 2013|access-date = 23 December 2015|website = desporto.sapo.pt|publisher = Eduardo Santiago|archive-date = 23 December 2015|archive-url = https://web.archive.org/web/20151223170754/http://desporto.sapo.pt/futebol/primeira_liga/artigo/2013/05/20/o-pior-sporting-de-sempre|url-status = live}}</ref><ref>{{Cite web|url = http://www.publico.pt/desporto/noticia/pacos-afunda-ainda-mais-o-sporting-com-triunfo-em-alvalade-1579621|title = Paços de Ferreira deixa Sporting a um ponto da zona de despromoção|date = 5 January 2013|access-date = 23 December 2015|website = publico.pt|publisher = Paulo Curado|archive-date = 13 April 2016|archive-url = https://web.archive.org/web/20160413165808/https://www.publico.pt/desporto/noticia/pacos-afunda-ainda-mais-o-sporting-com-triunfo-em-alvalade-1579621|url-status = live}}</ref> Managerial changes occurred within months or weeks apart: from November 2009 to May 2013, nine managers were contracted, with none of them lasting an entire season. In 2013, after pressure from club members, president Godinho Lopes resigned,<ref>{{Cite web|url = https://desporto.sapo.pt/futebol/primeira_liga/artigo/2013/02/03/godinho-lopes-demite-se-na-terca-feira|title = Godinho Lopes demite-se na terça-feira (Godinho Lopes resigns on Tuesday)|date = 3 February 2013|access-date = 23 December 2015|website = desporto.sapo.pt|archive-date = 23 December 2015|archive-url = https://web.archive.org/web/20151223170552/http://desporto.sapo.pt/futebol/primeira_liga/artigo/2013/02/03/godinho-lopes-demite-se-na-terca-feira|url-status = live}}</ref><ref>{{Cite web|url = http://www.vavel.com/pt/futebol-portugues/313826-guerra-e-paz.html|title = Sporting 2013: Guerra e Paz|date = 26 December 2013|access-date = 23 December 2015|website = vavel.com|publisher = Bruno Gomes|archive-date = 23 December 2015|archive-url = https://web.archive.org/web/20151223140706/http://www.vavel.com/pt/futebol-portugues/313826-guerra-e-paz.html|url-status = live}}</ref> and shortly afterwards, [[Bruno de Carvalho]] was elected president in a snap election.<ref>{{Cite web|url = http://www.publico.pt/desporto/noticia/bruno-de-carvalho-e-o-novo-presidente-do-sporting-1588913|title = Bruno de Carvalho é o novo presidente do Sporting (Bruno de Carvalho is the new president of Sporting)|date = 20 March 2013|access-date = 23 December 2015|website = publico.pt|publisher = Jorge Miguel Matias e Tiago Pimentel|archive-date = 8 March 2016|archive-url = https://web.archive.org/web/20160308004753/http://www.publico.pt/desporto/noticia/bruno-de-carvalho-e-o-novo-presidente-do-sporting-1588913|url-status = live}}</ref><ref>{{Cite web|url = https://expresso.sapo.pt/desporto/bruno-carvalho-confirmado-presidente-do-sporting=f796482|title = Bruno Carvalho confirmado presidente do Sporting|date = 26 March 2013|access-date = 23 December 2015|website = expresso.sapo.pt|publisher = Bruno Roseiro|archive-date = 23 December 2015|archive-url = https://web.archive.org/web/20151223171446/http://expresso.sapo.pt/desporto/bruno-carvalho-confirmado-presidente-do-sporting=f796482|url-status = live}}</ref> Carvalho intended to return success to the football team, while threatening to take Godinho Lopes to court,<ref>{{Cite web |date=26 March 2015 |title=Vamos devolver a paz ao Sporting |url=https://desporto.sapo.pt/futebol/primeira_liga/artigo/2013/03/26/vamos-devolver-a-paz-ao-sporting |url-status=live |archive-url=https://web.archive.org/web/20151223170234/http://desporto.sapo.pt/futebol/primeira_liga/artigo/2013/03/26/vamos-devolver-a-paz-ao-sporting |archive-date=23 December 2015 |access-date=23 December 2015 |website=desporto.sapo.pt |publisher=João Paulo Godinho}}</ref><ref>{{Cite web |date=20 February 2013 |title=Bruno de Carvalho ameaça Godinho Lopes com tribunal |url=http://www.publico.pt/desporto/noticia/bruno-de-carvalho-ameaca-godinho-lopes-com-tribunal-1585218 |url-status=live |archive-url=https://web.archive.org/web/20160413085233/https://www.publico.pt/desporto/noticia/bruno-de-carvalho-ameaca-godinho-lopes-com-tribunal-1585218 |archive-date=13 April 2016 |access-date=23 December 2015 |website=publico.pt |publisher=Nuno Ferreira Santos}}</ref><ref>{{Cite web |date=22 March 2013 |title=Interview: "O Sporting merecia outros candidatos e eu merecia outros adversários" |url=https://www.publico.pt/desporto/noticia/o-sporting-merecia-outros-candidatos--e-eu-merecia-outros-adversarios-1588689 |url-status=live |archive-url=https://web.archive.org/web/20160308012156/http://www.publico.pt/desporto/noticia/o-sporting-merecia-outros-candidatos--e-eu-merecia-outros-adversarios-1588689 |archive-date=8 March 2016 |access-date=23 December 2015 |website=publico.pt |publisher=Paulo Curado}}</ref> and to renegotiate the club's debt payment schedule with the banks involved,<ref>{{Cite web |title=Bruno Carvalho explica "15 dias de trabalho faraónico" |url=https://expresso.pt/arquivo/desporto/bruno-carvalho-explica-15-dias-de-trabalho-faraonico=f799399 |access-date=2024-01-14 |website=Jornal Expresso |language=pt-PT}}</ref> which eventually renegotiated the debt in very favourable conditions for Sporting CP in the following years as part of the club's financial restructuring started by Carvalho and finalized by [[Frederico Varandas]] ten years later.<ref>{{Cite web |date=2018-04-30 |title=Bruno de Carvalho anuncia redução da dívida e explica empréstimo obrigacionista |url=https://rr.sapo.pt/noticia/sporting/2018/04/30/bruno-de-carvalho-anuncia-reducao-da-divida-e-explica-emprestimo-obrigacionista/111930/ |access-date=2024-01-14 |website=Rádio Renascença |language=pt-pt}}</ref><ref>{{Cite web |title=Sporting admite a entrada de um parceiro estratégico |url=https://www.ojogo.pt/2262737977/sporting-admite-a-entrada-de-um-parceiro-estrategico/ |access-date=2024-01-14 |website=O Jogo |date=27 December 2023 |language=pt}}</ref> This allowed Sporting CP to get a multimillion-euro [[debt relief]] – in contrast to their rivals.<ref name=":8">{{Cite web |title=Sporting corta 100 milhões de euros ao passivo |url=https://desporto.sapo.pt/futebol/primeira-liga/artigos/sporting-corta-100-milhoes-de-euros-ao-passivo |access-date=2024-01-13 |website=SAPO Desporto |language=pt}}</ref><ref>[https://eco.pt/opiniao/sporting-so-eu-sei-porque-nao-pago-ao-banco/ Sporting: Só eu sei porque não pago ao banco] {{Webarchive|url=https://web.archive.org/web/20180630011231/https://eco.pt/opiniao/sporting-so-eu-sei-porque-nao-pago-ao-banco/ |date=30 June 2018 }} ECO {{in lang|pt}}</ref> Carvalho's election brought Angolan investors to the club, most notably [[Álvaro Sobrinho]], through Holdimo, which ultimately took possession of 20 million shares of Sporting's [[Sociedade Anónima Desportiva|SAD]] through conversion of [[convertible debt]].<ref>{{cite news|last=Cavaleiro|first=Diogo|date=21 June 2013|title=Investidores angolanos são os novos accionistas do Sporting|trans-title=Angolan investors are the new shareholders in Sporting's SAD|url=https://www.jornaldenegocios.pt/empresas/desporto/detalhe/investidores_angolanos_sao_os_novos_accionistas_do_sporting|language=pt|newspaper=Jornal de Negócios|access-date=30 April 2018|archive-date=1 May 2018|archive-url=https://web.archive.org/web/20180501004438/https://www.jornaldenegocios.pt/empresas/desporto/detalhe/investidores_angolanos_sao_os_novos_accionistas_do_sporting|url-status=live}}</ref><ref>{{cite news|last=Cavaleiro|first=Diogo|date=17 December 2016|title="Burocracias" da CMVM obrigam Sporting a divulgar posição de Sobrinho|trans-title=CMVM "bureaucracies" force Sporting to disclose Sobrinho's position|url=https://www.jornaldenegocios.pt/empresas/banca---financas/detalhe/cmvm-pediu-esclarecimentos-sobre-posicao-de-sobrinho-no-sporting|language=pt|newspaper=Jornal de Negócios|access-date=30 April 2018|archive-date=1 May 2018|archive-url=https://web.archive.org/web/20180501004433/https://www.jornaldenegocios.pt/empresas/banca---financas/detalhe/cmvm-pediu-esclarecimentos-sobre-posicao-de-sobrinho-no-sporting|url-status=live}}</ref>

On 5 June 2015, it was released an audit that analyzed the management of Sporting in the past 20 years: it concluded that in 1994 the club had €55 million worth of real estate assets and an almost nonexistent debt; by 2013, real estate assets were almost nonexistent, and the club had amassed a €331 million debt.<ref name="Expresso 2015-06-27">{{cite web |url=https://expresso.sapo.pt/desporto/2015-06-27--Auditoria-a-gestao-do-Sporting-implica-ex-gestores#gs.nTaGMWM |title=Auditoria à gestão do Sporting implica ex-gestores |last=Santos Guerreiro |first=Pedro |date=27 June 2015 |newspaper=Expresso |access-date=5 June 2018 |language=pt |trans-title=Audit to Sporting's management implicates former administrators |archive-date=23 August 2018 |archive-url=https://web.archive.org/web/20180823174538/https://expresso.sapo.pt/desporto/2015-06-27--Auditoria-a-gestao-do-Sporting-implica-ex-gestores#gs.nTaGMWM |url-status=live }}</ref> Their new stadium (completed in 2003) cost 74% more than what was expected when its construction started (€184&nbsp;million against the planned €106&nbsp;million), while their training facility cost 24% more, and the costs of ''Alvalade XXI'' neighbourhood, a real estate complex located around the stadium, overshot its estimate by 60%; such complex was almost entirely sold in the following years, many estates of which were sold below market prices.<ref>{{cite web |url=https://observador.pt/2015/06/27/derrapagens-nos-custos-contratos-sem-papel-comissoes-pagas-os-socios-do-sporting-vao-saber/ |title=Derrapagens nos custos, contratos sem papel e comissões pagas: o que os sócios do Sporting vão saber |last1=Pombo |first1=Diogo |last2=Dinis |first2=David |date=27 June 2015 |newspaper=Observador |access-date=5 June 2018 |language=pt |trans-title=Overshootings, unwritten contracts and paid commissions: what Sporting's associates will know |archive-date=27 July 2018 |archive-url=https://web.archive.org/web/20180727055349/https://observador.pt/2015/06/27/derrapagens-nos-custos-contratos-sem-papel-comissoes-pagas-os-socios-do-sporting-vao-saber/ |url-status=live }}</ref>

From 1995 to 2013, the club invested €261 million in the football team, however, with few sports and financial results.<ref name="Expresso 2015-06-27" /> The audit criticized many football transfers in the 2000s, in which the club paid commissions well above market prices to player agents, and discovered that Sporting even had paid commissions without evidence of written contracts.<ref name="Expresso 2015-06-27" /><ref name="Expresso 2015-06-27 2">{{cite web |url=https://expresso.sapo.pt/desporto/2015-06-27-Auditoria-denuncia-negocios-questionaveis-do-Sporting-com-agentes-e-fundos#gs.TSQdmJA |title=Auditoria denuncia negócios "questionáveis" do Sporting com agentes e fundos |last=Cabral |first=Mariana |date=27 June 2015 |newspaper=Expresso |access-date=5 June 2018 |language=pt |trans-title=Audit denounces "questionable" Sporting businesses with agents and funds |archive-date=12 June 2018 |archive-url=https://web.archive.org/web/20180612142048/http://expresso.sapo.pt/desporto/2015-06-27-Auditoria-denuncia-negocios-questionaveis-do-Sporting-com-agentes-e-fundos#gs.TSQdmJA |url-status=live }}</ref> The audit also concluded that the administrations from 1995 to 2013 intended to convert Sporting, a multi-sports club, exclusively into a football club – although they did not openly admitted so – which was being done gradually through the closure of other sport modalities.<ref>{{cite web |url=https://www.dn.pt/desporto/sporting/interior/auditoria-a-gestao-do-sporting-conclui-que-quiseram-acabar-com-o-ecletismo-4801218.html |title=Auditoria à gestão do Sporting conclui que quiseram acabar com o ecletismo |date=27 September 2015 |newspaper=Diário de Notícias |access-date=5 June 2018 |language=pt |trans-title=Audit to the management of Sporting concludes they intended to end with the club's eclecticism |archive-date=12 June 2018 |archive-url=https://web.archive.org/web/20180612141746/https://www.dn.pt/desporto/sporting/interior/auditoria-a-gestao-do-sporting-conclui-que-quiseram-acabar-com-o-ecletismo-4801218.html |url-status=live }}</ref> Moreover, the audit also pointed out evidence of mismanagement and conflicts of interest by several administrators.<ref name="Expresso 2015-06-27" /> Considering the audit's results, club members approved the expulsion of Godinho Lopes as an associate of the club in June 2015.<ref>{{cite web |url=https://www.publico.pt/2015/06/28/desporto/noticia/expulsao-para-godinho-lopes-suspensao-para-luis-duque-1700426 |title=Godinho Lopes expulso do Sporting por infracções "muito graves" |last=Vaza |first=Marco |date=28 June 2015 |newspaper=Público |access-date=5 June 2018 |language=pt |trans-title=Godinho Lopes expelled from Sporting for "very severe" wrongdoings |archive-date=2 October 2022 |archive-url=https://web.archive.org/web/20221002003501/https://www.publico.pt/2015/06/28/desporto/noticia/expulsao-para-godinho-lopes-suspensao-para-luis-duque-1700426 |url-status=live }}</ref>