Rui Costa takes over- new sports director

[Frank Cunha]

he had to buy 85 percent to have full control,
he already made the transaction to CMVM
now its a waiting time

usual takes two weeks

[Frank Cunha]

more about Berardo
José Berardo - Wikipedia, the free encyclopedia

José Berardo
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José Manuel Rodrigues Berardo, GCIH, most commonly known as Joe Berardo, (born July 4, 1944, in Madeira, Portugal), is a Portuguese businessman and stock investor. As of 2007, he is among the top 10 wealthiest Portuguese, with financial assets of over 570 million euros. His estimated total wealth, including stock in large Portuguese banking and telecommunications companies, is over 1,900 million euros.

Contents [hide]
1 Life
2 Stock market
2.1 Long-term stockholding
2.2 S.L. Benfica - Futebol, SAD
3 References



[edit] Life
He was born in Madeira Island, Portugal in 1944, as the seventh child of a modest family. Berardo left school when he was 13 years old and got a low-ranked job in the winery sector of Madeira Wine. At the age of 18, he emigrated to South Africa where he worked in horticulture distribution and eventually set up large commercial ventures, becoming at the end of the 20th century one of the most renowned and wealthiest Portuguese entrepreneurs. In South Africa, he created Egoli Consolidated Mines Ltd, a gold extraction company. Initially, the gold extraction was performed using low-value waste lands that were apparentlly being ignored. Later, the mining company started to deal with diamond mining too. Berardo retuned to Portugal in 1986. He has multiple businesses, including participation in many companies listed on the Euronext Lisbon. His businesses include hotels, tobacco, animal food, telecomunications, banking, and wines. He has a special interest for modern art, being one of the most successful contemporary art collectors in Portugal. By agreement with the Portuguese Government, a foundation - Fundação de Arte Moderna e Contemporânea - Colecção Berardo - was created to support the housing of his art collection at the Centro Cultural de Belém, in Lisbon.[1] The Berardo Art Collection is estimated at over 315 million euros by Christie's. Berardo is father of two (Cláudia and Renato), born from his marriage with Carolina Conceição. He frequently wears black clothes.[2]


[edit] Stock market
As a very wealthy and active stock trader, Joe Berardo is a central personality on the Portuguese stock exchange Euronext Lisbon, where he trades large amounts of stock throughout the year, oftenly having immediate capital gain as his only perceived goal. He legally uses his foundation - Fundação Berardo as a tool for indirect trading in order to get fiscal benefits.


[edit] Long-term stockholding
He also has long-term investments in large companies, like Millennium BCP bank and Portugal Telecom (PT) telecommunications operator, which are both listed on the Euronext Lisbon. In 2006, he took a prominent part in the struggle against Sonae's very publicized takeover bid over Portugal Telecom. Sonae's takeover bid failed.


[edit] S.L. Benfica - Futebol, SAD
In June 2007, he made a bid in order to buy 60% of S.L. Benfica - Futebol, S.A.D. shares at a stock price of 3.5€/share. Meanwhile Benfica's president Luís Filipe Vieira refused the offer saying "Benfica will always have the majority of the stock".[1] However, Berardo doesn't exclude a major stake in the Futebol, S.A.D. which can be achieved within the 33% free float of publicly traded stock that was issued in the stock market in May 2007. Berardo, who is a registered member of S.L. Benfica and a declared supporter of the club, may become the largest individual stockholder in the S.L. Benfica - Futebol, SAD.

[Frank Cunha]

[edit] S.L. Benfica - Futebol, SAD
In June 2007, he made a bid in order to buy 60% of S.L. Benfica - Futebol, S.A.D. shares at a stock price of 3.5€/share. Meanwhile Benfica's president Luís Filipe Vieira refused the offer saying "Benfica will always have the majority of the stock".[1] However, Berardo doesn't exclude a major stake in the Futebol, S.A.D. which can be achieved within the 33% free float of publicly traded stock that was issued in the stock market in May 2007. Berardo, who is a registered member of S.L. Benfica and a declared supporter of the club, may become the largest individual stockholder in the S.L. Benfica - Futebol, SAD.

the stock finish today at 4

[Oliver_Kahn]

Originally Posted by Frank Cunha

he had to buy 85 percent to have full control,
he already made the transaction to CMVM
now its a waiting time

usual takes two weeks

With 60% he already had full control, he just need to have at least 51% of the shares

[Frank Cunha]

Originally Posted by Oliver_Kahn

With 60% he already had full control, he just need to have at least 51% of the shares

not real according to the 'estatutos of the club"

LFV made the rules of the game

[Oliver_Kahn]

Well according to what I learned in economics, you just need to have more than half of the shares to take over

[Frank Cunha]

I taught so to, but its LFV monopoly, trying to stop it

I look at the guy record and is a profissional stock broker, he didn't made a mistake, he knows what hid doing

[Frank Cunha]

SAD answers back, but I think they went easy on the stock holder

what do you think

  abola.pt - «A BOLA on-line»

SAD reage às afirmações de Berardo
A SAD do Benfica já reagiu às afirmações de Joe Berardo, saindo em defesa de Rui Costa. O empresário madeirense, que lançou recentemente uma OPA sobre parte do capital da SAD, falou em reforços para a nova época, o que levou os responsáveis pelo futebol a tomar posição sobre o assunto.




É o seguinte o teor do comunicado:

1 - A gestão dos activos da SAD cabe única e exclusivamente à administração da mesma, sendo esta responsabilizada anualmente, quando presta contas aos accionistas, em momento e local próprios.

2 - As orientações estratégicas que determinam a linha de conduta da gestão executiva da SAD são definidas pelos accionistas e, nomeadamente, por aquele que é maioritário entre eles, o Sport Lisboa e Benfica.

3 - Entendendo as declarações veiculadas pela comunicação social e atribuídas ao referido senhor comendador, que é sócio do Sport Lisboa e Benfica e accionista da SAD, com o desconto que deve ser dado à sua descontextualização, não pode, contudo, a administração da SAD deixar de repor a verdade quanto ao profissionalismo e entrega inquestionáveis do plantel da equipa profissional de futebol e, claro, de todos e cada um dos seus elementos.

4 - Em nenhum momento foi sequer questionável o sentido de serviço que cada um dos elementos da equipa de futebol profissional demonstrou, no terreno de jogo ou fora dele, constituindo a atitude diária de todos os nossos atletas motivo de orgulho para quem gere recursos humanos de tal valia.

5 - A SAD reafirma a confiança total e absoluta nos elementos que compõem o plantel ao serviço da equipa de futebol profissional e, tal como foi definido pelo seu accionista maioritário – o clube – em momento apropriado, gerirá sempre os seus destinos para que nunca mais a vida do clube seja comandada de fora para dentro.
20-06-2007 21:14

[Frank Cunha]

it shows they went easy, they don't want to lose Berardo to either Porto or Sporting

a stock holder my love the team but the dollar sign always come's first

[BenficaUnited]

O n.º 10 do Benfica quebrou o silêncio que mantinha após as declarações de Joe Berardo. Embora aceitando as desculpas do empresário benfiquista, Rui Costa não deixa, em comunicado, de se revelar "magoado".

O documento, em que o Maestro recorda a carreira e a transferência da Luz para Itália ("a mais cara da época"), aos 22 anos, quando o "Benfica enfrentava uma situação financeira muito delicada", termina com a afirmação: "Mas, se é verdade que no mercado dos negócios que o Sr. José Manuel Berardo parece conhecer tão bem, o meu valor futebolístico pode ter um preço, a minha dignidade não tem!"

Comunicado de Rui Costa na íntegra

“Respeito profundamente, como sempre fiz, a opinião de todos, sobretudo dos adeptos, que são o verdadeiro coração do Clube, relativamente às minhas qualidades desportivas.

O Benfica sempre se construiu de muitas vontades e muitas opiniões. Cresci aprendendo a respeitar as opções, as diferenças e as opiniões alheias.

No entanto, considero-me magoado pela forma como o meu empenho, dedicação, profissionalismo e amor ao Benfica foram postos em causa. Tenho dado sempre, ao longo da minha vida, demonstrações claras e inequívocas da minha disponibilidade para servir o Benfica.

Recordo que, em 1994, tinha eu 22 anos, o Benfica enfrentava uma situação financeira muito delicada. A minha saída para Itália – a transferência mais cvara da época – foi siolução para a gravíssima crise do Clube.”

"Tivessem homens providenciais aparecido, nesses tempos difíceis e conturbados, a ajudar o Benfica, e talvez a minha história profissional fosse diferente. Talvez nunca tivesse necessidade de ter deixado o Clube."

Quero que fique bem claro que nada, rigorosamente nada, me demoverá de continuar a a sentir, como sempre senti, orgulho, paixão e honra por defender a camisola e os valores do Sport Lisboa e Benfica.

Aceito o recente pedido de desculpas tornado público pelo Sr. José Manuel Berardo

"Mas, se é verdade que no mercado dos negócios que o Sr. José Manuel Berardo parece conhecer tão bem, o meu valor futebolístico pode ter um preço, a minha dignidade não tem!"

Record

[simaozinho200]

sell the club be smart don't be a retart

[Daniel24]

Originally Posted by Oliver_Kahn

Berardo is full of contradictions, are you sure he wants to make Benfica improve ?

Yes I am sure he does.He was saying the other day a whole bunch of stuff about how he was a huge supporter of Benfica.So why not?

[simaozinho200]

at least one person agrees with me extra rep

[Daniel24]

Thanks Simao.I'm glad to agree with you lol.It's just common sense.He is a Benfica fan why would he betray us?

[simaozinho200]

np and u and me got the right mind set