Nigerian Entrepreneur Buys Football Club, Lusitano Ginasio Clube

A Nigerian entrepreneur, Nneka Ede, recently bought a Portuguese football club, Lusitano Ginásio Clube, Futebol, SAD.

The deal made Ede the first African woman to own a football club in Europe.

According to the club press release, “After months of negotiations with different entities, an agreement has been reached with Mrs. Nneka Ede, a sports enthusiast and entrepreneur from Nigeria, a country filled with people as passionate and fiery about football as us and which incidentally share the same green and white in their flags, towards the transfer of the ownership of the SAD to the latter that will help us in our mission to take Lusitano to the next level.”

Speaking on the deal, excited Ede said: “I am excited about this opportunity and I hope that this new chapter will deepen the already great sporting relations between Nigeria and Portugal, continue with the rich history of Lusitano club and provide a pathway for young talent to develop and shine through.”

Mrs Ede is the second Nigerian to own a club in Portugal after Kunle Soname purchased Clube Desportivo Feirense in 2015.

About Lusitano SAD

Lusitano Ginasio Clube, Futebol, SAD, also commonly known as Lusitano SAD or Lusitano de Evora, is a Portuguese sports club incorporated as a shareholding company since 2016 based in Evora and competing in the Campeonato de Portugal, third division of Portuguese football.

Lusitano SAD is the result of the transformation in 2016 of the senior team of Lusitano Ginasio Clube, a well known and popular club founded on 11 November 1911.