NEWS

Insolvent: Portugal's Former Champion Must Close Down

By July 31st, Roland Linz's former club must hand over the stadium keys. In 2001, they were still celebrating the Portuguese championship title.

Insolvent: Portugal's Former Champion Must Close Down Photo: © IMAGO / ZUMA Press Wire

The lights are going out for Boavista Porto on July 31st. This is according to a document obtained by the Portuguese daily newspaper "O Jogo".

The traditional Portuguese club has fallen into severe financial difficulties in recent years, having filed for insolvency at the end of last year and been relegated to amateur football.

In November 2025, Roland Linz's former club withdrew from league operations.

Monthly Fee Unpaid

Boavista's fate is now sealed by the fact that the monthly fee of 55,000 Euros was apparently not paid in June. This payment was necessary to maintain operations.

Therefore, the insolvency administration announced that the club must hand over the keys to the stadium and the adjacent premises by July 31st.

All departments are affected by the club's closure. In addition to football, 14 other sports were operated. The next steps are the dissolution and liquidation of the club.

Restructuring Plan Submitted

Only on Tuesday, just one day before the cessation of operations was ordered, the club submitted a restructuring plan.

Club president Rui Garrido Pereira told the Portuguese news agency "Lusa": "The board is focused on making the restructuring plan viable. With a positive vote, this could mean the end of the insolvency proceedings and the quickest possible resumption of the club's operations."

A History of Ups and Downs

In 1903, the club was founded in the eponymous district of Porto by British entrepreneurs and Portuguese textile workers.

The club experienced its most successful period in the early 2000s. In 2001, the dominance of the "big three" Benfica Lisbon, Sporting Lisbon, and FC Porto was broken, and the Portuguese championship was won. This had only been achieved previously by Belenenses in 1946.

Between July 2007 and August 2008, Roland Linz played for Boavista. The former Austrian national team striker scored eleven goals in 31 games.

In May 2008, Boavista was forcibly relegated to the 2nd league due to alleged match-fixing and fined 180,000 Euros. In 2013, the verdict was deemed unlawful, and the club was allowed to return to the Primeira Liga.

Owner Also Led Bordeaux to Ruin

Interestingly: In 2021, Luxembourgish Gerard Lopez acquired the majority shares in the club.

Besides Boavista, the entrepreneur also owns the traditional French club Girondins Bordeaux, which was recently also forcibly relegated to the 6th league due to financial difficulties.

Additionally, Lopez was the owner of Royal Mouscron, the Belgian club that had to file for insolvency in 2022 and was subsequently dissolved.

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