NIGERIAN ENTREPRENEUR BECOMES FIRST AFRICAN WOMAN TO OWN A EUROPEAN CLUB
Lusitano SAD is a Portuguese sports club competing in the Campeonato de Portugal. Nneka Ede, a Nigerian entrepreneur has purchased Portuguese club side Lusitano Ginasio Clube, Futebol, SAD. A deal, which saw her become the first African woman to own a club in Europe.
According to the press release seen by Nairametrics, the club said, “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.”
Nneka Ede in her statement, expressed excitement and hopes this deal will foster the great sporting relationship between the two countries. She 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.”
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.