Case Study

PGIM provides Sporting Clube de Portugal with Senior Secured Notes to refinance existing debt facility and fund stadium development

Based in Lisbon, Portugal, Sporting Entertainment. S.A is a Special Purpose Vehicle that will facilitate the development, financing, and operation of Sporting Clube de Portugal’s football stadium, Estádio José Alvalade.

Sporting Entertainment, S.A.

At a Glance

Sporting Clube de Portugal is one of the three largest and most successful football clubs in the Portuguese league. Sporting sought refinancing of an existing debt facility and funding for additional capital expenditure for their stadium. The Company appreciated PGIM’s local presence and experience of working with football clubs in Iberia and, more broadly, Europe, and thus decided to work with us on this transaction.

In 2025, PGIM provided €25 million Senior Secured Notes to Sporting as part of a larger €225 million transaction. The Company was impressed by our relationship-focused approach and our ability to provide speed and certainty of execution in a complex and customized financing structure.

We value the opportunity to have partnered with Sporting on this transaction and look forward to continue building on the relationship and contributing to their ongoing success.

Relationship Since 2025
 
Transaction details:
  • €25,000,000 Senior Secured Notes

“PGIM’s deep sector experience made them a natural fit for us to partner with for this transaction. Their relationship-focused approach and ability to execute quickly were invaluable to us"

Francisco Zenha, CFO, Sporting Clube de Portugal

<p>“PGIM’s deep sector experience made them a natural fit for us to partner with for this transaction. Their relationship-focused approach and ability to execute quickly were invaluable to us"</p>

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