ADMINISTRATORS have formally filed to request the closure of Portuguese football club, Boavista.
A Bola report the Commercial Court of Vila Nova de Gaia is handling the potential insolvency of the club.
Boavista are set to be liquidated after a recommendation from administratorsCredit: Getty
It comes after Boavista, a club who reached the semi-finals for the in 2003, became riddled with debt.
Nicknamed the Chequered Ones, the club has 123 years of rich history.
This includes winning the Primeira Liga in 2001, winning the Portuguese Cup five times and the Supertaca de three times.
But Boavista are now set to be liquidated following a recommendation from the creditors’ committee, including the Tax Authority and Somague.
The club owe £6.1million to the construction company entrusted with the development of their stadium.
Indeed, they were so short of money at one stage that electricity at the Estadio de Bessa was cut off in April after the club failed to pay its bill.
A number of players were also owed money after going months without being paid.
One of these was US defender Reggie Cannon, who terminated his contract in the summer of 2023 to join after 29 months at Boavista.
And following an appeal at the court of arbitration for sport, Boavista were ordered to pay him £350,000 (€400,000).
Boavista were banned from signing players for five windows by as a result of their financial troubles, before they were relegated from the Portuguese top flight in last place in 2024/25.
But they were also banned from playing in the Liga Portugal 2 by the country’s governing body.
They were then refused registration to the third and fourth tier, resulting in the club being set to start their season in the fourth tier.
But due to being unable to field a team and racking up losses by default, the club withdrew from the league at the end of October.
star played for the club in 2020/2021 during a season-long loan spell from Lille, managing six goals and six assists in 32 games.
England star Angel Gomes played for the club in 2020/21Credit: Getty Black Friday sport travel bargains
FORGET the air fryer and step away from the discounted knitwear.
We have some amazing sport travel bargains this Black Friday.
🎯 Save 10% off the chance to see Luke Littler at next year’s Premier League Darts nights – just use the code PLDARTS10 — BOOK HERE
⚽ And get £30 off ticket and hotel packages to Man Utd, Man City and Liverpool home games — BOOK HERE
🏇 We have a range of offers for horse racing fans, including packages to the Cheltenham Festival – and a FREE extra night at the Dubai World Cup — BOOK HERE
🏁 How about 5% off all European Grand Prix races for 2026? Unlock the deals the code FORMULAONE5 — BOOK HERE
🇪🇸 And check out this deal to next year’s Spanish Grand Prix — a 7-night trip including flights, hotel and race tickets — NOW JUST £569pp
*If you click on a link in this article, we will earn affiliate revenue.
Eze Chidiebere Paul
I'm dedicated to creating high-quality content that informs, inspires, and delights. If you have any questions or suggestions, don't hesitate to get in touch. Happy reading!
