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Sporting predicts positive financial results
Portugal - 16 June, 2005
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The SuperLiga club is set to finish the current financial term on 31 July with liquid assets of €61m, according to a report on local media. Over the course of the next five years, the club is only expected to go without a profit in the 2008/09 season. Sporting registered a loss of €9.2m in the past term. The reason for the healthy economic position is a 20% reduction in the cost of salaries and income from TV broadcasting deals.
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