A Nigerian business entrepreneur, Nneka Ede, has purchased Portuguese third division club Lusitano Ginasio Clube for an undisclosed fee, Afriupdate understands.
Ede is now the first African woman to own an European football club.
According to a statement on Thursday, Ede has secured 100 percent ownership of Lusitano Ginasio Clube founded in 1911.
The 108-years-old club last played in the Portuguese top-flight division in the 1950’s.
The statement from the club read: “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.”
Speaking after acquiring the club Ede said: “I am excited about this opportunity and I hope that this new chapter will deepen the already great sporting relation between Nigeria and Portugal,” she said.
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“And to continue with the rich history of Lusitano club and provide a pathway for young talent to develop and shine through.”
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