Wednesday, June 1, 2011

Strep Throat And Enlarged Spleen

Sporting Group (II)



Yesterday when I spoke about the audit that the new management will present within 5 months, I limited myself to go ahead with the assumptions that were placed in a statement.

In the last election voted for independent candidates to the Supervisory Board and Disciplinary. Have a past history of fighting for goals that are important and practical to realize that what happened in the last 15 years at Sporting.

I understand there are moments of Jobs Independent reported that the Audit Committee and Disciplinary placed on the official site about the audit that will advance in Alvalade. And it seems to me some very relevant points that are observed and because I have no hesitation in questioning the current direction, as I have always been of the opinion that in financial terms represented a continuation of what has been done so far.

Thus, it is important that you read the statement in full, but it is worth noting the following for everyone aware of it:

"Congratulate We will however, become apparent with the realization of a true management audit, which until recently was considered unnecessary by the main responsible of the current management social, and reaffirm publicly that convey very clearly about what must at least be in the White Paper to be presented:

a) Consolidated annual accounts since 1995, indicating the relationship between the various Group companies and the analysis of transfers value between them, especially those not belonging to 100%, directly or indirectly, to Sporting Clube de Portugal;

b) analyzes the financial subsidiaries of Sporting Clube de Portugal, in order to assess evidence of impairment to them;

c) Evolution of passive and active, connecting it with successive executive councils;

d) the management and development of heritage Club with a detailed explanation of core businesses and associated committees, not forgetting the sale of land in the old stadium, the construction of the new stadium and academy, selling assets, transfers of non-sports and professional football players;

e) Analysis of the annual results by functional area or business (football, sports, marketing and advertising, merchandising, heritage, etc.);

f) direct and indirect remuneration of Members of Governing Bodies and report on all entities with relations Special to Sporting Clube de Portugal and its subsidiaries and business between them.

Thus, we urge all Sportinguistas who simply reject the results of any audit that do not understand, as a minimum, all items previously listed. Less than this, and will not be before an audit can explain to Sportinguistas how did we get where we are and who brought us here. Less than this is to deceive the Sportinguistas.

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