Primeira Liga – GAME OF THE PEOPLE

BENFICA continued their impressive season at home and abroad with a 2-0 victory in Bruges, gaining a vital advantage in the first leg of their UEFA Champions League round of 16 tie. Although there’s the second game to come, Benfica have, unless something goes horribly wrong, one foot in the quarter-finals for the second consecutive season. Nobody predicted they would progress this far as their group stage opponents included Paris Saint-Germain and Juventus, but they finished top and went unbeaten.

Benfica, who finished third in the Primeira Liga last season, are top this time around and have lost once in 20 games, a surprise 3-0 defeat at the hands of Braga. Coach Roger Schmidt, who took over in May 2022, has revived the club and they have already scored over 50 goals in 20 games. Strikers Gonçalo Ramos and João Mario have scored 35 goals between them across all competitions.

Off the pitch, Benfica have also been doing sound business in 2022-23. In the summer, they signed midfielder Enzo Fernandez from Argentina’s River Plate for just € 10 million. After the player was part of Argentina’s World Cup triumph in Qatar, Benfica were able to sell him to cash-happy Chelsea for an eye-watering € 120 million, clearly benefitting from the post-World Cup honeymoon. In the close season 2022, the club also sold the force of nature that is Darwín Núñes to Liverpool for € 75 million.

Benfica have a business model that is generally profitable and enables them to compete on the European stage, as evidenced by their performances in the Champions League. But in the past two seasons, they have posted pre-tax losses totalling € 75 million, largely attributable to the pandemic. Their wage bill in 2021-22 was 66% of income, an improvement on 2020-21’s 103%.

Portuguese Primeira 16:02:23

		P	W	D	L	F	A	Pts	gd
1	Benfica	20	17	2	1	51	12	53	+39
2	Porto	20	15	3	2	47	12	48	+35
3	Braga	20	15	1	4	45	20	46	+25
4	Sporting	20	12	2	6	40	21	38	+19

The club continually shops smart in the transfer market and is very successful in luring players from South America, but it also develops young talent at their much-admired Seixal-based academy. Already the next group of players who could be sold to top clubs in Europe are being identified, such as midfielder Florentino Luís who is being tipped to earn Benfica another € 100 million fee very soon. Over the past decade, Benfica have earned more than € 700 million in profits from player sales.

Porto, who are five points behind Benfica in the Primeira Liga, have also fared well in the transfer market this season. They sold Fábio Vieira to Arsenal for € 35 million and Vitinha to Paris Saint-Germain for € 41.5 million. They also have a player that has been eyed by clubs from England in the form of 25 year-old Brazilian strike Galeno, who rejoined Porto for € 9 million from Braga a year ago. Galeno is among the leading scorers in the Primeira this season. Porto are also in last 16 of the Champions League and are up against Inter Milan. Their two defeats include a 1-0 loss at home to rivals Benfica.

Braga, who are part-owned by Qatar Sports Investments, are in third place and eight points clear of the other member of the Portuguese “big three”, Sporting Clube de Portugal, who were champions two years ago and went very close to retaining their title in 2021-22. Sporting’s manager, Rúben Amorim remains one of the most coveted coaches in Europe and at some point, the club may have to wave farewell to him. Leeds United, for example, were reported to be interested in him when they sacked Marcelo Bielsa and more recently, Jesse Marsch. Braga and Sporting both have some promising young players and in the recent transfer window, Braga sold Vítor Oliveira to Marseille for a club record € 32 million.

Benfica have over 100 graduates from their club playing across European football with a current value of € 670 million (source: CIES Football Obervatory). Portugal is, generally, very proficient in player trading, so much so that the country is the main taker of Brazilian talent (18.9% of all Brazilian football expats) and the migratory path from Brazil to Portugal is the most travelled route in world football. The top export market for Portuguese football is England.

Given the number of players developed in Portugal and the heritage and strength of its leading clubs, there is an argument that the Primeira Liga is just as important than France’s Ligue 1. Portugal is ranked sixth at the moment among European leagues. Admittedly, there is a huge gap in Portugal between Benfica, Porto and Sporting and the rest of the league, but Portugal has two European Champions (Benfica 1961, 1962; Porto 1987, 2004) to France’s one (Marseille 1993). Much depends on TV rights in modern football and the league has just invited tenders for TV rights for 2023-24 to 2025-26. The future of Portugal’s football really hinges on a fair distribution of broadcasting revenues as much as its player trading and development skills.

The imbalances in Portuguese football can be clearly seen in the transfer activity – in the past five seasons, Benfica and Porto have spent € 347 million and € 209 million respectively, whereas a team like Maritimo could only spend € 1.8 million and their net outlay was just € 500,000. Similarly, Benfica average 55,000 at their Estádio da Luz and Porto draw almost 46,000. At the other end, Portimonense get crowds of little more than 2,000 and FC Arouca just 1,800.

Benfica and Porto have a good chance of securing a place in the quarter-finals of the Champions League, while Sporting should win through their Europa knockout play-off against Denmark’s Midtjylland. Meanwhile, in the Conference League, Braga and Serie A’s Fiorentina meet in a well balanced tie. It is not inconceivable that Portugal could have four representatives in the quarter-finals of UEFA’s three competitions.

THE PORTUGUESE Primeira Liga could be one of the most interested title chases in Europe this season. It’s no surprise that the contenders are Porto, Sporting and Benfica, but there’s been something of a shift in the balance of power in Portugal and the club we always associate with the Iberian nation, Benfica, is struggling to keep pace with the other members of the “big three”.

Porto ended 2021 with a 3-1 victory against the Eagles of Lisbon and thus remained unbeaten in league games for the calendar year, a remarkable landmark even in such an imbalanced league. For Benfica, who replaced their manager, Jorge Jesus at the end of December, it was another blow to their sagging confidence. Prior to meeting Porto, Benfica had been beaten twice in the league, both at home and their most recent setback was at the hands of Sporting, their Lisbon rivals. But they had also qualified for the last 16 of the UEFA Champions League, no mean feat given they had Bayern Munich and Barcelona in their group and they face Ajax in February.

There were stories that Jesus had “lost” the dressing room and that he was eyeing a return to Brazilian club Flamengo. The combination of player unrest, which came to a peak with an altercation involving club vice-skipper Pizzi and the coach, a defeat against Sporting and the cup defeat at Porto probably combined to force the Benfica management to act.

As Jesus recently said, Benfica have to be challenging for honours, so with the league drifting away and a cup exit, two possible prizes already look beyond them. Such a situation was always going to be unpalatable for the people upstairs but even then, the parting of the ways was an emotional event, with club president Rui Costa and Jesus embracing. “I never wanted to be the problem at Benfica,” said Jesus. “I wanted to be part of the solution”.

Benfica’s solution was to appoint Nélson Veríssimo and the Porto clash was his first game in charge. Unfortunately, the 3-1 defeat was worse than it looked as Benfica were poor and are now seven points behind Porto and Sporting.

Primeira Liga, top four

		P	W	D	L	F	A	Pts	g.d.
1	Porto	16	14	2	0	41	9	44	+32
2	Sporting	16	14	2	0	30	7	44	+23
3	Benfica	16	12	1	3	47	15	37	+32
4	Braga	16	9	4	3	30	16	31	+15

League Table as at January 1, 2022

Sporting surprised many pundits by winning the league in 2020-21, but they’re back at the top this year and the second half of the campaign is likely to be a two-way battle between the Lions and Porto for the title. Sporting also fought their way through to the last 16 of the Champions League and will meet Manchester City. This was an achievement given they lost their first two games in the group against Ajax and Borussia Dortmund. There’s a warning for Benfica as Ajax emphatically completed the double over Sporting, 5-1 and 4-2.

Sporting and Porto were recently penalised by UEFA for “non-compliance” with Financial Fair Play rules. Sporting were fined € 250,000 and Porto € 300,000. Importantly, there are two Portuguese clubs in the Champions League last 16 for only the second time in the past decade.

Porto never made the cut in the Champions League having finished third in a tough group that included Liverpool, Atlético Madrid and AC Milan. They have the consolation of Europa League football and face Lazio in the next round. Portugal have a fourth club in the knockout stages in the form of Braga, who have been drawn against Sheriff Tiraspol.

Braga won the Taça de Portugal in 2020-21, beating Benfica in the final, and are currently in fourth place, but they are too far behind to make a title challenge. They have, however, established themselves as Portugal’s fourth club, consistently present in the upper echelons.

Portugal remains one of Europe’s best producers of talent and the top clubs have become experts at player trading, notably in bringing players from Brazil to Europe. Reigning champions Sporting, for example, are renowned as a club that develops its own players – around half dozen of their regular line-up has come through its youth set-up at some stage of their careers. Cristiano Ronaldo, of course, is a past product of Sporting’s system. Portugal, generally, is not only committed to nurturing young players, it is also good at producing top coaches.

The Premier League, in particular, has a penchant for Portuguese players. There are around 20 Portuguese among Premier squads, although nine players are employed by Wolverhampton Wanderers. The market attraction of Portugal’s best players was evidenced in Euro 2020 when only six of the 26-man squad were playing domestic football.

Currently attracting envious glances is Sporting’s Pedro Gonçalves, who netted 23 goals in the Primeira last season from midfield. He was voted the young player of the year in both 2019-20 and 2020-21.

There is a growing feeling that the Primeira Liga is now stronger than France’s Ligue 1, which has been ranked among the top five for a few years now. Although UEFA’s coefficients would suggest France is marginally ahead of Portugal, the fact that Ligue 1 is invariably a one-horse race does indicate a lack of strength in depth. The UEFA data gives France’s top four clubs (PSG, Lille, Lyon, Marseille) and average of 60,000 points, while Portugal’s big four have an average of 56,250. Over the past five years, whenever Portuguese and French clubs have met, the Primeira Liga comes out on top with a 75% win rate.

It is not easy to envisage Portugal becoming a more democratic football landscape given the massive financial gulf between its top clubs and the rest of the Primeira Liga. Benfica, Porto and Sporting all draw big crowds, with Benfica enjoying more than 50,000 per game, but at least 12 of the 18 top flight clubs survive on 10,000 and lower. However, it is far more realistic to anticipate the big three becoming more competitive on the international stage. It might not mean that their will be a fifth Champions League title to celebrate, but for Benfica, Porto and Sporting to look the continent’s elite in the eye would be something in the modern age of football.