Nneka Ede, a Nigerian entrepreneur has purchased Portuguese club side Lusitano Ginasio Clube, Futebol, SAD. A deal, which saw her become the first African woman to own a club in Europe.

According to thepress release, the club said, “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

Nneka Ede in her statement, expressed excitement and hopes this deal will foster the great sporting relationship between the two countries.

She said, “I am excited about this opportunity and I hope that this new chapter will deepen the already great sporting relations between Nigeria and Portugal, continue with the rich history of Lusitano club and provide a pathway for young talent to develop and shine through



https://www.youtube.com/watch?v=KT1zGBe-bns



Lusitano GC has been in existence for the past 108 years and the club never won the Portuguese first division title before they relegated years back.

And since they relegated to the lower division in 1950, the club have been finding it hard to return to the topflight.

There are also reports that finance is one of the problems the side have been facing for years which has affected their progress.