Founded on 28 September 1893, Porto is one of the "Big Three" (Portuguese: Três Grandes) teams in Portugal – together with Lisbon-based rivals Benfica and Sporting CP.
Over the years, FC Porto grew as its conquests became bigger and its place in European and world football grew in establishment. The symbol of a region shocked the country and surprised the world. The 1980’s were one of the most memorable decades. In 1987 and 1988, FC Porto won the European Champions Cup, the Intercontinental Cup and the European Super Cup – an outstanding achievement and proof of the success of a special philosophy in sports.
The Centro de Treinos e Formação Desportiva Porto Gaia and the Estádio do Dragão are modern world class infrastructures. The future shines bright, as the club conquered the UEFA Cup, in the 2002/03 season, the UEFA Champions League, in 2003/04, the Intercontinental Cup, in 2004, and the Europa League, in 2010/11.
Most surprisingly, this success has been and still is being achieved without expensive signings, but instead with the multimillion sales of key players.
A closer look at Porto’s activity on the transfer market in the last decade alone shows that the club has sold players for over 550 million euros. In contrast, only 250 million euros was invested in new players. This revenue came from the sale of players such as Deco, Ricardo Carvalho, Maniche, Ricardo Quaresma, Radamel Falcao and Hulk among others. They also “sold” two of their managers to Chelsea – Jose Mourinho in 2004 and Andre Villas Boas in 2011. Their release clauses were 1.7 million and 13.3 million respectively.
In a world where transfer records are broken on a daily basis, FC Porto has created a model of economic success, based on finding young talented players from all over the world, using them to win titles and then selling them on for great profit.
However in the last 2/3 seasons, FC Porto lost their identidy hiring managers like Paulo Fonseca and Julen Lopetegui. They failed to win any silverware, contributing to the biggest hiatus during Pinto da Costa's presidency, that goes back to 2013.
“Quality, consistency and UEFA Champions League”. That's how Arsène Wenger, Arsenal coach, sees FC Porto.