Nneka Ede, a Nigerian entrepreneur, has become the first African woman to own a European football club after buying Lusitano Ginasio Club.
Nneka Ede has full ownership of the club which last played in the Portuguese top-flight division in the 1950’s.
Nneka 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.
“And to continue with the rich history of Lusitano club and provide a pathway for young talent to develop and shine through.”
The club, in a statement 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.”
The club, which has a long and rich history spanning over a century, has Abraham Adelaja, a Nigerian forward, in his squad.