June 19, 2018 / 6:30 AM / in 3 months

BRIEF-Sporting: Auditor Sees Threat To Continuity Of Operations After Contract Terminations

June 19 (Reuters) - Sporting Clube de Portugal Futebol SAD :

* SAID ITS OFFICIAL AUDITOR PWC SEES THREAT TO CONTINUITY OF ITS OPERATIONS AFTER RECENT CONTRACT TERMINATIONS WITH PLAYERS, CONSIDERED TO BE AMONG THE MOST VALUABLE IN TERMS OF MARKET

* MENTIONS IMPACT OF 16.5 MILLION EUROS ON INTANGIBLE ASSETS

* BOARD OF DIRECTORS CONSIDERS THAT CONTINUITY OF COMPANY’S OPERATIONS IS ASSURED

Source text: bit.ly/2ynkaP7

Further company coverage: (Gdynia Newsroom)

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