Clifford Chance advises Ithaka on its strategic partnership with FC Porto for the commercial exploitation of Estádio do Dragão

Clifford Chance advised Ithaka, a European infrastructure investment firm headquartered in Madrid, on all aspects related to its strategic partnership with the top Portuguese football club, FC Porto, for the commercial exploitation of Estádio do Dragão for the next 25 years.

Ithaka is a mid-market infrastructure fund manager. It invests thematically across the infrastructure space. Ithaka has a flexible capital mandate, investing in the form of equity, debt or structured transactions both directly in assets and the corporate level.

The Clifford Chance cross-border, multidisciplinary team advising on the deal was led by partner of our Corporate / M&A and Global Co-Head Sports & Entertainment practice Luis Alonso and counsel of our Corporate / M&A and Sports & Entertainment practice Pablo Murcia, as well as by partner of our Global Financial Markets practice Eduardo García in Madrid, and included:

Madrid: senior associate Beatriz Pérez and associate Conrado López on Spanish Corporate / M&A matters. Counsel Jesús Quesada and associates Mariana Ceballos and Yago López on Spanish financing matters, as well as senior associate James Rodier and trainee Assisi Gifford on English financing matters.
New York: partner Gareth Old and associate Matthew Cramer on US financing matters.
London: senior associates Jamie Andrew and Lourenço Limão Oliveira and associate Hari Pannum on English law matters.
Luxembourg: partner Saskia Myners and counsel Sascha Nolte on Luxembourg Corporate / M&A matters and partner Martin Wurth, counsel Eimear O'Dwyer, senior associate Margaux Felix and associates Alexandre Mereghetti and Victor Cobuscean on Luxembourg financing matters.