Nigerian woman becomes first in Africa, to buy a football club in Europe

Lusitano Ginásio Club is a 108-year-old Portuguese football club that is making history with its new owner Nigerian-born Nneka Ede, the first African woman owner of a European club. The club is participating in Campeonato de Portugal, the Portuguese third division.

At the announcement of the acquisition, Ede spoke of the longstanding relationship between Nigeria and Portuguese soccer, saying that she was "overwhelmingly excited" at the new chapter in the relationship with the club and said that she wants the club to provide a "pathway for young talent to develop and shine through".

The club said in a statement that the deal was signed after months of negotiations with extreme sports enthusiast, Ede.

Ede is the second Nigerian to own a Portuguese club after businessman Kunle Soname purchased Club Desportivo Feirense in 2015.