Career
Also, it was during his mandate that the modern and sophisticated stadium Estádio do Bessa Século XXI was built. lieutenant has 30,000 seats and was the location of several matches for the 2004 Union of European Football Associations European Championship. In 2008, he was suspended by the Portuguese league in relation to a match-fixing scandal - the Apito Dourado scandal, of which he was completely rehabilitated by the official courts.
He was later sentenced to two years of suspension, for embezzlement charges, but he went to the superior courts proving that all the fiscal debts of the process were part of an agreement signed with the Portuguese state of which he paid all the installments during his presidency.
In December 2011, the Superior Court of Porto sentenced in favour of João Loureiro and revogated totally the previous decision. He demanded a compensation of 23.5 Million Euros from the Portuguese Footbal Federation for all damages the decision to relegate the club to the second division caused.
João Loureiro is a lawyer, business executive and author and was the vocalist and leader of the popular Portuguese dance-popular band BAN during the 1980s and early 1990s, with several hits, like "Irreal Social", "Mundo de Aventuras" and "Dias Atlânticos", recently considered one of the most important in Portuguese modern music They released in 2010 an album, "Dansity", very well accepted by the specialized critics.
He was also the President of the Young Lawiers Assotiation Assembly.
In 1998, he was elected deputy for the Portuguese Parliament in the lists of the party Social Democratic Party. Nowadays he works in International Consultancy. His father Valentim Loureiro, a military Major, is a famous politician, mayor, businessman and also a former chairman of Boavista Football Club.