Founded in 1939, they play their home matches at Estádio do Rio Ave, also known as the Estádio dos Arcos. Built in 1985, the current stadium seats approximately 12,815 people.
Rio Ave was founded in 1939, soon being nicknamed Rio Grande (Big River). The side had two of its best moments in the 1980s, under the management of Félix Mourinho, father of José Mourinho: in 1981–82, the club finished in a joint-best fifth place, and two years later it reached the Taça de Portugalfinal, losing to Porto 4–1.[6]
Under Miguel Cardoso, Rio Ave came fifth in 2017–18, equalling their best finish.[8] Two years later, with Carlos Carvalhal in charge and Iranian Mehdi Taremi the league's joint top scorer, the club equalled this position with a new points record of 55.[9] In October 2020, the team reached the Europa League playoffs but lost at home to A.C. Milan, having conceded a penalty equaliser in the last minute of extra time and then losing 9–8 on penalties.[10] The season, under the returning Cardoso, ended with relegation after a 5–0 aggregate defeat to F.C. Arouca in the playoffs.[11]
After relegation, Rio Ave signed 35-year-old manager Luís Freire, who won promotion as champions in 2021–22 and was rewarded with a new contract.[12]
Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
Note: Flags indicate national team as defined under FIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
^Veloso Gomes, André (22 June 2022). "Oficial: Luís Freire renova pelo Rio Ave" [Official: Luís Freire renews with Rio Ave]. O Jogo (in Portuguese). Retrieved 24 July 2023.