S.L. Benfica (basketball) close to reach the Top 8, and for a third season in a row Benfica managed to reach the Top 16 again in the European Champions' Cup, in 1995–96, grabbing a win against Panathinaikos, the eventual champions. This period was followed by a dark era in which Benfica was internally overshadowed by Ovarense, Portugal Telecom and FC Porto. Even though this period is considered to be a dark one, Benfica did manage to reach the LPB final once as well as winning Super Cups and finishing runners-up in the national cup and in the league cup. Also noteworthy is an
2003–04 S.L. Benfica season his presentation, he confessed that the club's limited finances would make it harder to sign players; he also said that Benfica would give their best but did not expect to dethrone Porto. Benfica inquired after Helton, and Ricardo to compete with José Moreira for the goalkeeper position. Over the course of two weeks, the club negotiated unsuccessfully with the latter and ultimately chose to stay with Moreira. The club also looked into strengthen their options at centre and at left-back, negotiating unsuccessfully with Ânderson Polga, Atouba and Júnior. Despite these failed negotiations, Benfica added Luisão, and re-signed Geovanni; both would