The 2006–07 season was Futebol Clube do Porto's 96th competitive season, 73rd consecutive season in the top flight of Portuguese football, and 113th year in existence as a football club.
The Dragões would progress through the Champions League group stage by finishing second in their group behind Arsenal. The Portistas would be eliminated in the following round, the first knockout round, by English side Chelsea who were led at the time by former Porto coach José Mourinho. Porto were defeated 3–2 on aggregate over two legs.[5][6]
In the last game of the league season, the Azuis e Brancos would claim a twenty-second league title after a 4–1 home victory over Desportivo das Aves.[7]
26: Porto suffer their first loss of the season after they lose 2–0 to English side Arsenal in their second UEFA Champions League group stage match.[25]Thierry Henry and Alexander Hleb scored Arsenal's goals which granted the Gunners with three points.
28: A late headed goal from Brazilian striker Bruno Moraes gives the Azuis e Brancos a 3–2 home win over rivals Benfica in Porto's second Clássico game in the space of six days.[29]
November
1: Porto earn a second consecutive Champions League group stage win after a 3–1 away win at Hamburg's Volksparkstadion.[30] A first half wonder strike from Lucho González, and second half goals from Lisandro López and Bruno Moraes gave Porto the three points.
21: Porto obtain a third consecutive group stage win by defeating CSKA Moscow 2–0 at the Lokomotiv Stadium. Ricardo Quaresma and Lucho González scored Porto's goals.[31]
6: Porto draw 0–0 at home with Arsenal in the last game of the Champions League group stage, and miss out on claiming first place in Group H.[33] The Portistas would finish the group stage campaign with eleven points.
26: A 17th-minute goal from União de Leiria's Damien Tixier inflicts on Porto a second league loss of the season.[37]
February
21: The Azuis e Brancos tie their first leg round of 16 tie against José Mourinho's Chelsea. Porto opened the scoring through Raul Meireles on twelve minutes, but their lead was cancelled out four minutes later through Ukrainian striker Andriy Shevchenko.[38]
March
6: Despite an early Quaresma goal in the second leg of Porto's Champions League tie at Stamford Bridge, Ferreira's side would bow out of the competition after second half goals from Dutch winger Arjen Robben and German midfielder Michael Ballack which provided the Blues with safe passage to the quarter-finals.[39]
11: Porto release Croatian striker Tomo Šokota after two seasons at the club.[40]
April
May
20: A 4–1 home win over Desportivo das Aves in the last game of the league season, sees the Dragões win a 22nd Primeira Liga title.[41][42]
Squads
First team squad
Stats as of the end of the 2006–07 season. Games played and goals scored only refers to appearances and goals in the Primeira Liga.