Almirante Participações wins auction for 90% of Vasco da Gama SAF

Almirante Participações, led by businessman Marcos Lamacchia, has won the judicial auction for 90% of Vasco da Gama's Football Corporation (SAF). The winning bid involves a total transaction value of approximately R$ 3 billion, including the assumption of debts and judicial recovery obligations.

The investment plan includes R$ 500 million dedicated exclusively to the men's football department, R$ 120 million for the training center over ten years, and R$ 30 million for youth categories. The agreement also prohibits the sale of shares or dividend distribution for a period of ten years.

Despite the auction victory, the deal is not yet finalized. It requires approval from Vasco's Deliberative Council and a vote by members in an Extraordinary General Assembly. Additionally, the National Agency for Regulation and Sustainability of Football (Anresf) and the CBF are investigating potential conflicts of interest, as Lamacchia is the stepson of Palmeiras president Leila Pereira.

In Palmeiras, opposition groups have called for the resignation of José Roberto Lamacchia from the Deliberative Council, citing potential conflicts of interest regarding the financing of a direct rival.