[REVISION HISTORY]
Julio Casares investigation and resignation
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2026-07-26 21:02 UTC → 2026-07-29 21:37 UTC ·
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São Paulo FC former president Julio Casares investigation and resignation
In early July 2026 Brazilian authorities launched a joint Public Ministry‑Civil Police probe investigation into former São Paulo FC president Julio Casares over alleged misappropriation of roughly R$ 11 million withdrawn from club funds between 2021 and 2026. Witnesses said Casares routinely took reported regular cash envelopes; envelopes, while an internal audit flagged about R$ 7 million as unaccounted. Casares resigned in March 2026 after an impeachment request and denied wrongdoing, saying the withdrawals related to match‑day operations. Later that month, investigators detailed Casares’s use of a corporate credit card, noting expenditures of also traced about R$ 1 million of corporate‑card purchases on luxury cigars, high‑end stores, upscale restaurants, medical costs and a beauty salon from 2021‑2025, items, with a partial refund of R$ 560,401.74 made recorded in November 2025 after club officials raised concerns. The task‑force continued to pursue qualified‑theft and money‑laundering charges and cited a compliance norm adopted by the club after Casares proposed it. On 26 July 2026 2025. Casares publicly rejected denied the theft allegations, allegations on 26 July, calling the R$ 11 million withdrawal claim “absurd” and asserting that insisting personal card expenses of roughly around R$ 400 000 had been fully reimbursed. He also denied involvement in On 29 July 2026 Casares announced his resignation from the club’s associate roster and from both the Deliberative and Consultative Councils, stepping down ahead of a separate “ticket lounge” irregularity scheduled Ethics and blamed internal political maneuvering for Discipline Committee hearing that could have led to his expulsion. In an open letter he cited health, family and dignity concerns and said the controversy. move would allow him to focus on his legal defence. The investigations ethics case continues to examine monthly cash withdrawals of R$ 100 000 and the corporate‑card spending, while the disciplinary proceedings remain open. The investigation and disciplinary process are ongoing, and Casares faces a disciplinary proceeding that could lead to potential expulsion from the club’s associate ranks. body pending the outcome of the ethics hearing.
Versions
- 2026-07-29 21:37 UTC Julio Casares investigation and resignation
- 2026-07-26 21:02 UTC São Paulo FC former president investigation
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