[REVISION HISTORY]

Vasco members approve 90% SAF sale to Almirante Participação

17 recorded revisions of this situation.

What changed

2026-10-26 13:45 UTC → 2026-11-07 07:45 UTC · added ~~removed~~

~~In a decisive Extraordinary General Assembly,~~ Vasco da Gama members have officially approved the sale of 90% of the club’s Football Corporation (SAF) to Almirante Participações, a company led by Marcos Lamacchia and Mário Junqueira. The ~~vote, which utilized~~ decision, reached during an Extraordinary General Assembly with a ~~hybrid in-person and electronic format, resulted in 4,675 votes in favor, 437 against, and 48 abstentions. Members also approved~~ 90.6% approval rate, includes a statutory change ~~reducing~~ to reduce the club’s minimum stake ~~in the SAF~~ from 20% to 10%. The transaction is valued at approximately R$ 4 billion and includes a minimum R$ 500 million investment in football, R$ 150 million for infrastructure, and the assumption of over R$ 1 billion in ~~debts through judicial recovery. Almirante Participações is also expected to cover projected cash deficits over~~ debts. Under the ~~next five years, totaling roughly R$ 1.5 billion. The approval follows a period of intense internal conflict and regulatory scrutiny. During~~ new management, the ~~Deliberative Council's earlier approval, opposition councilman Pedro Sampaio accused President Pedrinho of receiving “improper~~ club plans a significant financial ~~advantages,” an allegation~~ shift for the 2027 season, aiming to increase monthly football investment to approximately R$ 45 million to compete with top Brazilian clubs like Palmeiras and Flamengo. While club president Pedrinho ~~denied~~ will relinquish direct command over player signings and commercial matters, he will serve as ~~a “great disrespect.” Furthermore,~~ an advisor on the SAF board. He has also announced his intention to run for re-election to lead the associative club for the 2027–2029 term. The deal remains subject to ~~external investigations.~~ regulatory scrutiny. The National Agency for Regulation and Sustainability of Football (Anresf) is investigating potential conflicts of interest ~~due to~~ regarding Lamacchia’s familial ties to Palmeiras president Leila Pereira. Additionally, the Administrative Council for Economic Defense (Cade) is conducting a confidential inquiry into the ~~transaction. Following the vote, club president Pedrinho will step down from direct command of the football department, as final responsibility for signings~~ transaction and ~~commercial matters shifts to~~ potential prior interference by the ~~SAF management. However, Lamacchia intends to keep Pedrinho involved in daily operations and strategic discussions, with~~ investor Mário Junqueira noting Pedrinho will serve as an advisor within the SAF council. Pedrinho has also announced his intention to run for re-election to lead the associative club for the 2027–2029 term. group.

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