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Marcelo Tinelli Serves $1.1 Million Repayment Notice to San Lorenzo

No public response followed Tinelli’s 72-hour demand for a mutual loan repayment.

Overview

  • On July 24, Tinelli lodged a legal notice at San Lorenzo’s Avenida La Plata headquarters demanding repayment of a US$1.1 million loan from December 2019.
  • His 72-hour deadline to settle the mutual loan expired without any acknowledgement from the club’s current board.
  • A court order on July 22 froze Tinelli’s personal accounts over a US$1.15 million claim by insurer Galeno tied to unpaid transfer fees.
  • Tinelli initially guaranteed dollar-denominated player payments during his tenure as vice president and later as president of the club.
  • The unresolved debt dispute intensifies San Lorenzo’s existing financial and governance crisis.