Police Detail R$11 Million Cash Withdrawals at São Paulo FC as Impeachment Vote Nears

Overview

• Fantástico/G1 reported that a Civil Police inquest, opened after an anonymous complaint, is examining alleged structured diversions at the club.
• The probe cites 35 cash withdrawals from club accounts between 2021 and 2025 totaling R$ 11 million, mostly executed via armored-car pickups, with R$ 5.2 million in 2024 and R$ 1.7 million in 2025.
• COAF data included in the inquiry notes about R$ 1.5 million in cash deposits to a joint account of Casares and his ex-wife from 2023 to 2025; his defense says the funds are lawful and unrelated to club withdrawals.
• Investigators are also scrutinizing ex-director Nelson Marques Ferreira over the opening of roughly 15 franchises and companies during his tenure to assess possible links to suspected diversions.
• Casares sent a written defense to the council asserting the cash withdrawals paid operational costs such as refereeing and player bonuses, as 57 councilors push an impeachment effort that requires 191 votes for provisional removal before a members’ assembly review.