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Vasco in Talks With Marcos Lamacchia on Potential SAF Sale

Control remains contingent on multi-party approvals, with 39% of shares tied up in arbitration.

Overview

  • Club officials confirm conversations with financier Marcos Lamacchia about a possible acquisition of Vasco’s football company, with no deal finalized.
  • A-CAP holds 31% tied to assets of former partner 777 Partners, the associativo controls 30%, and the remaining 39% is under arbitration between A-CAP and Vasco.
  • Any path to majority control would require agreements with A-CAP and the club’s associativo while accommodating the ongoing arbitration.
  • Crefisa granted a R$80 million DIP loan in October backed by 10% of SAF shares after the offer was deemed the most competitive by Vasco’s board.
  • Reports highlight Lamacchia’s independent finance career as Blue Star’s CEO and note club statements separating personal ties to José Roberto Lamacchia from any institutional role for Leila Pereira due to her Palmeiras presidency.