SAF do Vasco FAQ: GE answers the most frequently asked questions to Google

SAF do Vasco FAQ: GE answers the most frequently asked questions to Google

A new scenario raises many doubts. With 70% of Vasco’s SAF sold to 777 Partners, public interest in the topic has grown significantly in recent weeks. GE consulted Google to understand what Vasco fans were looking for on the subject.

Attention to “Vasco SAF” It is up 40% in Brazil compared to the last 24 hours with the previous period. Already SAF football growth by 560% in this period. The new times of football with corporate clubs are becoming a reality and, accordingly, increasing the search of Internet users. Since the announcement of Ronaldo Phenomeno’s acquisition of SAF do Cruzeiro at the end of last year, Brazilian clubs in SAF (Sociedade Anônima do Futebol) have seen the light at the end of the tunnel out of the financial crisis.

Questions from netizens to Google about Vasco’s SAF – Photo: Infoesporte

In the past 12 months in Brazil, the most frequently asked questions on this topic have been: What is SAF? What is SAF in football? What does SAF mean? Basically, the Sociedade Anônima do Futebol (SAF) is what has allowed football clubs to become a corporation. The Sudanese Armed Forces were born from Law No. 14193 of 2021.

With this movement to turn the non-profit association into a corporation, the clubs now have the management of a group business, with advantages in the areas of taxation, finance and employment. Besides, of course, the injection of funds to solve financial problems.

SAF specialist Vitor Lopez explained that the football division will undergo major changes from now on and that the new management model will attract greater investment to the football operation of Vasco.

– The injection of new resources, under the terms of the investment agreement concluded between the two parties, in the amount of 700 million Brazilian riyals tends to start a case of reversal of the difficult economic and financial situation that is currently exploding in Vasco. Football, which leads to the belief that better days will surely come for a Vasco fan – said Philimore Amaral’s lawyer.

Vasco fans celebrate the sale of SAF – Photo: Disclosure

According to Google Indicators, the most searched football teams next to “SAF” in the past 12 months were in Brazil in a row: Vasco, Cruzeiro, Botafogo, Bahia and Flamengo. With the exception of Flamengo, all other companies are already or are on the way to becoming companies.

Below, Google Trends has broken down the five most frequently asked questions in the last 24 hours regarding Vasco SAF. For example, “What is SAF Vasco?” and the The second most searched question about Cruz-Maltino in the last 24 hours. This is also the question with the highest growth rate for Vasco for this period, with height 700%.

In addition to SAF, other terms related to selling also appear among the most searched for, including “Vasco rico” and “who bought Vasco.” See below the most frequently asked questions about Cruz-Maltino SAF sale in the last 24 hours in Brazil and related answers on this topic:

Vasco’s SAF is the club’s corporate format. The CNPJ will open in the coming days to register the company with the Brazilian Confederation to compete in the Brazilian Series B Championship and transfer football assets, employees and shares. Forecasts are that the bureaucracy will take between 10 and 15 days.

With the approval of the partners last Sunday, the Board of Directors obtained the necessary support to activate the constitution of VASCO DA GAMA SOCIEDADE ANÔNIMA DO FUTEBOL (“Vasco da Gama SAF” or “Vasco SAF”).

What changes with the sale of Vasco?

The Vasco Football Division is now professionally managed and operated by 777 Partners, with the Vasco da Gama Consortium as the relevant minority partner. The 777 has been unceremoniously taking over since last Monday, but this is still a transitional period.

From now on, Vasco football will follow the corporate pattern, with clearer responsibilities for its officers and bearers exercising its control.

Carlos Roberto Osorio, Senior Vice President of Vasco, presents CT Moacyr Barbosa to 777 CEOs – Photo: Caio Lima/CRVG

How much was the purchase price of Vasco?

777 bought 70% of SAF definitively and committed to investing 700 million reais in exchange for 70% of SAF – 30% remained with Vasco – and assumed the club’s debts of 700 million reais.

How much did Vasco profit from selling the team?

Under the contract, R$700 million must be invested in football over the next three years. Of this total, 70 million R$ was provided as a bridging loan, which was approved by the deliberation board in March. This part of the funds has already been used by the club.

Projections are that the 777 will continue to pump R$120 million in 2022. This amount will be used to pay payroll, in the expansion and modernization of CT Moacyr Barbosa – the priority this year is the fields – and in employment. Since it is difficult to use this money in this window, most of the amount will be for the month of December, in the possible return of the club to Serie A.

The rest of the money will be invested until 2026. From 2027 onwards, the investment will be based on sports performance. If Vasco wins important titles and hits targets, the 777 will have to make a fixed minimum investment, corrected by the IPCA. If he does not have a satisfactory performance on the field, the company will have to keep the club among the top five budgets in Brazilian football.

777 is set to contribute more than 120 million OMR to Vasco by the end of 2022 – Photo: Daniel Ramalho/CRVG

What changes in Vasco with SAF?

The 777 dominated Vasco for football. Vasco became part of a global group of 777 football clubs, along with Genoa (Italy), Standart Liege (Belgium) and Red Star (France). Don Dransfield, the former Citi Group, is the CEO of the holding company. Under him, Johannes Spurs holds the position of World Football Director. Characters who will actively participate in Vasco’s decisions, but someday will not be.

In terms of governance, the VASCO SAF Board of Directors will consist of 7 members, 2 of whom are appointed by the Vasco da Gama Assembly and 5 of 777 partners, one of whom is the Chairman of the Board. The Vasco SAF Supervisory Board now consists of 3 members, with 2 members appointed by 777 Partners and 1 member appointed by the Vasco da Gama Association.

Paulo Brax, who has gone through America and Inter, will be the Executive Director of Football. He’s already been working alongside coach Carlos Brazil in recent weeks, but as of this week he should definitely take over the purse. There is caution on the part of the company, which should only announce the news in its structure after the completion of bureaucratic procedures and signatures for the formal establishment of the SAF.

Carlos Brasil, the current strongman on the Vasco soccer team, is still in Vasco, at least for this first moment. He still does not have a specific position, but the expectation is that he will work alongside Paulo Brax.

Vasco SAF organizational chart – Photo: Infoesporte

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