Coritiba partner with Independiente Del Valle, sell SAF stake | OneFootball

Coritiba announced this Monday the sale of a minority stake in the club to investors from Independiente Del Valle, Ecuador. The shareholding percentage and the value of the sale were not disclosed.

The investors have committed to investing a total of R$ 500 million in the long term, focusing on the development of new athletes.

According to the statement from the Paraná-based club, the arrival of the new partners does not change the control of the SAF, and the partnership includes the construction of a new training center, improvements to the stadium, and investments in football operations.

“This move is part of a strategic decision aimed at strengthening the sports and institutional project of Coritiba,” the club published.

At the beginning of the year, there was contact between representatives of the two clubs. At the time, Coritiba executives traveled to Quito and visited Independiente Del Valle’s training center, considered one of the most complete and advanced in South America.

The investment leadership is held by Franklin Tello and Michel Deller, a businessman considered one of the richest men in Ecuador. He is influential in Ecuadorian football and made his fortune mainly in the retail and real estate sectors.

Other Investments

The Ecuadorian team also holds a majority stake in Atlético Huila, from Colombia’s second division, and Numancia, from the third division of the Spanish Championship. Coxa were champions of Serie B and will compete in the top tier of the Brazilian Championship in 2026.

Known for being a tough opponent for Brazilian clubs, Independiente Del Valle boasts a strong youth academy. The idea of the partnership is to follow the investment model and focus on developing young talents.

Independiente Del Valle

The club won the Copa Sudamericana in 2019, eliminating Corinthians in the semifinals, and in 2022, when they beat São Paulo 2-0 in the final. They also defeated Flamengo in the final of the Recopa in 2023 and are the current Ecuadorian champions.

Top players in world football have come from the club’s youth academy. Moisés Caicedo, Piero Hincapié, William Pacho, and Kendry Páez, who are currently playing in the Champions League with their respective teams, all came through Independiente Del Valle’s academy.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.