Court report shows Vasco have triple Real Madrid’s cash on hand | OneFootball

Vasco da Gama have started the year with an unusual edge, holding roughly three times Real Madrid’s cash on hand. According to PaponaColina, a recent court filing places the Brazilian club ahead on this specific liquidity measure.

The comparison concerns net funds immediately available for transfer activity. While the Spanish side’s overall revenue is far higher, Vasco’s instant liquidity has caught the eye among fans and analysts.

The judicial records state the club closed 2025 with about R$ 60 million free in cash. The figure appears in the 10th Monthly Activity Report tracking the association and the Vasco SAF.

Prepared and signed by judicial administrator Wald, the filing was lodged with the fourth Business Court of Rio de Janeiro. Real Madrid finished the last window with about 3.4 million euros available, around R$ 20 million at current rates.

At São Januário, president Pedrinho has commissioned an independent audit to review recent financial statements, chiefly the closing months of last year. The deep dive could prompt technical adjustments and is aimed at full transparency during restructuring.

The board is also progressing talks with the Procuradoria-Geral da Fazenda Nacional, PGFN, seeking a Transação Individual to address historic tax debts while preserving long term stability.

Source: PaponaColina