SAFiel 2.0 unveils Corinthians plan with 70,000-seat Arena and fan share offer | OneFootball

The SAFiel group launched phase two of its plan to turn Corinthians into a Sociedade Anônima de Futebol, unveiling SAFiel 2.0 in São Paulo on Tuesday. According to Meu Timao, the proposal hinges on a fan share offer, a bigger Arena and revamped governance.

Neo Química Arena would be expanded to 70,000 seats with statutory reservations for families and low-income supporters, and a committee would defend fans’ rights including over ticket prices.

Shares would start at R$ 250 with higher tiers, totalling 10 million ordinary shares for supporters. Investors would also take part in leadership selection.

The group targets an initial R$ 2.5 billion raise, with potential to reach R$ 12 billion in four years, in what it considers an unprecedented model in Brazil. Funds would be channelled into football, separating sporting management from the social club.

A Governance Committee and district-based elections, DT1 to DT5 by shareholdings, would spread the five board seats across five shareholder groups to curb dominant blocs. Projections include clearing debts, assets of about R$ 4 billion rising over time, royalty and fundraising income, and a calmer football environment, with the social club focused on its own agenda.

The plan will be sent again to Corinthians’ leadership and the group says it intends to keep pushing the proposal. It frames SAFiel as an open, collective project shaped with supporters, journalists and influencers, backed by technical material and a shared principles document.

Source: Meu Timao