As if things weren't bad enough: Massis explains São Paulo debt | OneFootball

São Paulo is facing a new obstacle in its budget management. According to information first published by Globo Esporte, the club is one month behind on image rights payments to the professional squad.

At a meeting held last Wednesday (1) at CT da Barra Funda, the board presented the players with an assessment of the financial situation and a proposal to settle the outstanding debts.

The meeting was attended by financial director Sergio Pimenta, sporting manager Rafinha, and lawyer Felipe Carvalho — who has been providing operational support to the football department following the departure of executive Rui Costa.

During the discussion, the players asked the club’s top management about the timeline for paying the overdue amounts. In response, the directors committed to channeling revenue toward settling the outstanding payments within a maximum of 30 days, terms that were accepted by the group of players.

Management promise and impact on the transfer market

In February of this year, president Harry Massis had publicly stated that the institution would no longer face delays of up to two months in image rights payments — an issue that became recurrent during the administration of former president Júlio Casares. However, recent cash flow problems prevented that promise from being fulfilled.

Given the current scenario of economic constraints, São Paulo is expected to adopt an extremely austere approach in the transfer market.

The need for strict wage bill control should limit the search for high-cost signings or players with high salary demands during the current transfer window.

So far, the club’s only officially announced signing for the second half of the year has been forward Victor Sá, who signed with the institution until December 2029.

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