Avaí council approves Kactus Capital investment proposal | OneFootball

Avaí Futebol Clube’s Deliberative Council approved by a wide majority the investment proposal presented by Kactus Capital. The decision marks a milestone in the history of the Leão da Ilha and paves the way for a new phase of management and investment in Avaí football.

The Assembly brought together approximately two hundred people at Ressacada, including council members, club members, and members of the Avaí community, demonstrating the strong interest of fans and members in the club’s future.

In the vote, 68% of voters supported the proposal presented by Kactus Capital. The matter will now be reviewed at a general assembly of club members.

Kactus Capital, an investment management firm with 16 years of experience in the Brazilian market and linked to a major English family office, already maintains a financial partnership with Avaí through operations that have helped sustain the club’s activities. The investor group also includes professionals from the financial and sports sectors, among them former player Rodriguinho, a two-time Brazilian champion with Corinthians.

In addition to investments in football, the proposal establishes a commitment to settle the club’s historic debts, which now exceed R$ 300 million.

The memorandum of commitment also provides mechanisms to protect the club’s identity and assets. Ressacada Stadium will remain the property of the association, while the SAF will be barred from changing Avaí’s traditional symbols, such as its crest, colors, anthem, brand, and nickname. The members’ club will retain one-third of the seats on the SAF’s Board of Directors and Fiscal Council.

Another provision is the possibility of future participation by fans as investors in the SAF, with at least 10% of the shares set aside for purchase by Avaí supporters.

After more than three years of debate on the matter, the approval of the SAF represents one of the most important decisions in Avaí’s recent history, as the club seeks to reorganize its finances, strengthen its structure, and increase its competitiveness on and off the field.

Photo: Rogério Kiefer / Avaí F.C.

Photo: Rogério Kiefer / Avaí F.C.

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