Can Vasco still sell the SAF after court removes Pedrinho? Explained | OneFootball

A court ruling that removed Pedrinho and the Vasco SAF board does not block a sale of the football company, but any deal needs 777 Carioca LLC’s consent.

According to Globo.com, talks with businessman Marcos Lamacchia over a 90% stake remain advanced.

Judge Caroline Rossy Brandão Fonseca said suspending 777 Partners’ political and economic rights did not remove its shareholder status. Any sale needs the company’s consent or arbitral authorisation, followed by judicial approval under clause 4.1.2.1 of the Judicial Recovery Plan.

In practice, Vasco can proceed with a resale of the SAF if it secures that green light.

Lawyer and former CBF legal director Samantha Longo was appointed administrator for 60 days. She will run the SAF, reorganise governance, improve transparency and report every 15 days.

The court said the administrator may assist a sale if required, and that any opaque deal without internal approvals and either 777’s consent or arbitral sign-off will not be validated.

Control is taken from Pedrinho and the ousted board and handed to the court appointee. The door remains open for Lamacchia if all legal requirements are met.

Before Tuesday’s decision, there was optimism a Memorandum of Understanding could be signed by mid-July, formalising both sides’ intent.

The board sees urgency amid limited funds and a poor league position. Vasco sit 17th in the Brasileiro, in the relegation zone, with 20 points.

Source: Globo.com