Corinthians switch managers of funds tied to Neo Química Arena | OneFootball

Corinthians announced this Friday (17) the completion of the replacement of the service providers responsible for managing and administering the funds linked to Neo Química Arena. The announcement was made through an official statement released by the club.

According to the statement, the process was conducted in accordance with the current contracts and was monitored and approved by Caixa Econômica Federal.

Photo: José Manoel Idalgo / Agência Corinthians

With the change, Asarock Asset Management becomes responsible for managing the funds, while Genial Investimentos CTVM takes over fiduciary administration.

Also according to the official statement, the measure is part of a process to improve the governance and financial management of the project. The goal, as stated, is to strengthen the control, transparency, and efficiency mechanisms in the Arena’s administration.

Neo Química Arena is one of the club’s main assets, and adjustments to its management structure are part of the strategies adopted for the stadium’s financial management.

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