São Paulo crisis: Casares ups bonuses, halts Cotia FIP, shifts base | OneFootball

The president of São Paulo, Julio Casares, has decided to adopt some measures amid the club’s crisis. Starting this week, the president will work from the Barra Funda training center, giving up the presidential office at Morumbis. He has also temporarily suspended talks about the Cotia FIP and decided to increase the team’s bonus, the famous ‘bicho’, in case of qualification for the Libertadores.

Last Saturday, Julio Casares had already met with the squad at the Barra Funda training center to make a pact. The conversation between the president and the players didn’t have much effect, as São Paulo ended up losing 3-0 to Mirassol the following day, but the promise to increase the bonus if the team qualifies for the Libertadores was maintained.

The information about the increase in the ‘bicho’ was initially published by journalist André Hernan and confirmed by Gazeta Esportiva.

To closely monitor the work being carried out daily at the Barra Funda training center, Julio Casares will now work on site, giving up his comfortable presidential office at Morumbis and the proximity to other club departments, such as communications, marketing, finance, legal, among others.

The superintendent of São Paulo and Julio Casares’ right-hand man, Márcio Carlomagno, will also work from the Barra Funda training center, assisting the president with various demands throughout the day.

Casares has also suspended talks about the Cotia FIP. The investment fund, which has been negotiated behind the scenes at São Paulo, aims to raise R$ 250 million in exchange for 30% of the club’s youth academy categories.

The idea is for São Paulo to use this money to improve the athlete development process, hire players and professionals for the youth teams, and pay off some debts. In return, investors will be entitled to 30% of the net income from the sale of young talents developed in Cotia.

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