Vasco and Marcos Lamacchia confident ANRESF will approve Vasco SAF sale without veto | OneFootball

Despite ANRESF opening its first formal inquiry, confidence remains high at São Januário and within Almirante Participações that the sale of control in Vasco SAF to investor Marcos Lamacchia will be approved without veto.

According to PaponaColina, the CBF’s regulator is examining article 86 of the Financial Sustainability Regulations, which bars simultaneous control or influence over clubs in the same division. The review was triggered by Lamacchia’s family link, he is the stepson of Leila Pereira, Palmeiras president until December 2027.

Lamacchia’s legal team had already held preventive talks with the agency and submitted the deal’s corporate structure. Lawyer André Sica said the buyer is ready to adopt any suggestions the regulator makes, adding that the operation will go ahead and causes no concern.

ANRESF rules provide a formal route to ring-fence conflicts, a blind trust in which an independent fund manages the assets without owner interference. In Vasco’s case, this shield would be temporary until Pereira’s term ends, aiming to neutralise any grounds for a veto.

While the confidential procedure runs, with an estimated technical analysis of about one month, precautionary measures apply. Deals between Vasco and Palmeiras are suspended, covering player moves, shared training centres, coaching staff and mutual payments, and new direct credit from Crefisa is frozen, such as last year’s R$ 80 million loan. The planned R$ 150 million DIP financing before the fourth Business Court of the TJ-RJ is unaffected, as it is tied to Almirante Participações rather than the family’s credit companies.

Source: PaponaColina

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