Vasco appoints independent audit, reports R$ 60 million cash | OneFootball

Vasco have appointed an independent audit and finished 2025 with R$ 60 million in cash.

According to Globo.com, the judicial administrator Wald filed the 10th Monthly Activity Report for the judicial recovery of Vasco’s SAF and the social club with the 4th Business Court in Rio de Janeiro, covering mainly up to December 2025.

The review focuses on closing and assessing the financial statements, particularly for the final months of 2025. During the process, significant accounting adjustments could be required, with potential material impact on unaudited figures.

In light of this, the club has proposed an exceptional, temporary suspension of monthly financial statements during this period. The measure would cover the last two months of 2025 and the first quarter of 2026.

The request is intended to prevent the release of figures still subject to technical revisions that might later need correction, and to improve workflow with the court-appointed administrator.

The administrator approved financial management measures. The report cites operational sustainability and targeted infrastructure spend, notably at training facilities, plus ongoing contract reviews, cost controls and redirecting resources to strategic areas. It also notes progress with the Procuradoria-Geral da Fazenda Nacional (PGFN) on joining the Individual Transaction modality to regularise federal tax debts.

Source: Globo.com