Vasco’s SAF sale set for judicial auction today as Almirante Participações emerges sole qualified bidder | OneFootball

Vasco face a pivotal day as shares in Vasco SAF are auctioned at 14:00 in Rio’s West Zone, with Almirante Participações, owned by investor Marcos Faria Lamacchia, the only qualified bidder in a closed hearing and expected to be confirmed as buyer.

According to PaponaColina, the auction arises from judicial recovery rules letting the initial bidder match any rival offer. Even if confirmed today, control would not pass immediately, with steps to complete before a contract.

The plan must still be reviewed by the Conselho Deliberativo and voted on at the Assembleia Geral Extraordinária, AGE. It also needs Anresf approval, which is assessing any conflict because the buyer is the stepson of Palmeiras president Leila Pereira.

This week the prospective owner deposited R$ 27 million in court to cover two years of recovery plan duties and protect labour rights. Judges earlier approved a R$ 150 million emergency credit line, with R$ 65 million used for bonuses and overdue instalments and R$ 85 million available.

Legal disputes from the previous regime have been settled, enabling progress without threat of injunctions. 777 Partners withdrew cases and appeals, while isolated creditor moves to block the hearing or pursue old debts were dismissed or dropped ahead of the session at São Januário.

With finances secured and the civil path cleared, supporters hope for a favourable outcome later today. Confirmation of the winning bid would open the way to restructure finances and upgrade the training centre, restoring investment capacity and competitiveness domestically and continentally.

Source: PaponaColina

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