Worrying times: Vasco face serious accusation | OneFootball

The financial crisis of Vasco took on new chapters this Friday (5). Labor creditors accuse the club of having unilaterally and without prior notice, modified the judicial recovery plan (RJ) already agreed upon. The main complaint is the removal of a clause that allowed new adhesions to the mediation system, considered a key point in the pact established.

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Pedrinho, president of Vasco, during a press conference — Photo: Bruno Murito

According to representatives of the creditors' commission, the change was made "on the sly" and weakens the security of the agreement. The dissatisfaction is so great that there are already threats of rejection of the plan at the assembly scheduled for the coming days. If this happens, the club's situation could become even more complicated, with the risk of bankruptcy being considered.

Currently, Vasco has almost 600 creditors, with 257 of them being labor-related, and an estimated liability of R$ 1.4 billion. The meeting held on September 1st between the commission and Vasco's lawyers ended in a tense atmosphere, with no progress in understanding.

In response, the club argues that the changes made are "normal and necessary", claiming that the goal is to ensure both the economic viability of the institution and the effective payment of debts.

The impasse, however, threatens to stall the conduct of the process. For the creditors, Vasco's conduct undermines trust in the established pact and may make the approval of the plan unfeasible.

With the pressure increasing, the fate of Vasco's judicial recovery remains open and should have new decisive chapters in the coming weeks.

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Pedrinho, president of Vasco da Gama • Lucas Figueiredo/Getty Images

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