Vasco rocked: Salgado and ex-chiefs linked to SAF sale issues

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Papo na Colina

·22 de octubre de 2025

Vasco rocked: Salgado and ex-chiefs linked to SAF sale issues

After a year and a half of investigations, the inquiry committee formed at Vasco da Gama has concluded its report on the sale of the club’s SAF to 777 Partners and has decided to indict former president Jorge Salgado and other former directors for alleged irregularities in the process.

The report requests that those involved present their defense within 15 days, in accordance with the club’s bylaws. The penalties provided range from a warning, six-month suspension, expulsion, or even removal from the club’s membership at Vasco.

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Former directors and council members mentioned

Among those indicted are members of the former administrative board and the review committee responsible for analyzing the SAF sale. The list includes:

Administrative board at the time:

Jorge Salgado (president)
Carlos Roberto Osório (1st vice president general)
Roberto Duque Estrada (2nd vice president general)
Adriano Mendes (vice president of Finance)
Zeca Bulhões (vice president of Legal Affairs)
Horácio Júnior (vice president of History and Social Responsibility)

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Jorge Salgado, former president of Vasco — Photo: André Durão

Other names mentioned:

Carlos Fonseca, former president of the Deliberative Council
Otto de Carvalho, former president of the General Assembly

In addition, members of the review committee were indicted:Eduardo Rua, Evanil Ribeiro, Ingor Mendes Costa, José Carlos Osório, Júlio Brant, Marco André Coelho de Almeida, Manoel Cordeiro Silva Filho, Orlando dos Santos Donin, Rafael Pina, Roberto Vallim, Rodrigo Leal Martins, Silvio Almeida (current vice president of Finance in Pedrinho’s administration) and Wagner Pereira Coutinho Filho.

Former directors Luis Manoel Fernandes and Alexandre Bittencourt were left off the list, as they abstained from approving the report that validated the sale.

Key points investigated by the committee

The final report sought to answer four main questions:

How the process of selecting 777 Partners to acquire 70% of Vasco SAF shares occurred, and who participated in that decision.
How the contract between Vasco and the American company was signed, identifying those responsible for conducting the agreement.
Whether there were payments of commissions, advisory fees, or expenses related to the sale — and if there is proof of services rendered.
How the funds provided by 777 Partners, regarding the purchase of SAF shares, were used.

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Photo: Lance

Next steps

With the report concluded, those indicted will have 15 days to present their defense before the case moves forward to an internal trial. Depending on the decision of the Deliberative Council and the Council of Honorary Members, the penalties could even result in the exclusion of those involved from the club’s membership.

The investigation marks yet another chapter in Vasco’s turbulent transition to the Football Corporation model, established in 2022, and reignites the internal debate about transparency in management and the effects of the partnership with 777 Partners, which is currently in crisis.

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