Billionaire São Paulo? Massis quietly seeks bank cash injection | OneFootball

A piece of news has been stirring things up behind the scenes at São Paulo since last week.

A billion-real investment proposal is said to have been presented. A major Brazilian financial institution was at Morumbi to formalize its interest in making a large-scale financial contribution.

The information was first reported by the portal “Tricolor na Web” and later gained new details published by “Blog do São Paulo”. Sources from São Paulo’s top leadership confirmed it to AVANTE MEU TRICOLOR.

The meeting was attended by club president Harry Massis, members of the board’s inner circle, and advisor Marcelo Pepe, seen as the broker behind the rapprochement between the bank and Tricolor and as something of the president’s right-hand man, directly responsible for some of the current administration’s decisions.

The negotiation, which had been treated as a rumor on social media and in the club’s hallways for a few weeks, took on an official tone with the in-person meeting.

Marcelo Pepe’s active role in guiding the potential investor sparked a strong reaction in São Paulo’s internal politics. Some believe it is a move to boost the standing of the ruling group ahead of the presidential election at the end of the year, and that nothing concrete will come of it.

Behind the scenes, advisors and members began speculating about Pepe’s name as part of major tickets in the year-end election. The deal’s broker is now being mentioned as a possible candidate for vice president, either on a ticket supporting Harry Massis’s reelection or in a possible candidacy by Adilson Alves Martins, legal advisor and an influential figure in the ruling group.

So far, São Paulo’s board has not officially commented on the amounts involved or on the conditions required by the financial institution for the investment to go through. And the matter has been denied.

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