Rio de Janeiro court seizes 777 Partners' Vasco SAF shares, sale blocked without approval | OneFootball

A Rio de Janeiro court ordered the immediate seizure of 777 Partners' Vasco SAF shares on Thursday 14, blocking any sale or pledge without prior approval.

According to PaponaColina, the ruling by judge Maria Aparecida da Costa Bastos of the TJ-RJ granted a request from Matix Capital, the intermediary of Vasco’s 2022 football sale.

The move comes as president Pedrinho holds advanced talks to transfer control to businessman Marcos Lamacchia. The board plan to sell 90% of the football shares, and the order requires pending issues with Matix to be settled before signing.

Matix Capital, which counts former Botafogo CEO Thairo Arruda among its partners, filed the case citing concerns over an alleged financial crisis at 777 Partners. If the decision stands, the member association would need specific court approval to proceed, placing a third party with veto power over share movements.

Shareholding is split between the associativo, the former manager, and a portion under FGV arbitration. An earlier ruling returned control of 39% to the club, while the seizure targets the slice still formally held by the foreign group.

Lamacchia’s group want assurances they will not inherit legal liabilities. Pedrinho is seeking a diplomatic or legal route to ring-fence the disputed shares. The club plan to appeal in the coming days to unblock the assets and keep administrative modernisation on track.

Source: PaponaColina