Vasco SAF sale: Lamacchia and A-CAP agree, talks progress | OneFootball

The process of selling control of Vasco da Gama SAF took a significant step forward this past Monday (23rd). Businessman Marcos Farias Lamacchia met with representatives from A-CAP, the insurance company that currently controls the assets of the former manager 777 Partners. According to the Podcast Cruzmaltino profile, the meeting was considered highly productive, resulting in an initial agreement between the investor and the American company regarding the conditions for transferring the shares.

With the understanding reached between the interested party and A-CAP, the negotiation schedule enters a new phase. The next step will be a direct meeting between Marcos Lamacchia and the board of Club de Regatas Vasco da Gama, led by president Pedrinho. The goal behind the scenes is to conclude all bureaucratic and legal proceedings by the end of March, aiming to provide financial stability to Vasco’s football division for the remainder of the season.

+ Vasco SAF sale advances and agreement with Marcos Lamacchia could be finalized next month

Lamacchia’s Plans and the Statutory Challenge

Marcos Lamacchia, son of the owner of Crefisa and also heir to Banco Real and Alpha, has expressed his desire to acquire 90% of the shares of Vasco SAF. Currently, the shareholding structure is divided between the club association (30%), the portion controlled by A-CAP (31%), and a percentage that remains under arbitration dispute (39%). If the purchase intention exceeds the 70% cap, the process will necessarily have to be approved in a AGE (Extraordinary General Assembly), involving the club members’ vote.

Lamacchia’s interest comes at a time of restructuring for the Gigante da Colina, which is undergoing a judicial recovery process to settle debts. The businessman has already signed a confidentiality agreement (NDA) to analyze the club’s finances and, although he maintains a discreet profile, the negotiations are viewed optimistically by Vasco’s leadership, who are seeking a partner with greater solidity than the previous investor.

Understanding the Vasco SAF Imbroglio

The need for a new investor arises from a long legal dispute that began in May 2024. At that time, Vasco regained control of SAF in regular court, removing 777 Partners due to non-compliance with contractual clauses and signs of financial instability from the American company. Subsequently, A-CAP took over the assets of 777 and, having no interest in managing football clubs, began working together with the club association to find a buyer.

Currently, the case is ongoing in two jurisdictions: the Rio de Janeiro Court of Justice and an Arbitration Chamber. The entry of a new player like Marcos Lamacchia is seen as the key to an out-of-court agreement that would end the litigation. If completed, the sale will allow Vasco to receive new financial injections and end the legal uncertainty that has hung over the company since the collapse of the former partner.

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