Vasco’s debt rises by R$350 million since SAF began, see the latest figures | OneFootball

The 4th Judicial Recovery Report of Vasco da Gama brought alarming numbers about the financial situation of the club and the Anonymous Society of Football (SAF). The document, referring to the months of April and May, indicates that the total debt grew by R$ 350 million since the creation of the SAF, aggravated by the poor management of 777 Partners, the company's manager.

According to the report, Vasco currently has 603 listed creditors, with liabilities totaling R$ 581.8 million.

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Photos: Matheus Lima/Vasco.

Situation of CRVG and SAF

At the Club de Regatas Vasco da Gama (CRVG), the debt is smaller compared to SAF, but the dependence on the company's transfers is evident. The club maintains an asset of R$ 439 million, but presents small monthly losses.

The SAF Vasco appears with an asset of R$ 504 million, but the scenario is even more serious due to the negative net worth of R$ 841 million. Despite this, there was a slight improvement in recent results: the loss in May was R$ 3.6 million, a number well below the deficit in April, which reached R$ 15.6 million.

Justice follows and Assembly will be decisive

The court extended the stay period — a period in which creditors cannot execute debts —, providing temporary relief to the club. The next step will be the General Assembly of Creditors, scheduled for 2025, which will be decisive in defining the direction of financial restructuring.

Critical situation, but with a perspective of reorganization

The report reinforces that the situation is critical, but there is an expectation of reorganization. The challenge is to balance finances and give a sustainable direction to Vasco, which is experiencing one of the most delicate moments in its recent history.

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Photo: Reproduction.

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