Billionaire São Paulo? Massis board seeks bank cash boost | 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 formally express interest in making a large-scale financial contribution.

The information was first reported by the website ‘Tricolor na Web‘ and later gained further details published by ‘Blog do São Paulo‘. Sources from São Paulo’s top brass confirmed it to AVANTE MEU TRICOLOR.

The meeting was attended by club president Harry Massis, members of the board’s inner circle, and adviser Marcelo Pepe, identified as the man behind bringing the bank and Tricolor together and as a sort of right-hand man to the president, 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 corridors for several weeks, took on an official tone with the in-person meeting.

Marcelo Pepe’s active role in handling the potential investor caused a major stir in São Paulo’s internal politics. Some believe it is a move to boost the standing of the ruling group ahead of the presidential elections at the end of the year, and that nothing concrete will come of it.

Behind the scenes, advisers and club members began speculating about Pepe’s name as part of major tickets in the year-end election. The dealmaker is now being mentioned as a possible vice-presidential candidate both in a ticket supporting Harry Massis’s reelection and in a possible candidacy by Adilson Alves Martins, legal adviser 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.