Figures leak as Vasco finalise details with SportingBet | OneFootball

Vasco is moving quickly toward finally announcing its new commercial partner. The page Expresso confirmed the initial information reported by the profile Colina 1927 and brought new details about the ongoing negotiations with SportingBet for the main spot on the kit. The Rio-based club and the betting giant have officially entered the final stage of talks to seal the deal and sign the paperwork.

The legal departments are discussing only the final bureaucratic details of the document. The duration of the new commercial partnership currently on the table is exactly 22 months, totaling a joint working period slightly shorter than two full years. This model perfectly fits the planning drawn up by members of Vasco’s finance board to secure medium-term revenue.

Fixed amounts and million-real targets at Vasco

+ Negotiations with a betting company heat up and Vasco sets deadline for debut

The updated report revealed the real figures being put on paper. The total value of the contract includes a fixed base of around 70 million reais guaranteed for the club’s coffers. However, that amount could surpass the significant 100 million reais mark depending on the fulfillment of several targets that were pre-established in the agreement between the parties.

These contractual triggers are not tied only to the squad’s performance on the field during matches. The targets include aggressive commercial and marketing goals, such as the number of new account activations made by Vasco supporters themselves on the betting company’s platform. The management is betting heavily on nationwide engagement and the strength of its fanbase to boost this variable revenue.

Understand the change in the betting market

The current sponsorship market has recently been directly impacted and has seen a financial decline. This happened because of the new regulation of betting companies operating in the country, which requires new taxes and has slowed unchecked investment. Faced with this tough economic reality, the board sees the proposal on the table as a very safe and extremely advantageous deal.

With very little time left before the signatures are exchanged, expectations for the big official announcement are growing rapidly behind the scenes. The management is working hard to make the partnership official and stamp the shirt for the tough run of matches the team will face in the Brazilian Championship. The end of this master sponsorship drought represents crucial relief for Vasco as it looks to balance its monthly accounts.

Vasco’s shirt may soon have a new sponsor – Photo: Matheus Lima/Vasco

+ Follow Papo na Colina on social media: Thread, Bluesky, Twitter, Facebook, Instagram, Youtube, Tiktok and Google News.

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