Massis confirms wage delay, rues lack of bids, on XP and Diego Fernandes | OneFootball

São Paulo president Harry Massis Júnior held a meeting on Thursday (16) with the independent niche press that covers the club. AVANTE MEU TRICOLOR was present, and we bring you everything the president said in the conversation, which could not be recorded at the request of the press office.

One of the topics Massis was most questioned about was Tricolor’s financial situation. The president presented an overview of the club’s situation and the projections for the end of the year.

The president reported that, when he began his term, he identified an outstanding issue involving three months of image rights payments and overdue salaries owed to the professional football squad. Massis revealed that this debt was split into ten installments and is being paid off. The expectation is that everything will be settled by the end of the year.

Regarding the period in which he actually took charge of São Paulo, that is, since January, the president acknowledged that the club is one month behind on payments to the players and blamed fluctuations in cash flow and the recent drop in revenue. The promise is to bring everything up to date over the course of the season.

Massis reiterated the institutional commitment to honoring São Paulo’s short- and long-term liabilities, stressing that the debt amortization schedule may extend beyond the length of his fixed term in office.

Frustration over the transfer revenue target

The club’s top executive publicly acknowledged that it will not be possible to meet the original budget plan regarding revenue from the sale of players’ economic rights, which projected R$180 million in player sales this season.

Massis himself described reaching the target as “impossible” and said there are no formal offers for São Paulo players.

Preliminary contacts and position on SAF and Morumbi

In the area of structural investment and administrative modernization, Massis denied the existence of advanced negotiations or concrete projects aimed at renovating Morumbi Stadium, securing major external investment, or changing the club’s legal structure to a Football Joint-Stock Company (SAF).

The president confirmed that there were institutional meetings and consultations involving the financial institution XP Investimentos and executive Diego Fernandes, but emphasized that the talks did not move beyond preliminary market discussions.

The president pointed out that, although he does not definitively rule out adopting the SAF model in the club’s long-term planning, the current political and administrative setup makes the immediate arrival of majority investors to take control of São Paulo’s football operations unfeasible.

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