Palmeiras: Nubank Parque expansion to be reviewed by new operators | OneFootball

Palmeiras and WTorre have made progress on the project to remove the seats from the “North Goal” section in order to increase the capacity of Nubank Parque. The plans are being prepared for approval by the relevant authorities and will also be reviewed by BTG Pactual Bank, which is close to taking over management of the stadium.

Increase in Palmeiras stadium capacity

NOSSO PALESTRA has learned that, since the end of May 2026, those responsible at the construction company and Verdão have been working on the plans needed for approval by the relevant authorities, taking into account the removal of the seats from the “North Goal” section.

The process is considered advanced; however, with the upcoming change in the management of Nubank Parque, all parties – Palmeiras, WTorre, and BTG Pactual – will meet to align the final necessary details and hear the bank’s intentions for the venue and whether it wants any changes to the initial project.

When will the Nubank Parque expansion works begin?

Because of all these factors and events already scheduled at Nubank Parque through the end of 2026,the expectation is that the works will begin only in the first quarter of 2027.

What will Nubank Parque’s capacity be after the seats are removed?

With an estimated addition of 3,500 to 4,000 seats on top of the current capacity of 43,713 fans for football matches, the stadium could reach an approximate capacity of 48,000 people. The final number, however, still depends on project approval.

Change in the operation of Palmeiras’ stadium

BTG Pactual Bank is in advanced talks to take over operation of the Verdão stadium contract later this year through the end of 2044. There are still some pending issues regarding whether WTorre will have a reduced role in this new agreement or not. Other details are being kept confidential by the parties.

In 2024, Enforce, the BTG group’s credit management company, bought the debt WTorre had taken on with Banco do Brasil related to the construction of Allianz Parque, valued at around R$ 650 million. The bank was already considering the possibility of taking over management of Palmeiras’ arena.

Recently, BTG Pactual took part in approving the deal for Nubank to purchase the stadium’s naming rights.

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