Sponsor files for bankruptcy protection, Palmeiras consider next steps | OneFootball

One of Palmeiras’ main sponsors, Grupo Fictor, has filed for bankruptcy protection with the São Paulo Court of Justice. The debt amounts to around R$ 4 billion.

In a statement sent to the press, Verdão claimed it learned about the incident “through the media” and that the case “is under review by the club’s Legal Department so that the appropriate measures can be taken.”

The company, which operates in the food, financial services, and infrastructure sectors, requested an urgent injunction to suspend debt collection for a period of 180 days.

Agreement with Verdão

Grupo Fictor signed with Palmeiras in March 2025. In addition to being the main sponsor of the under-20 team, the brand is also displayed on the back of the men’s and women’s professional teams’ jerseys.

The initial contract lasts for three years, with the possibility of extending it to four, involving an investment of R$ 30 million. The project also includes the naming rights for an under-17 tournament organized by Verdão, which has been renamed Copa Fictor.

Read Palmeiras’ statement

“Palmeiras became aware on the morning of this Monday (2), through the media, of the bankruptcy protection request filed by Grupo Fictor. The case is under review by the club’s Legal Department so that the appropriate measures can be taken.”

Upcoming Palmeiras matches

Match: Palmeiras vs. Vitória Competition: Campeonato Brasileiro (Round 2) Date and time: February 4, 2026 (Wednesday), at 9:30 p.m. (Brasília time) Venue: Arena Crefisa Barueri, in Barueri (SP)

Match: Corinthians vs. Palmeiras Competition: Campeonato Paulista (Round 6) Date and time: February 8, 2026 (Sunday), at 8:30 p.m. (Brasília time) Venue: Neo Química Arena, in São Paulo (SP)

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