Vasco: Why does the São Januário renovation hinge on another plot of land? | OneFootball

Vasco da Gama enters the final month of the deadline to seal the deal that will make the renovation of São Januário possible. The club has extended the period for SOD Capital to exercise the purchase option of the construction potential until December 12, and optimism for a happy ending is high.

+ São Januário renovation postponed? Understand

The missing detail for the agreement

The completion of the deal, however, hinges on a detail outside of Vasco. SOD Capital needs to finalize the purchase of another piece of land. This land is where the company will actually use the construction potential acquired from São Januário.

According to ge, the company maintains frequent conversations with the Gigante da Colina. SOD Capital remains firm in its position that it will exercise the purchase. The amount indicated is higher than the R$ 500 million the club initially sought.

Vasco's planning is ready

Vasco has already done its part. In October, the club and the Rio City Hall signed the definitive transfer agreement. The document gives formal authorization for CRVG to commercialize the 280,000 m² of construction potential.

The board, advised by Genial bank, is optimistic. The club has already taken steps and arranged an agreement with Botafogo. Vasco will pay R$ 250,000 per match to use Nilton Santos during the three years of construction.

Project of the new São Januário – Photo: Publicity

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