Avaí Deliberative Council approves Kactus Capital proposal | OneFootball

The Deliberative Council of Avaí Futebol Clube approved by a wide majority the investment proposal presented by Kactus Capital. The decision marks a milestone in the history of Leão da Ilha and opens the way for a new phase of management and investment in Avaí football.

The Assembly brought together approximately two hundred people at Ressacada, including council members, club members, and members of the Avaí community, showing the strong interest of supporters and members in the club’s future.

In the vote, 68% of voters were in favor of the proposal presented by Kactus Capital. The matter will now be reviewed at a general meeting of club members.

Kactus Capital, an investment management firm with 16 years of experience in the Brazilian market and linked to a major English family office, already maintains a financial partnership with Avaí in operations that have helped keep the club’s activities running. The investor group also includes professionals from the financial and sports sectors, among them former player Rodriguinho, a two-time Brazilian champion with Corinthians.

In addition to investments in football, the proposal establishes a commitment to settle the club’s historic debts, which currently exceed R$ 300 million.

The memorandum of commitment also provides for mechanisms to protect the club’s identity and assets. Ressacada Stadium will remain the property of the association, while the SAF will be prohibited from changing Avaí’s traditional symbols, such as its crest, colors, anthem, brand, and nickname. The membership-based club will retain one-third of the seats on the SAF’s Board of Directors and Fiscal Council.

Another point provided for is the possibility of future participation by supporters as SAF investors, with at least 10% of the shares to be allocated for purchase by Avaí supporters.

After more than three years of debate on the matter, the approval of the SAF represents one of the most important decisions in Avaí’s recent history, as the club seeks to reorganize its finances, strengthen its structure, and increase competitiveness on and off the field.

Photo: Rogério Kiefer / Avaí F.C.

Photo: Rogério Kiefer / Avaí F.C.

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