Vasco could seek new DIP loan in early 2026 while awaiting SAF sale | OneFootball

Vasco da Gama could seek another debtor-in-possession loan in early 2026 as it waits to conclude the sale of its SAF. Crefisa is again viewed as the leading option to supply funds.

According to PaponaColina, businessman Marcos Faria Lamacchia, 47, is negotiating directly with the board led by Pedrinho, which currently holds control of the Vasco SAF. He has his father José Roberto Lamacchia’s support to push talks forward.

Marcos is the son of Lamacchia and an heir of the late banker Aloysio de Andrade Faria, founder of Banco Real. He keeps a low profile and operates independently of his father’s companies and of Leila Pereira, Palmeiras’ president, though the Lamacchia family remains influential in discussions.

He closely followed the legal process that removed 777 Partners from control through to the approval of judicial recovery. In 2011 he founded Blue Star, an investment fund manager, and has worked as a Crefisa director and at Banco Alfa.

Vasco and the Lamacchia family declined to comment. Marcos is currently on holiday outside Brazil.

The club recently raised R$ 80 million via a similar operation with Crefisa, with funds expected to run out in January. Progress on a sale is seen as vital to stabilise finances.

The Vasco SAF shareholding is split 30% with the member-owned club, 31% with 777 Partners and 39% under arbitration. That disputed block can only be traded if the parties strike a deal or a court decision favours Vasco.

Source: PaponaColina