Vasco SAF sale reaches closing stage as Lamacchia talks progress | OneFootball

Vasco da Gama SAF’s sale has moved into its fourth and final stage, the closing phase, with the transfer of control to Marcos Faria Lamacchia being structured to provide strong legal certainty for the club.

According to PaponaColina, talks now centre on signing a Memorandum of Understanding, which formalises pre-agreed terms and mutual commitments. Once signed, Vasco will present the proposal to councillors, then take it to a members’ vote at a general meeting.

A key accelerator is resolving the dispute with A-CAP, which replaced 777 Partners. The plan envisages Vasco SAF purchasing the shares tied up in arbitration. Ending the case is estimated at R$ 60 million to R$ 90 million, unifying the shareholding for sale.

By buying those stakes directly, Vasco would remove the need for Marcos Lamacchia to negotiate separately with the former American partners. This is seen as a tidy legal solution that delivers a clean structure and could aid compliance with Recuperação Judicial obligations.

Lamacchia’s proposal is expected to total about R$ 2 billion across five years, targeting up to 90% of the SAF, the maximum allowed. The funding would cover recurrent costs such as wages and enable significant spend on signings and infrastructure.

Confidentiality clauses limit disclosure, but the mood around the process is optimistic and a swift decision is hoped for. A conclusion between March and April 2026 is anticipated, with supporters longing for an end to administrative uncertainty under a financially minded backer.

Source: PaponaColina