SAF sale moves on, but Vasco and Marcos Lamacchia split over revenue | OneFootball

Vasco is getting closer and closer to sealing the sale of 90% of its SAF to businessman Marcos Lamacchia, son of José Roberto Lamacchia and stepson of Leila Pereira, president of Palmeiras. Despite the optimism from both sides after last Tuesday’s meeting, one key issue is still holding up the signing of the memorandum of understanding: the destination of extraordinary revenues. The board led by Pedrinho is demanding that 100% of the amounts earned from player sales be mandatorily reinvested in the football department.

Lamacchia, on the other hand, disagrees with the requirement. The investor believes the money should be managed according to the company’s overall needs, without pre-established commitments that limit the use of resources. If Vasco insists on this “restriction,” the businessman signals that the overall value of the offer — estimated at more than R$ 2 billion — could be reduced to balance the planned investments.

+ Pedrinho decides to sign the sale of Vasco SAF with José Lamacchia’s approval

Consensus on infrastructure and debts

Despite the deadlock, the negotiation has already advanced on fundamental pillars. There is an agreement on minimum investments in transfers, payroll, and the modernization of the Moacyr Barbosa training center. The new investor will also assume the debt of the members’ club and the SAF, following the court-supervised restructuring schedule. The expectation is that a middle ground will be reached still in May, allowing the formalization of the purchase intention.

Below, check out the details of the current ownership structure and the projections for the new agreement:

Vasco SAF — Structure and Investments

Expected signing of the memorandum: May 2026

Next steps and caution

Pedrinho has adopted a cautious and transparent stance in recent talks, prioritizing Vasco’s legal security to avoid the mistakes made in the previous contract with 777.

The club believes that Lamacchia, because of his family ties and background in sports, may make investments that exceed the mandatory minimums, turning Vasco into one of the country’s greatest financial powers starting in the second half of 2026.

Pedrinho and Marcos Lamacchia – Photos: Reproduction

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