São Januário renovation: sale of building rights delays start of works | OneFootball

Vasco still does not have a set date for the start of the renovation of São Januário, the club’s main structural project for the coming years. The initial forecast was for the works to begin at the start of 2026, but bureaucratic hurdles related to the sale of the stadium’s construction potential ended up delaying the schedule.

The modernization of São Januário is considered strategic internally, both from a sporting and financial perspective. However, the progress of the project depends directly on the completion of negotiations involving the construction potential.

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São Januário, Vasco’s stadium (Photo: Leandro Amorim/Vasco)

The main progress so far has been in negotiations with SOD Capital, a company interested in acquiring most of the construction potential. The parties already have a verbal agreement, and behind the scenes, the expectation is that the deal will be concluded soon. Initially, the deadline for completion was December 12, but Vasco made it clear from the start that this period could be extended to accommodate the process — which is indeed happening.

In addition to SOD Capital, two other companies are negotiating the purchase of smaller portions of the construction potential and are at an advanced stage of talks. However, these occasional sales would not be enough to generate the necessary cash flow to immediately start the works, which reinforces the importance of the main agreement.

The new São Januário project foresees a capacity between 44,000 and 46,000 fans. This information was confirmed by Vasco’s vice president, Renato Brito, during a special edition of Lance! Talks – Rio, Capital Mundial do Esporte, held in November 2025.

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São Januário’s pitch shows stains (Photo: Pedro Cobalea / Lance!)

While awaiting a decision on the start of the works, Vasco is also studying alternatives for hosting its matches during the renovation period, with Nilton Santos stadium emerging as one of the main options. Despite optimism behind the scenes, the schedule remains undefined and the start of the renovation is still an open question.

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