The board of Vasco da Gama, headed by president Jorge Salgado, confirmed this Monday (21) the investment in Sociedade Anônima do Futebol for around R$700 million. The information is from Rodrigo Capelo, at GE.
According to the journalist, the group that will make the investment is 777 Partners, a company founded in 2015 and which already invests in Genoa, in Italy, and in Sevilla, in Spain.
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The negotiation lasted three months and still depends on the approval of the club members, which must occur within 90 days. The investment will be made over the years and should prioritize the club’s debts in addition to a possible renovation of the São Januário stadium.
In the same way, Botafogo and Cruzeiro have already negotiated part of the SAFs with the North American businessman John Textor and the former striker of the Brazilian team Ronaldo Nazário.
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