deliberation board Vasco On Thursday evening, at Nautica’s headquarters in Lagoa, it voted to include in the statute the possibility of forming the Sociedade Anônima do Futebol (SAF). This will be the first of four meetings of a Ritual approved 2 weeks ago Which, if all goes as the Board wishes, will lead to an agreement to sell 70% of Vasco Football’s shares to 777 Partners.
The signing of the binding proposal with the US group, which will guarantee an investment of R$630 million over the next three years (still R$120 million in 2022), can happen at any time of the year without any precipitating factor. But the bureaucratic process of converting the football division into SAF, which includes transferring player contracts to the new company’s CNPJ and other steps, must follow a rule set by the Brazilian Confederation: it cannot happen with the ongoing competition.
That is, in case Vasco Specifically, the club will not be able to start opposing Série B from Brazil like Vasco Da Gama became, and in the middle of the tournament, Vasco SAF and without becoming a corporation, there will not be a percentage of the shares to sell until 777, so the money won’t come in. But the Board of Directors has a plan to ensure the financial contribution even if the SAF is not approved until the start of Series B.
Roberto Dynamite, Josh Wonder and Stephen Pasco in Sao Janorio – Photo: Rafael Ribeiro / Vasco
In connection with the report, the Vasco I mentioned the following:
“The Law of the Saudi Club Federation does not limit the sporting succession of the club by the Saudi Football Association to a certain period of the season, and specifies that the substitution is made “without any sporting harm” (Article 2, paragraph 1, 2). However, if it is not possible to activate the substitution After the start of the second division, the two parties will adjust the management of football through the contract from the final closing of the operation until the end of the current season.”
In other words, the Vasco It usually deals with the bureaucracy that requires the formation of the SAF, but it will leave the transfer of contracts for players and coaching staff after the end of Series B, as defined by the Brazilian Football Confederation. The Club and 777 Partners can enter into an agreement with the proceeds going to the Association Vasco da gamma at that first moment. In this way the funds needed to close contracts and pay salaries are guaranteed.
In January, the CBF prepared a document with guidelines that clubs intending to create Sociedade Anônima do Futebol must follow. a Vasco It fits with the second method of forming the Sudanese Armed Forces, which is:
- Mode 1: The original club turned into SAF.
- Mode 2: Separate the football section of the original club and transfer its assets and rights related to football activity to the Saudi Football Association.
- Mode 3: An initiative by a natural or legal person or an investment fund to establish a SAF.
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The document discusses the fees applicable to each form and how the SAF should be reported to the CBF Web Administration, for example. Regarding the registration of athletes and coaches, he said the following:
“It will be up to the club to establish the sports links of the athletes and coaches in the system under SAF registration, in order to expedite the relevant publications in the IDB CBF. Fees applicable to the registration or transfer of athletes in the Common Border Force will not be charged in this case.
This process, which applies only to Method 2, must necessarily be carried out in a period when the club is not playing national competitions, bearing in mind that the athletes will only be able to play for the club in SAF format after completing the procedure described above. in the web management system.
It should be noted that the above period corresponds to the issue of registration of athletes and coaches for the benefit of the club in the form of SAF in the system. Any changes to Sharjah Art Foundation membership, including the entry of investors, may occur at any time.”
Last month, the Rio de Janeiro State Football Association (FARG) also drafted its version of the document with the addition that prior to the formation of the SAF, “All outstanding debts will be required to be settled in the name of the original club.”
Council members vote on Thursday
my advisors Vasco It meets on Thursday, at 19:00 (Brasilia time), at the headquarters of Nautica da Lagoa, to vote on the inclusion of SAF in the club’s articles of association.
The main debate will center on the possibility of adding an appendix to the text of Article 4, which states that a club may, “by decision of the Council of Deliberations, which will make the relevant rules, find branches in other parts of the national territory, for the same purpose specified in this Statute”.
The proposal is to include the following text:
“The club may participate in associations or associations, including the Sociedade Anônima do Futebol (SAF-Vasco), in the manner laid down in this Statute, in national legislation and in the regulations of national and/or international sports administrative entities, provided that it is approved by the deliberation board, and the quorum is checked for fixing, with half plus. one of its members, deliberating two-thirds (two-thirds) of the favorable vote.”
Other points of interest to SAF will also be discussed, such as the entry of the club president onto the SAF Board of Directors and the impossibility of any club employee taking a paid role at SAF without five years after his departure. Office. headquarters. center.
The call notice proposes a total of 11 amendments to the Bylaws, ranging from changing text to including whole paragraphs. The purpose of the meeting next Thursday is precisely to avoid any possibility of judicializing and explicitly authorizing the formation of the SAF from the Republic of Macedonia. Vasco.
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