PVC: All League Men – 4/6/2023 – PVC

Of the 26 clubs in Liga Forte, 24 already have approval from their Deliberative Councils to adhere to the contract with the North American investment fund, Serengetti.

The number of signatures requires a deposit of R$ 1.1 billion. If there is a single league, with 40 clubs, it will be R$ 4.85 billion.

For this, there needs to be rapprochement between Liga Forte and Libra. If not, there will be two blocks negotiating television rights separately and the advance, so close, will be just a dream.

A conflict is the transition time for Corinthians and Flamengo not to lose in relation to what they receive today. It’s fair, but not for five years, as the clubs with the two biggest fans in the country want. The current contract is for six years. Five years is like extending the current situation.

The distortion in the division of TV money only exists because of pay-per-view, a platform that may not even exist in a few years.

An ethical aspect bothers some Libra clubs. Current Vice President of Development and Projects at CBF, Flávio Zveiter is the founder of Codajás, a company whose head office is at Rua Codajás, 207, in Leblon, in the south zone of Rio de Janeiro.

The house has already been for sale and appears as the address of Flávio Diz Zveiter, in a 2020 process. The president of the CBF understands that there is no conflict of interest.

Codajás and BTG Pactual are consultants for Libra, which has the Mubadala fund as a potential investor.

Alvarez & Marsall, XP Investimentos and Livemode are with Liga Forte. There are those who see the dispute here: XP x BTG, Codajás x Alvarez & Marsall. Clubs wouldn’t need consultants if there was unity. There is not.

There is also no league and, even so, Serengetti is willing to pay R$ 4.85 billion. One wonders where the money comes from, who are Serengetti’s investors.

The last TV deal was worth R$2.2 billion in total. How much can it be worth if there is a Premier League in Brazil? A lot more. Is obvious!

To be as good as the Premier League, there needs to be competition. That is, there must be balance in the division of money.

Mubadala proposes to pay R$ 4.75 billion. He hasn’t signed with Libra yet. The fund appeared in the news for the first time between the rise and fall of Eike Baptista’s empire, at the same time that Rodolfo Landim was its executive and called a friend by the former tycoon. “I would like to invite you to be part of my holding, as a knight of the table of the eternal sun, faithful, warrior and squire, a great friend! Instead of a beautiful sword, you will receive 1% of the holding – 0.5% of the my MMX shares. You deserve it”. From my friend (ass) Eike Batista.”

It’s an excerpt from Eike’s note to Landim, which became evidence of the lawsuit by the current president of Flamengo against the former richest man in Brazil. The STJ did not give Landim reason for his request to have 1% of the shares in Eike’s companies.

The Mubadala fund was Eike Batista’s creditor. Received $2 billion in debt restructuring of X companies.

Recently, Mubadala acquired control of Metrô Rio and bought the Landulpho Alves refinery, in Bahia, an operation that Senator Omar Aziz (PSD-AM) intends to investigate, due to the price below the market and due to the proximity of the date with the arrival of the jewelry from Arabia, incorporated into the Bolsonaro family collection.

Mubadala is an UAE fund.

None of what is reported is a crime. Club officers need to look at all information. They will decide if Brazil will go back to being the country of football or if the best teams here will continue to lose to Bolívar, Aucas and Al Hilal.

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