American company hires more law firms and questions referee’s impartiality at the Rio club’s SAF
777 Partners, an American company, intensified its legal actions in Brazil in the dispute over Vasco’s SAF (Sociedade Anônima do Futebol). The movement highlights the hiring of new law firms and questions about the impartiality of Ana Tereza Basílio, arbitrator appointed by the Vasco association at the g1 Arbitration Chamber. The information was released by Ge this Friday (January 17, 2025).
The controversy revolves around Ana Tereza Basílio’s professional relationship with Paulo Salomão, vice-president of Vasco, and her possible influence on the arbitration of the case.
The dispute in the FGV (Fundação Getúlio Vargas) Arbitration Chamber is at a standstill due to the resignation of Paula Andrea Forgioni, who had been appointed president of the commission. With the commission without a president and only members appointed by the parties, the arbitration process faces delays, complicating the resolution of the conflict.
Vasco seeks the termination of contracts that allowed the sale of 70% of SAF to 777 Partners, as the American company struggles to regain control.
777 Partners’ recent actions, including the hiring of new law firms in Brazil, indicate a strategy to reaffirm its position in the football market.
