Diego Fernandes, an entrepreneur responsible for articulating from Carlo Ancelotti to the Brazilian National Team, is already endorsed by some São Paulo investors and a Brazilian bank to invest in the club, according to CNN Brazil.
Diego talks to people linked to the club and is already looking for a research institute to understand what the fans expect from the club’s administrative future. The 40-year-old entrepreneur is São Paulo and founder of O8 Partners, who takes care of the financial life of more than 100 professional athletes, including some already retired. Among its customers, are names like Neymar and Vini Jr.
However, current President Julio Casares has a preference for Galapagos Capital, a company that currently makes the FIDC and will have a vote by the FIP (Investment Fund in Participation) of Cotia.
FIP promises to capture $ 250 million in investments for base categories. Already the objective of reducing the club’s bank debt.
Crisis on and off the field
São Paulo is experiencing difficult situation. The club accumulates debt that rotates in the house of R $ 1 billion. The situation worsened after eliminating the Libertadores. Since then, the fans have as main targets, president of São Paulo, and Carlos Belmonte, club’s soccer director.
On the pitch, Sao Paulo took the turn of the last Sunday (5), after opening 2-0 on the scoreboard. Tricolor is currently 8th place from Brasileirão, the only competition that was left to the club in 2025.
