São Paulo received a transfer ban from FIFA for not paying the commission owed to Calleri’s former manager. It is the second punishment in a few months – in August he had already been punished for the late installment of Bobadilla with Cerro Porteño (around US$300,000).
The club’s total debt today is around R$900 million (an approximate number, but no one disputes the hundreds of millions).
This package has everything: operational, taxes, banks, investment funds, labor agreements, etc.
That the Julio Casares management is far from deserving any ISO 9000 seal is already a consensus among fans and analysts.
The president’s interviews rarely clarify anything concrete and push practically every problem to “the future” or “the next window”.
Meanwhile, the one who has been talking a lot is former director Carlos Belmonte, who asked to leave and now gives great interviews (especially the one from Jovem Pan, with surgical questions).
Belmonte insists that “investing in a strong team is the fastest way to reduce debt”. It makes sense on paper, but the majority view of experts, tax advisors and even more pragmatic fans is different: first put the house in order (or at least stop it from sinking), then put together a competitive squad.
Palmeiras and Flamengo are living examples here in Brazil.
In Europe, then, it’s class after class: Leeds, Portsmouth, Bordeaux, Valencia… clubs that go into crazy debt to win cups usually fail 3-5 years later, without exception.
Opera summary: a big team cannot live on promises and PowerPoint alone.
Without financial control, the title becomes expensive pyrotechnics and the hole only gets bigger.
*This text does not necessarily reflect the opinion of Jovem Pan.
