Galo reduces debt with the sale of the rest of the mall for R$170 million
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Galo reduces debt with the sale of the rest of the mall for R$170 million
In the field or Atlético Mineiro has been growing throughout the season after many problems in charge of Eduardo Coudet, but off the field, what worries the club and the Atletica fans the most is the financial part. Before the decisive game worth a survival in the Liberators cup against athletic paranaense inside Mineirãothe Minas Gerais team managed to breathe a little about their debts since they managed to negotiate the rest of the sale of the Shopping Diamond Mall.
It is worth remembering that some time ago, the rooster had negotiated 75% of the mall’s rights with Multiplan Empreendimentossomething that helped build his current home, the MRV Arena. Now selling the remaining percentage to the Black Stone Backgroundthe value of the sale yielded a total of 170 million reais to the pocket of Athletic, with 55 million in advance and the remaining amount in installments. With that money, the main objective is to be able to relieve debts in banks due to high interest rates, as well as other legal agreements.
Atlético players celebrating against Coritiba. (Reproduction/Twitter)
With the biggest debt in Brazilian football today, reaching 1.5 billion reais, there is a recent concern with salaries for the male and female squad. It was found that the club recently delayed the payment of the previous month, only managing to settle this Monday (22) on the eve of the decision for liberatorsseen as a possible motivation for the players to save the Atletica campaign in the continental tournament.
The plan to become a Football Anonymous Society (SAF) continues to be seen as a solution to solve the gigantic problem involving debt. The conversation for a new investor continues in planning, mainly with Peter Grieve, an American businessman millionaire. The biggest obstacle for the project to come true is whether the future buyer will be able to guarantee this investment, but there is still hope for the purchase to happen this season.
Featured Photo: Image of Shopping Diamond Mall in Minas Gerais. Playback/Twitter
Galo reduces debt with the sale of the rest of the mall for R$170 million
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