Mário confirms talks with BTG and values ​​Fluminense as SAF

There is the case for SAF, which is a study of, in the future, Fluminense may or may not, or should or may not, convert itself to SAF, whether or not the investor has control. For example, Atletico defend the SAF Foundation, but with the club in control. Bahia, perhaps, will be closing down the city of Grupo, too. What we heard from the head of BTG in a first conversation is that there is no point in making any changes at this time if there is no future league. If there was a league in the future, the clubs would have more value and would sell a lot better. When he talks about the league, this is not a signature of this document, because even if we sign it, we will rely on the association to form the league and it will only be ready in 2025 or 2026 – Mario, who added:

Clubs sell, on average, between 400, 500 and 600 million BRL. Fluminense, in just the last five or six years, in terms of player sales only, has sold something close to R$650 million. Our difference from the others is that we have a very good training base and it is clear that we have been able to stay on our feet. The BTG study is evaluating Fluminense and we believe Xerém alone is worth about R$1 billion. There is no number, it is a hypothetical situation, the study is not ready, but Fluminense is at least R$2 billion in our minds, without a study and in the minds of the financial institution as well. We may develop in the future and we may find other investment models yet before the league to prepare the club financially when the league is in place, the club will have much less debt and will be able to receive funds to invest in the football division.