Fluminense SAF: fund pledges R$6 billion for football and Xerém upgrade | OneFootball

The process of transforming Fluminense into a Football Corporation (SAF) has advanced another step. The fund structured by Lazuli Partners intends to invest R$ 6 billion in the tricolor football over the coming years, according to journalist Lauro Jardim from O Globo.

The estimated amount will include everything from the acquisition of players to the complete modernization of the Xerém Training Center, located in Duque de Caxias, which is the cradle of the club's youth categories and responsible for developing important players for Brazilian football.

According to the model that will be presented to the Deliberative Council in the coming weeks, Lazuli will be responsible for appointing the CEO and the financial director of the future SAF. The approval, however, will depend on the consent of Fluminense's members, in a vote expected to take place between December and January. It is worth noting that journalist André Rizek commented last Thursday that the project considers having Mário Bittencourt, the current president of the club, leading the sports management.

The project also reinforces the promise that the initial focus will be on sports results and strengthening the club's structure, before any financial return to investors.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.