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Fluminense Proposes Football Corporation: Major Investment Ahead

9/9/2025

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Summary

Story summary

On September 8, 2025, Fluminense proposed a Football Corporation (SAF) to its Deliberative Council.
Lazuli Partners and LZ Sports aim to acquire 65% of Fluminense's SAF for R$ 500 million initially, totaling R$ 6.4 billion over ten years.
The SAF will oversee men's and women's football, youth categories, and futsal, while the club retains a minority stake.
A council of eight will govern, with six seats for investors and two for the association.
Voting on the proposal will occur post-presidential election, anticipated between December 2025 and February 2026.

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Story summary

On September 8, 2025, Fluminense proposed a Football Corporation (SAF) to its Deliberative Council.
Lazuli Partners and LZ Sports aim to acquire 65% of Fluminense's SAF for R$ 500 million initially, totaling R$ 6.4 billion over ten years.
The SAF will oversee men's and women's football, youth categories, and futsal, while the club retains a minority stake.
A council of eight will govern, with six seats for investors and two for the association.
Voting on the proposal will occur post-presidential election, anticipated between December 2025 and February 2026.