Watchdog Approves Sale of 90% of Vasco's Football Company
Listen to the story
A watchdog is a group that checks if rules are followed.
A watchdog said yes to a big deal about Vasco da Gama.
Vasco is a football club from Brazil.
The deal is about the club's SAF. SAF means the football business part of the club.
The watchdog agreed to let someone buy 90% of this business.
Vasco also asked for an audit. An audit is a careful check of money and papers.
The buyer is named Lamacchia. His lawyer talked about the deal.
A lawyer is a person who helps with legal things.
The lawyer gave new details about the purchase. A purchase means buying something.
The lawyer also talked about requirements. Requirements are things you must do.
Regulators made these requirements. Regulators are people who check big business deals.
This is an important step for Vasco's future.
Many fans want to know the next steps.
The club will now work on finishing the sale.
Vocabulary15 words
- watchdog
- a group that checks rules are followed
- SAF
- the football business part of a club
- audit
- a careful check of money and papers
- lawyer
- a person who helps with legal things
- purchase
- the act of buying something
- requirements
- things you must do
- regulators
- people who check big business deals
- deal
- an agreement to buy or sell something
- approve
- to say yes to something
- buyer
- a person who buys something
- club
- a sports team and its organization
- step
- one part of a plan
- check
- to look closely at something
- money
- cash used to buy things
- future
- time that has not happened yet
Quiz
Answer key
1. The sale of 90% of Vasco's SAF 2. An audit of the SAF 3. Lamacchia's lawyer
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
A _____ said yes to a big deal about Vasco da Gama.
Vasco is a _____ club from Brazil.
The deal is about the club's _____.
The watchdog agreed to let someone buy _____ of this business.
Vasco also asked for an _____.
The buyer is named _____. His lawyer talked about the deal.
The lawyer gave new details about the _____.
The lawyer also talked about _____.
_____ made these requirements.
This is an important _____ for Vasco's future.