Company Linked to Marcos Lamacchia Wins Auction for Vasco's Football Club Shares
A company linked to businessman Marcos Lamacchia has won an auction for shares in Vasco da Gama's football club, taking a decisive step toward assuming control of the club's SAF, according to reports from ge.globo.
The SAF, or Sociedade Anônima do Futebol, is a corporate structure adopted by several Brazilian clubs to separate football operations into a formal company, allowing for outside investment and professionalised management.
The auction outcome represents a significant development for Vasco, one of Brazil's most traditional football clubs, as it moves closer to a change in ownership structure through the Lamacchia-linked entity.
However, the result has triggered a public dispute extending beyond Vasco itself, drawing in figures associated with rival club Palmeiras. Leila Pereira, a prominent figure in Palmeiras' leadership, has become central to the controversy due to her husband's involvement in the Vasco auction process.
Members of the internal opposition at Palmeiras have reportedly demanded that Pereira's husband step down from his role, arguing that his connection to the Vasco deal represents a conflict of interest that could compromise his position at Palmeiras.
The dispute has escalated into a public exchange of criticism among several prominent figures in Brazilian football administration, including Bap, Pereira, Pedrinho and John Textor, all of whom have reportedly traded pointed remarks over the sale of Vasco's SAF.
Textor, an American businessman with significant interests in Brazilian football through his ownership stake in Botafogo, has previously been a visible figure in debates over club ownership structures and cross-club business dealings in the country.
The involvement of multiple high-profile figures underscores the broader tension surrounding SAF transactions in Brazilian football, where ownership changes can carry significant financial and political weight across the sport's ecosystem.
While the auction result marks a major milestone for the Lamacchia-linked company's bid to control Vasco's SAF, further procedural steps are likely required before the transaction is fully finalised.
The unfolding controversy highlights how ownership changes at one club can ripple outward, affecting relationships and internal politics at other clubs, particularly when key figures maintain overlapping business or personal connections across Brazilian football's competitive landscape.
Vocabulary5 words
- auction
- a public sale where the highest money offer wins
- SAF
- a company structure that owns and runs a football club in Brazil
- investment
- money put into something to help it grow or succeed
- opposition
- a group of people who disagree with a leader or a decision
- conflict of interest
- when someone's personal ties might unfairly affect a decision they make
Quiz
Answer key
1. A decisive step toward controlling Vasco's SAF 2. Her husband is connected to the Vasco auction process 3. True
✅ Nice work on the quiz!
Keep the momentum going — book a live English lesson with a Preply tutor.
Discussion questions
- Why might ownership changes at one football club create political tension at a rival club?
- What are the possible benefits and risks of the SAF structure for Brazilian football clubs?
- How can conflicts of interest affect fairness in football club management?
- Do you think business figures with interests in multiple clubs should be restricted? Why or why not?

