Vasco Football Club Records Huge Budget and Investment, Achieves Record Sales in 2023

If on the field things didn’t go as expected and the Vasco suffered to remain in Series A, outside the four lines it was a year of records. In its first full season as SAF, the club broke investment, budget and sales marks.

Souza about verbal agreement with Vasco and agreement with the Turkish team: Paulo Bracks was sent away and changed the whole scenario. It wasn’t clear whether they wanted me to stay or not.”

Despite some turbulence, such as the change of command of the SAF in the middle of the season and the delay in the arrival of the 777, significant milestones were achieved. Vasco has never invested so much and managed to sell as well as in 2023.

– We are working daily to maintain the achievements off the field and create an even more competitive Vasco on the field. Salaries are up to date and debts are being negotiated. Today, the work and professionalism of management can provide internal and external security and predictability, with the market, that Vasco has a solid and long-term project – said CEO Lúcio Barbosa, to ge.

1 of 4 Johannes Spors, director of 777, alongside Lúcio Barbosa, CEO of SAF do Vasco — Photo: Leandro Amorim / Vasco Johannes Spors, director of 777, alongside Lúcio Barbosa, CEO of SAF do Vasco — Photo: Leandro Amorim / Vasco

Biggest budget and investment in history

There was no lack of investment. Football had a budget of more than R$300 million in the current season. Approximately R$315 million was injected in 2023 alone. By far, the largest budget in the club’s history.

Resources that were not only used for hiring, but the money injected into reinforcements was also the largest in Vasco’s history. Of the 26 players signed, 10 had economic rights acquired, in operations that totaled almost R$120 million. Two others were purchased at the end of the season, in numbers that are included in the expenses for 2024.

How much did each Vasco reinforcement cost in 2023?

• Pedro Raul – 2 million dollars (about R$ 10.4 million)
• Léo – 3 million dollars (R$ 16 million)
• Lucas Piton – 3 million euros (R$ 16.5 million)
• Pumita – Around R$10 million
• Jair – 2.5 million dollars (R$ 13.2 million)
• Orellano – 3 million dollars (R$ 15.8 million), which could reach R$ 22.4 million if goals are achieved
• Léo Jardim – 2.5 million dollars (R$ 13.9 million)
• Manuel Capasso – 1.5 million dollars (R$ 7.8 million)
• Mateus Carvalho – R$300 thousand (loan)
• Paulinho – 1.2 million euros (R$ 6.5 million)
• Jefferson – R$300 thousand (loan)
• Pablo Vegetti – 1.1 million dollars (R$ 5.4 million)

TOTAL = R$ 116.1 million

2 of 4 Piton was one of the players bought by Vasco in 2023. Club settled late installments with Corinthians at the end of the year — Photo: Daniel Ramalho / CRVG Piton was one of the players bought by Vasco in 2023. Club settled late installments with Corinthians at the end of the year — Photo: Daniel Ramalho / CRVG

Throughout the year, SAF faced payment problems and delays in installments related to acquisitions. The club suffered a transferban of FIFA, outside the transfer window period. However, Vasco reached an agreement with all creditors and will close the year with its accounts resolved, salaries up to date and the promise of more investments.

Last Friday, for example, Vasco reached an agreement with Benfica and agreed to purchase defender João Victor. The club will pay 6 million Euros (R$32 million), but the total operation could reach 8 million Euros (R$43 million), according to triggers provided for in the contract. The negotiation is the second largest in Vasco’s history, behind only the purchase of Edmundo, in 1999 (US$ 15 million).

Furthermore, the club agreed in recent days to purchase two players who were on loan, Mateus Carvalho (R$2 million) and Paulo Henrique (R$4.8 million).

First acquisition spending for 2024

• João Victor – €6 million (R$32.2 million), potentially reaching €8 million (R$43 million) if targets are achieved *
• Paulo Henrique – US$ 1 million (R$ 4.8 million)
• Mateus Carvalho – R$2 million

* João Victor’s hiring has not yet been made official

3 of 4 João Victor is Vasco’s first major investment for 2024 — Photo: Pedro Loureiro/Eurasia Sport Images/Getty Images João Victor is Vasco’s first major investment for 2024 — Photo: Pedro Loureiro/Eurasia Sport Images/Getty Images

Sales also break brands

Just as it went out, the money also came in. In 2023, Vasco had the highest revenue from sales in its history.

The club sold the trio Andrey, Eguinaldo and Pedro Raul for R$114.1 million. In the cases of Andrey and Eguinaldo, however, Vasco had or will have to pass on part of the money to third parties, as it did not hold 100% of the rights. Vasco will receive around R$84 million.

4 of 4 Andrey Santos was Vasco’s biggest sale of the year — Photo: Adam Hunger/Getty Images Andrey Santos was Vasco’s biggest sale of the year — Photo: Adam Hunger/Getty Images

How much did the sale of each player yield?

• Andrey Santos – 12.5 million euros (R$ 68.4 million) *
• Pedro Raul – 5 million dollars (R$ 26.9 million)
• Eguinaldo – 3.6 million euros (R$ 18.8 million) *

TOTAL = R$ 114.1 million

* Vasco did not have 100% of the rights and had to transfer 30% of the sale

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2023-12-31 06:00:17
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