Home » Sport » Danilo Lavieri: Palmeiras will obtain fee from WTorre for the primary time in 9 years

Danilo Lavieri: Palmeiras will obtain fee from WTorre for the primary time in 9 years

The projection is that the peace will proceed and the membership will obtain a median of R$ 2 million monthly for the operation of the stadium with WTorre. The worth can differ in line with the variety of occasions at Allianz Parque and also will develop over time, because the contract offers for a gradual enhance within the proportion that Verdão is entitled to over totally different properties.

Now, the following step is to settle accounts between the membership and the development firm to pay the money owed accrued since 2015, which was the principle purpose for the disagreement and the struggle authorized. Step one is to reach at a standard worth.

In court docket, Verdão prices R$ 160 million, however, in his stability from final 12 months, it reveals that he has R$ 121 million out there from the development firm. The membership additionally admits in the identical doc that it owes the development firm round R$ 40 million.

WTorre modified command firstly of the 12 months and, since then, he has recognized an method with Palmeiras. There have been talks between Marcelo Frazão, the CEO of the development firm, and Cristiano Koehler, Alviverde’s finance director.

Palmeiras transferred its stadium land to WTorre till 2044 and, in trade, obtained an entire renovation of the stadium and a part of its social membership for free of charge. From 2045 onwards, the work will finish and solely Palmeiras will be capable to use the positioning.

2024-05-29 18:45:55
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