Soccer
Botafogo and São Paulo are tied and the decision of Flamengo's possible opponent will be decided next week
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Club trusts in well-conducted process to maintain value of R$ 138 million, but Justice may increase amount
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Flamengo purchased the land for R$ 138,195,000.00 for the construction of the new stadium, but they still don't know if this will be the total amount to keep the space in the Gasometer region. The rules of the city council's notice place responsibility for possible losses in court on the club's account, in the dispute between Caixa Econômica Federal (CEF) as litigant.
Articles 11.7 and 11.8 of the final version of the notice, dated July 9, make clear the obligation of the successful bidder (Flamengo ) in the payment of "any difference, if any, between the value of the winning bid at the auction and that fixed in the expropriation process".
In the terms of purchase and sale of the property, the club undertakes to assume any judicial liens, taxes, tariffs and fines levied on the property, "renouncing, irrevocably, the right to subsequently charge such amounts from the Municipality".
For the lawyer specializing in administrative law Francisco Defanti, these conditions create some uncertainty about the final amount to be paid by Flamengo to take over the land in the central region of Rio de Janeiro, in addition to directing any possible loss to the club.
"There is no up or down parameter low. The value could be very high. It's a risk. It is the main risk that Flamengo runs. For any bidder who enters this model, the risk is this: you don't know what the value set by the judge will be up front. And Flamengo is committed to paying the difference that may be determined by the judge. This is both in the notice and in the promise of purchase and sale" - said Defanti in an interview with the portal "Lance".
Flamengo trusts in well-done expertiseFlamengo is aware of the litigious process ahead and calculated the risks before entering the auction. This is what the report heard from sources linked to the red and black board. the winning bid, but trusts in the expertise carried out by the city hall and in the studies that indicate an appreciation of the site no greater than R$ 240 million.
Lance spoke with members of the club's Deliberative Council who raised the issue! to the board. Behind the scenes, the directors showed confidence in dialogue with the parties involved, despite the inevitable legal fight. When contacted by the report, Caixa reported that it "does not comment on judicial matters".
It may be that. the value is actually higher. And this is done through expertise. The expert may identify this value as above or below the value set by the City Hall. I think it's very difficult for City Hall's assessment to be wrong. I imagine that the City Hall's assessment is reasonably correct - added Francisco Defanti.
Expropriation processIn recent days, Caixa returned to court to ask for the annulment of the auction won by Flamengo. The bank criticized the allegedly biased process to favor Flamengo and criticized the amount of R$138.2 million. The entity is the administrator of the investment fund that owns the property.
Before the notice, Flamengo offered R$250 million to reach an agreement with the current owners. The expropriation process could have been carried out amicably, but there was no agreement. For this reason, the City of Rio initiated the expropriation process because it considered the property "abandoned and without fulfilling its social function".
Now, an expert was appointed by the Court to determine the value of the property. Any possible divergence with the assessment made by the city hall will be resolved by the judge.
The teams play the first game of the quarterfinals at 7 p.m.
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Tite defined Flamengo and announced the 11 starters who will face Peñarol, this Thursday, at Maracanã, at 7pm. De la Cruz returns to the starting lineup in place of Léo Ortiz, and Alex Sandro and Plata were retained. The duel with the Uruguayans is the first between the teams in the quarter-finals of the Copa Conmebol Libertadores.
Follow the Red and Black lineup:Rossi, Varela, Fabrício Bruno, Léo Pereira and Alex Sandro; Pulgar, De la Cruz, Gerson and Arrascaeta; Plata and Bruno Henrique.
Alex Sandro and Plata, debutants in last Sunday's classic, remain in the team after having good performances in the draw against Vasco. Gabigol is now out of the relationship due to fibrosis in the posterior muscle of his right thigh. Flamengo, in a statement, reported that the athlete did not suffer any injury in the region. Check it out:
"The Clube de Regatas do Flamengo informs that the athlete Gabriel Barbosa underwent tests that did not diagnose an injury to the posterior muscle of his right thigh. However, the Technical Committee opted for precaution and did not list him for the duel against Peñarol due to fibrosis in the region. Gabi is handed over to physiotherapists and physical trainers for the series of decisive games of the season."
Match starts at 7pm this Thursday
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Flamengo faces Peñarol (URU) in the first game of the CONMEBOL Libertadores quarter-finals and, here, you can watch the broadcast, live, with 2h30 of pre-game, interviews, the team's arrival at Maracanã and everything more.
Follow the match live here:
Luiz Eduardo Baptista reveals plans for a 70,000-seat arena at Gasometer
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One of Flamengo's presidential candidates, Luiz Eduardo Baptista, better known as BAP, announced that the club's possible new stadium should cost approximately R$2.5 billion. The project, which aims to build an arena in the Gasometer region, in the center of Rio de Janeiro, foresees a capacity for 70 thousand fans. The statement was given in an exclusive interview with Lance!, as part of a series with all the candidates for the red-black election, scheduled for December this year.
BAP, when estimating the value of R$ 2.5 billion for the construction, highlighted that the club will face legal challenges regarding the acquisition of the land, which belonged to a fund administered by Caixa Econômica Federal and was expropriated by Rio City Hall. He believes that there will be a legal imbroglio over the area, but he was confident in overcoming these obstacles.
“I estimate that a stadium of 70 thousand seats will cost around R$2.5 billion. I am absolutely sure that there will be a legal battle, because, in Brazil, this ends up being politically influenced as well. We hope that, with the team we have, we can overcome these challenges and find a solution that benefits all parties involved — Caixa, the Caixa fund, the City Hall, the State government, the fans and Flamengo”, stated the candidate .
Another point addressed by Luiz Eduardo Baptista was his opposition to the purchase of Leixões, a second division club in Portugal. The CRF is in negotiations to acquire the Portuguese team with the aim of strengthening the club's internationalization, but BAP was vehemently against the idea.
“Flamengo gains absolutely nothing from this. It's a waste of time and energy, a terrible idea for the moment the club is going through. If I am elected, at whatever stage this project is at, it will be immediately cancelled”, he declared.
The election to choose the club's new president will take place in December and will define who will lead Flamengo for the next three years. BAP is one of the strong names in the electoral race and seeks to implement a modernization project, focusing on the club's infrastructure and finances.
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