The SAFiel project presented a proposal to professionalize football management and involve fans to resolve Corinthians’ multibillion-dollar debt, but the club suffered a blow. Companies pursuing this initiative have been held back from compliance for a variety of reasons.
The first is that it has a short lifespan. We understood that Corinthian Compliance was a company with no experience in the market. This is due to the fact that it was actually created with this specific purpose.
Second, the company declared itself low-capitalized for the project, to which it plans to contribute R$2.5 billion. In that case, it would be an asset that is not in line with the company’s proposal and would require a strong investor.
The third main reason is that one of SAFiel’s creators, Mauricio Chiamatti, had a non-disclosure agreement with former president Augusto Melo, and he signed the non-disclosure agreement because he needed to know the club’s financial situation in order to know how he could help.
Those who evaluated the company’s data at the club saw evidence that this information was used in the proposal to Corinthians. In addition, Mr. Chiamatti is also participating in a lawsuit that has already been filed in his name involving another company related to the Bitcoin market.
About The Author
