São Paulo studies a fund of R$ 200 million to invest in signings

Seeking to expand its investment capacity for 2026, São Paulo is studying with Galápagos Capital the creation of a fund of approximately R$ 200 million exclusively for player signings. The format is still under discussion and being designed, and the amount may change. The idea is for investors to contribute funds that will be used, obligatorily, for reinforcements of the professional squad. In return, these shareholders would be remunerated based on the future sale of the club’s players. The model, therefore, presupposes that the club generates revenues from future transfers in the market. Galápagos is currently a financial partner of São Paulo in the FIDC (Credit Rights Investment Fund) already used by the club and, therefore, was approached to also structure this new investment mechanism. The relationship between the parties is not new: recently, São Paulo tried with the same manager the creation of the so-called Cotia FIP, focused on the youth academy, but the project did not advance internally. However, this move does not interfere with the design of the signings fund, which is still in its own negotiations.