São Paulo renegotiates R$2.1m debt with its production company

According to Placar and Gazeta Esportiva, São Paulo has acknowledged a debt of R$2.1 million to Gutierres Filmes and renewed its contract with the company.

São Paulo has renegotiated its debt with its audiovisual content production company. According to Placar, the club will pay the amount of R$2.1 million over 22 months to Gutierres Filmes. The contract has also been renewed until 2030, according to the same source.

Gazeta Esportiva confirms the debt and specifies that the renewal runs until December 2029. The club has set new payment terms and reduced the monthly cost, the outlet reports.

Globo's headline mentions the use of counterparties as part of this renegotiation.

Sources

  1. ge (Globo)São Paulo utiliza contrapartidas para renegociar dívida de R$ 2,1 milhões e renovar com produtora (new window)ge.globo.com
  2. PlacarSão Paulo tem dívida de R$ 2,1 milhões com produtora (new window)placar.com
  3. Gazeta EsportivaSão Paulo repactua dívida de R$ 2,1 milhões com produtora e renova contrato (new window)gazetaesportiva.com