Urgent.News

What's breaking now, across thousands of outlets.

Culture

Statement – Deliberative Council meeting with SDC Sports

“We are ready!” The statement came from SDC Sports executive Jesse Fioranelli and marked the extraordinary meeting of the Deliberative Council (CD) on Monday night at Vila Belmiro. The meeting all...

Statement – Deliberative Council meeting with SDC Sports

On Monday night, the Deliberative Council (CD) held an extraordinary meeting at Vila Belmiro, where representatives of SDC Sports introduced themselves to the council members. The company, led by Jesse Fioranelli, co-founders Diego Garcia and Michael Lipman, and managing partner, sought to explain their interest in Santos Futebol Clube (SAF). The meeting was attended by consultants David Kirsch and Peter Cohen.

SDC Sports clarified that their investment does not depend on the club's electoral situation, ensuring their decisions were independent. The selection process involved XP Investimentos and 62 investors, concluding that SDC Sports was the best fit to collaborate with the future of Santos FC. President Marcelo Teixeira emphasized the importance of understanding the group's profile, investment methods, and experience in football.

The company had 11 months of research on SAF's structure and current situation, demonstrating their commitment to the project. The investors trust the executives and believe that Santos FC, known for its world-class talent and passionate fan base, needs strengthening to achieve greatness again. Jesse Fioranelli stressed the importance of discipline in capital management and highlighted the focus on structural improvements and athlete training.

The executives emphasized that Santos FC's sovereignty would remain intact and expressed their willingness to learn from council members, members, and fans to better understand and respect the club's processes. The long-term plan involves three stages: conviction in the project, transition to high-performance standards, and strengthening the Santos identity to create foundations for sustainable long-term growth.

Written by urgent.news from Yahoo Sports's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at sports.yahoo.com →

More in Culture

France targets Shein and Temu with fast fashion fines

PARIS: France started imposing penalties on the extreme end of fast fashion on Tuesday to try to curb a surge in sales of cheap clothing sold by e-commerce sites including Shein and Temu. The penalties – part of a fast-fashion law passed in June that aims to address environmental concerns from overproduction – range from €0.25 (30 US…

The first Libertadores triumph

On August 30, 1962, Santos wrote one of the most important pages in its history. At the Estadio Monumental de Núñez, in Buenos Aires, the Alvinegro defeated Peñarol 3–0 and won the Copa Libertado...

More from Tuesday 1 September →