São Paulo FC Receives R$ 8 Million from Ticketmaster

The São Paulo FC has received R$ 8 million from Ticketmaster, which was used to decrease debts with the team's players on the Friday before the match against Santos. This information comes from Globo Esporte Futebol.

The São Paulo FC negotiated the advance payment of R$ 8 million from Ticketmaster in the next weeks, and is still waiting for the remaining amount to settle other outstanding debts, including the one that generated the FIFA punishment. The club received the R$ 8 million to reduce its debts with the players, which was an anticipation of the money that Ticketmaster will pay to the club in the coming days.

Globo Esporte Futebol reports that the new ticketing manager of Morumbi signed a contract with the São Paulo FC on the Friday before the match against Santos and had until five days to deposit R$ 30 million for the use of the 29A box in Morumbi for the next five years. However, the São Paulo FC will receive 'only' R$ 22 million, because the R$ 8 million received on the last Friday were anticipated from the total value of the 29A box.

The São Paulo FC will use its cash flow to end other debts, such as the one that generated the FIFA punishment. The club is negotiating to receive the majority of the R$ 110 million as soon as possible, because it needs to make urgent payments, such as the debt with Giuliano Galoppo's agent, which caused a transfer ban in the FIFA.

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