The decision was made by the Câmara Nacional de Resolução de Disputas (CNRD), a body of the Brazilian Football Confederation (CBF), and was published on August 10. As a result, Vasco may be banned from registering new players, a transfer ban that could have significant consequences for the club. The CNRD has given Vasco five days to prove that payments have been made after each due date, with the deadline set for this Monday, August 29.
Vasco has a significant amount of debt, with over R$ 110 million owed to creditors. The club has agreed to pay R$ 15 million per year and allocate 10% of its gross revenue from CBF and Conmebol competitions to pay off debts. The values will be updated annually in October, considering the IPCA of the last 12 months.