Judge Bruno Paes Straforini found that the offer, launched in December 2023, was lower than the agreed value
Summary
An auction held in December 2023 for the villa of the former footballer Cafu, located in Alphaville (SP), was invalidated by the Court of São Paulo because the offer of R$ 25 million was lower than the minimum value, agreed at 35 , million R$.
The Court of Sao Paulo has invalidated the auction of the villa of the former footballer Cafu, held last December. In the decision, the judge responsible for the case justified that the offer of R$25 million was lower than the agreed minimum value. The information comes from Rogério Gentile’s column, from UOL.
This was decided by judge Bruno Paes Straforini, of the 1st Civil Court of Barueri (SP). Cafu’s villa is located in Alphaville, a neighborhood of the city of Greater São Paulo, and has 3,200 square meters, six suites with bathtub, office, gym and trophy room. It also has a football pitch, barbecue area, swimming pools, sauna, garden, lift, games room and party space.
The auction notice provided for a minimum value of R$35 million. A new auction attempt will be made on a date to be determined. If the auction takes place and is approved by the Court, Cafu will have 45 working days to vacate the property after the auction letter is issued.
Precious offer
The December 2023 auction, now invalidated by the courts, was carried out for the final value of R $ 25 million. Although the value was considered “below expectations”, the responsible auctioneer stated that the bid was valuable given the economic situation.
At the time, Cafu’s lawyer told the Estadao that the parties involved in the process reached an agreement, which provided for the sale of the property at public auction, a specific judicial sale to pay the debt.
“This auction [de R$ 25 milhões] it was absolutely illegal. We won’t even appeal because the judge didn’t approve it,” Ricardo Sewaybrick said.
The property is mortgaged to secure a loan granted by Capi-Penta International Football Player LTDA, the company owned by the player and his ex-wife, Regina Feliciano, honored after the victory against Germany in the 2002 World Cup final.
The legal proceedings have raised suspicions about the financial situation of the two-time world champion. Cafu, however, denies that it is “broken”. In 2022, Cafu’s debts were estimated at R$11 million. Most of the lawsuits are filed by Vob Cred Securitizadora S/A and its owner, Valentim Osmar Barbizan.
Source: Terra
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