Police Probe R$11 Million São Paulo FC Cash Withdrawals, Give Club 15 Days to Show Records

Overview

• Financial‑intelligence reports flagged 35 cash withdrawals totaling about R$ 11 million from 2021 to 2025, with 33 executed via armored cars after two initial withdrawals of R$ 600,000 by a former employee.
• The Civil Police opened a formal inquiry to examine possible crimes including criminal association, embezzlement and qualified theft, noting 2024 had 11 withdrawals and 2025 had five totaling R$ 1.7 million.
• The club was served with a 15‑day deadline to provide invoices and receipts and has hired a forensic expert, asserting the money covered operational expenses and player bonuses and is fully recorded in its accounts.
• One focus of the probe is former deputy director Nelson Marques Ferreira, who investigators say created roughly 15 companies or franchises between 2021 and 2023.
• A Coaf report found R$ 1.5 million in fragmented cash deposits into a joint account of president Júlio Casares and his ex‑wife, with police saying no link was identified to the club withdrawals, as political pressure builds with an impeachment vote scheduled for Friday.