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RE: LeoThread 2024-12-23 21:15

in LeoFinance5 days ago

Part 2/8:

Flamengo’s President, Rodolfo Landim, previously mentioned that Flamengo would not build a Special Purpose Entity (SPE) to facilitate financing for the stadium, which raised questions about his policies compared to the more established approach taken by Palmeiras. Palmeiras utilized different contracts for land and surface rights without forming an SPE. Critics observed that Landim's comments seemed more politically motivated than based on sound financial planning.