Cafu's Financial Struggles: From Champions League Nights to Debt Dilemmas

Cafu's Financial Struggles: From Champions League Nights to Debt Dilemmas
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Sunday 24 March 2024, 19:25 - Last updated: 19:26
Running fast, but no longer to make a cross, rather to avoid sinking into debt: the present of Cafu is marked by bills and no longer by Champions League nights. The Brazilian defender, former Roma and Milan player, has suffered significant financial losses after the 2019 bankruptcy of the company Capi Penta International Player. Founded in 2004, it was meant to manage the careers of agents and footballers. To avoid collapse, Cafu has decided to auction off his villa in Baruei, in the Brazilian state of Sao Paulo, for about 7.4 million euros. This was reported by the website Uol, with the fifty-three-year-old owing about 10 million reais (less than two million euros) to his creditors. To this figure must be added the eight million Brazilian reais and also the 4.2 that Cafu owes to a bank, Banco Industrial, with whom he would have the largest debt.
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