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Informal meeting without evaluation: understand the presentation of the city’s proposal to the Bahia Council

Next Friday (23) shall be a historic day and far awaited by the tricolors. From 7:00 p.m., the Executive Board of Bahia will presents the proposal to create and promote SAF to City Group. The settlement with the Arab Fund has now ended and the members will determine whether or not to promote the membership or not.

Despite the expectation, the meeting that may happen in Fonte Nova may have a casual character. The thought of ​​the board is solely to current to the administrators the most vital factors of the settlement. Subsequently, the doc of greater than 200 pages shall be despatched to the Advisory Board, which is able to analyze the provide and provide you with an opinion. The SFS fee and the Fiscal Council established by the physique can even have entry to the materials.

The president of the Advisory Council of Bahia, Leonardo Martinez, used social media to clarify the state of affairs.

“One level of clarification: Friday’s occasion shall be a casual meeting the place board members have been invited by the Executive Council to get to know the basic traces and details of the proposal. As this isn’t the formal presentation of the proposal, we is not going to begin any evaluation course of,” he mentioned.

“The formal submission of the proposal to the Council’s board will happen quickly and from there we are going to begin all the evaluation procedures in the committees and in the CD,” he added.

According to the rituals supplied for in Bahia’s statute, solely after issuing the advisory board’s opinion will the physique find a way to name a rare basic meeting (AGE) by which the companions will vote on the sale or not.

There is not any set deadline to full the total course of till the structure of the SAF from Bahia, however in a latest interview, Leonardo Martinez even estimated at 90 days the time wanted to perform the course of of analyzing the proposal and convening the AGE.

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A gaggle from Grupo City has been in Salvador since Monday. They have finalized the closing particulars of the buy settlement and at the moment are ready for the membership to finalize the deal.

On Tuesday, the consultant of City Group in Brazil Cadu Santoro was in CT Evaristo de Macedo, accompanied by Fabricio Souza (Latin America City Scout), Omar Berrada (Operations Director), Roel de Vries (Operations Director)) and Diego Giuliani (Director of rising groups).

The meeting met with representatives of Bahia, visited the CT services and adopted the match between the tricolor staff beneath 17 and Fluminense, for the Brasileirão in the class.

Ferran Soriano, CEO of Grupo City, is anticipated to arrive on Thursday (22). The Spaniard will participate in the meeting between Bahia’s govt board and councilors the following day.

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