Vice points out if club has money to pay off Arena’s debt

Kuster’s speech contradicts what was said by the president Mario Celso Petraglia at the meeting of the Deliberative Council last Monday (17). According to Petraglia, Athletico runs the risk of being in the “red”.

“The words the president spoke at the board meeting were, ‘The Athletico can be in the red.’ The payment [da Arena] There is a portion that is from the club and one that is not. Then it can stay. This situation of power or not is not today’s situation. We have cash money. We are sure that in our budget structuring, the composition of our revenue and the preparation to cross 2025, this partnership is fundamental and essential for us. We need this partnership and come at a good time, “said Luiz Alberto Kuster, Athletico vice president.

“I assure that the club already has a reserve fund to pay its obligations of the only debt that Athletico has. Athletico has only one debt, related to the payment of the installments,” he added.

Athletico’s debt on Ligga Arena

Ligga Arena’s debt value was brought up this week. In 2023, the negotiation made the debt leave the house from R $ 1.2 billion to R $ 550 million, divided between Athletico, State Government and City Hall of Curitiba.

According to the board of Athletico, three payments have already been made to promise, which funded the renovation of the Ligga Arena.

The payment of the entry, made in 2023, of R $ 50 million, and another installment settled in 2024, with value of R $ 67.6 million. The club also listed the cost of interest on financing, which were $ 63 million by December 2024.

For 2025, Hurricane said it had paid the installment of R $ 67.5 million, and pointing out the part that is up to the city of Curitiba, of R $ 50 million.

What the Curitiba City Hall says about the debt of Athletico Stadium

The main indefinition of the agreement refers to the constructive potential, which represents R $ 290 million. According to what was said by Petraglia in 2023, the city of Curitiba was committed to sell the constructive potential from January 2024.

With this, the current debt is $ 102.9 million. However, according to the club, the value can reach R $ 342.940 million due to the R $ 240 million related to the constructive potential.

In response to the report of Adois Sportsthe City of Curitiba explained the situation of the constructive potential for the payment of the debt of Ligga Arena. See below.

“The constructive potential is the authorization given by the municipality for construction above the one allowed by zoning on a given land. That is, it is an increase to the right to build, which makes it possible to increase the number of floors and/or the construction area.

There are several types of constructive potentials, which vary according to the particularity of the property, either to allow the protection of architectural, cultural, artistic or environmental preservation. For each modality there is specific legislation, with laws and decrees, which will influence the form of calculation of the constructive potential offered to the entrepreneur.

The commercialization of quotas related to Club Athletico Paranaense began on 12/07/2024 shortly after the publication of Decree 1,061/2024 on 07/08/2024, still in the past management.

The amount expected for sale within 12 months from 12/07/2024 refers to the first installment of R $ 20,048,853.74 corresponding to 1/12 of the total specified in the article.

So far R $ 9.5 million have been sold in quotas under different conditions, with payments ranging from one to 12 installments. “

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