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Revealed: Document of APOEL and Brazilian Agreement

Published February 13, 2026, 17:19
Revealed: Document of APOEL and Brazilian Agreement

Goal.com.cy has obtained the agreement document (LOI) between APOEL FOOTBALL (PUBLIC) LTD, the APOEL Association, and the Brazilian SPORTS LEGACY NEGOCIOS ESPORTIVOS LTDA, outlining the framework of a proposed investment. According to the document, an initial funding of €3.3 million is planned for immediate liquidity, followed by an €8 million capital increase. SPORTS LEGACY intends to acquire 80% of the voting shares of the company, subject to certain conditions and approvals.