Cyprus Times

APOEL Investment Deal: Latest Updates with Brazilian Investors

Published January 21, 2026, 10:16
APOEL Investment Deal: Latest Updates with Brazilian Investors

APOEL's contacts with Brazilian investors are at an advanced stage, with the matter now in the legal departments of both sides. The legal departments are examining all aspects of the agreement in detail, while the Brazilian side is showing adaptability to Cypriot legal procedures. There is a verbal agreement, but the experience with the failed agreement with F8 Sports creates reservations. The completion of the agreement depends on the issuance of a final document, which must pass KYC (Know Your Customer) procedures and be approved by the General Assembly of APOEL shareholders. The investment is expected to bring significant changes to APOEL, with the aim of financial recovery and strengthening the team. At the same time, the management of APOEL is trying to further strengthen the squad, regardless of the outcome of negotiations with the Brazilians.