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Feb 2 • 23:11 UTC • 🇧🇷 Brazil • Folha (PT)

Palmeiras terminates contract with Fictor after judicial recovery request

Palmeiras has announced the termination of its sponsorship contract with Fictor, citing the company's contractual default and its judicial recovery request due to over R$ 4.2 billion in debt, including R$ 2.6 million owed to the club.

#palmeiras #fictor #sponsorship #debt #judicial recovery
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