On Friday, Santos FC announced a non-binding agreement with SDC Sports LLC, a long-term American investment group, aimed at exploring a potential sale of the club. The agreement, accepted by the club's president Marcelo Teixeira, allows SDC to conduct a comprehensive financial analysis of Santos, while the club can assess the investor's capability for substantial investment. This collaborative exploration signals Santos' consideration of significant financial restructuring or changes in ownership to bolster its operational capacity.

The proposal entails a potential investment of R$ 1 billion, along with taking responsibility for the club's existing debts, which are estimated to be around a similar amount. Additionally, the American group would acquire control of 80% of the club's shares if the deal proceeds. The due diligence process is expected to be completed within 60 to 90 days, during which Santos is prohibited from negotiating with any other companies. This exclusivity clause emphasizes the significant interest SDC has in capitalizing on Santos' potential.

Following the due diligence phase, any agreement would require amendments to the club's bylaws and adherence to deliberative council procedures, as is typical in major ownership changes. This potential sale reflects the broader trend of foreign investment in Brazilian football, highlighting the increasing appetite of international investors for significant stakes in local clubs aiming for financial stability and competitive enhancement in national and international arenas.