Anyone looking only at the numbers will believe that the difference between the two proposals for the formation of a league of football clubs in Brazil is not that great. In that regard, the offers are quite similar.
But some items hide differences that could cause Brazil, from 2025, to have two different blocks of broadcasting rights instead of a unified league.
Libra (Brazilian Football league) brings together 18 teams from the Brazilian Series A and B and has Mubadala, an investment group, willing to invest R$ 4.8 billion in the two main divisions.
The LFF (Liga Forte Futebol), which brings together another 26 clubs, announced an agreement with Life Capital Partners and Serengeti Asset Management for an investment of R$ 4.85 billion.
There is also a deep-seated lack of trust between the two negotiating blocks.
LFF directors believe that Libra wants to continue earning more than the others.
Libra is suspicious of the LFF's agreement with Life Capital and Serengeti, seeing it as a strategy to bring banks and other companies into the negotiations with Mubadala.
Translated by Cassy Dias