Featured image credit: Nathana Rebouças on Unsplash
A court in São Paulo has suspended a lawsuit filed by Campeonato Brasileiro Série A football club Palmeiras against Real Arenas, the company that manages its Allianz Parque stadium.
Palmeiras recently opened a police investigation into WTorre-owned Real Arenas, alleging that the company has amassed debts totalling more than R$127m (£21m/€24m/$27m) as of March.
The club claimed that, since Allianz Parque opened in November 2014, Real Arenas has paid just seven months’ worth of the money it owes to Palmeiras, resulting in “enormous” financial losses for the club.
Real Arenas criticised Palmeiras president Leila Pereira and labelled the debt claims as “false information”.
On Friday, Real Arenas was given three business days to make the payment but the suspension of the lawsuit will mean that the company will not be required to do so, at least for the time being.
Globo reports that Palmeiras was not notified of the suspension. The court will now evaluate the matter for a few more weeks.
Allianz Parque has a capacity of 43,700. Last month, Palmeiras claimed a first with the successful full roll-out of facial recognition technology to gain entry to the stadium.
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