{"id":3566,"date":"2023-12-08T17:01:58","date_gmt":"2023-12-08T17:01:58","guid":{"rendered":"https:\/\/latamreports.com\/br\/?p=3566"},"modified":"2023-12-08T17:02:00","modified_gmt":"2023-12-08T17:02:00","slug":"cafu-forced-to-sell-mega-mansion-to-cover-debts","status":"publish","type":"post","link":"https:\/\/latamreports.com\/br\/cafu-forced-to-sell-mega-mansion-to-cover-debts\/","title":{"rendered":"Cafu Forced to Sell Mega-Mansion to cover debts"},"content":{"rendered":"\n

The former captain of the Brazilian team was forced to sell his $8 million mansion due to the economic problems he currently has.<\/p>\n\n\n\n

Marcos Evangelista de Morais, better known in the world of football as Caf\u00fa, is going through a complicated financial situation by having several debts due to past businesses.<\/p>\n\n\n\n

As a result, the world champion in Korea and Japan 2002 had to auction off his luxurious mansion located in the Alphaville area of Sao Paulo, Brazil.<\/p>\n\n\n\n

The luxurious Caf\u00fa property, valued at approximately $8 million, was sold for as little as $5 million to a company that plans to make the payment through 15 monthly installments.<\/p>\n\n\n\n

This mansion has an extension of 2,000 square meters and includes amenities such as an elevator, a cinema room, a swimming pool, a sauna, a professional gym and a football court.<\/p>\n\n\n\n

After the sale of his house, Caf\u00fa will have 45 working days to leave the property and hand it over to the company that acquired it through an auction.<\/p>\n\n\n\n

According to the Brazilian media UOL<\/em>, Caf\u00fa’s economic problems began when he tried to assist an entrepreneur, whose name was not revealed, with the loan of his image and other resources.<\/p>\n\n\n\n

In addition, his debts continued when, in early 2019, his company Capi Penta International Player, dedicated to managing football careers, carried out several failed businesses.<\/p>\n\n\n\n

A large number of investments and multiple default loans led Caf\u00fa and his company to accumulate large debts, ranging from US$300 billion to US$1.5 million.<\/p>\n\n\n\n

This article has been translated from the original which first appeared in Prensa Libre<\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

The former captain of the Brazilian team was forced to sell his $8 million mansion due to the economic problems he currently has. Marcos Evangelista … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3563,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[14],"tags":[22],"class_list":["post-3566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esportes","tag-latam","resize-featured-image"],"yoast_head":"\nCafu Forced to Sell Mega-Mansion to cover debts - LatAm Reports<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latamreports.com\/br\/cafu-forced-to-sell-mega-mansion-to-cover-debts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cafu Forced to Sell Mega-Mansion to cover debts - LatAm Reports\" \/>\n<meta property=\"og:description\" content=\"The former captain of the Brazilian team was forced to sell his $8 million mansion due to the economic problems he currently has. 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