00:00A very important day here for Atlético, a unique sight, a great demonstration of unity here.
00:06It was really cool, the association, SAF, Instituto Galo, approval of the 530 million investment.
00:13Basically, it's for paying off bank debt, which is actually the most burdensome debt and hurts SAF (Sociedade Anônima do Futebol - Football Association) on a daily basis.
00:20a day.
00:21So almost 90% of that amount will go towards paying off bank debt, and the other part...
00:27a small portion for the investments we've already made.
00:30Whether in recent transfer windows, but especially within the football ecosystem.
00:35What impact do you expect this conversion of bank debt payments to have by the end of the year?
00:40Last year we paid almost 300 million reais in financial expenses, in interest.
00:45So, considering a company that makes 700, 700 and something, having 300 million in interest really hurts.
00:54So now with this investment, for this year we are projecting about half of that.
01:00So it should be 150 million in interest, which is very satisfactory and brings us more efficiency.
01:06So let's go.
01:06Thanks.
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