World · Latin America · 5 hrs ago
São Paulo court seizes Daniel Alves’s farm and Porsche over R$7.7m debt
A São Paulo court ordered the seizure of assets belonging to Daniel Alves over a debt claim of 7.7 million reais.
The order covers a 64.4-hectare farm and half of another property in Juazeiro, Bahia, as well as a 2021 Porsche 911 Carrera.
The case was brought by the GAD credit fund, which says Alves did not pass on money owed under an agreement linked to his departure from São Paulo FC in 2021.
The club had agreed to pay Alves 22.8 million reais in instalments, and in 2022 he sold the rights to the remaining payments to GAD for 11.5 million reais.
Payments to the fund stopped in 2023, after Alves was detained in Spain and his former wife and representative said she did not know about the agreement; the fund also said some club payments went toward child support.
The fund is seeking R$7.7 million through the courts, and the seized assets are intended to secure the claim.
The case remains before a São Paulo court, with no final ruling or release date stated.
A São Paulo court ordered the seizure of Daniel Alves’s farm and Porsche over a 7.7 million-real debt claimed by the GAD investment fund.
The order covers a 64.4-hectare farm and half of another property in Juazeiro, Bahia, as well as a 2021 Porsche 911 Carrera.
The debt stems from an agreement to pay Alves after his 2021 contract termination with São Paulo FC.
Alves transferred rights to 52 remaining payments to GAD in 2022, but payments stopped in 2023.
The case remains before the São Paulo court, and the assets remain under seizure.
- Who
- Former footballer Daniel Alves and the GAD Fundo de Investimentos em Direitos Creditórios.
- What
- A São Paulo court ordered assets belonging to Alves seized in a case over a claimed debt of 7.7 million reais.
- When
- The decision was published on October 21, 2026, according to ESPN Brasil.
- Where
- The case is before the 43rd Civil Court of São Paulo; the properties are in Juazeiro, Bahia.
- Why
- GAD says it is owed money under an agreement involving Alves’s termination payments from São Paulo FC.
This story does not have two clearly opposing sides.
Alves and São Paulo FC agreed on termination payments totaling 22.8 million reais in 60 instalments.
After eight instalments had been paid, Alves transferred rights to the remaining 52 payments to GAD for 11.5 million reais.
Payments stopped; Alves’s former wife and representative, Dinorah, said she did not know about the GAD agreement and refused to continue transfers.
GAD filed a court claim seeking payment, according to the articles’ reference to October of the previous year.
A judge ordered the seizure of Alves’s farm and other property in Bahia.
- Debt claimed
- 7.7 million reais
- Farm
- 64.4 hectares in Juazeiro, Bahia
- Other property
- Alves owns 50% of another property in Juazeiro
- Vehicle
- 2021 Porsche 911 Carrera
- Termination agreement
- 22.8 million reais, payable in 60 instalments of 380,600 reais
- GAD payment
- 11.5 million reais for rights to the remaining 52 instalments