Cyprus Times

APOEL's Financial Situation: Negotiations with Brazilian Investors Continue

Published January 13, 2026, 07:09
APOEL's Financial Situation: Negotiations with Brazilian Investors Continue

APOEL is facing significant financial difficulties, and a potential solution lies in securing investment from a group. The responsibility for this effort rests with Fernando Almeida, who has been in Brazil since October with a mandate to find investors. There are positive indications from Almeida's contacts, but the APOEL administration is seeking swift results as the situation is critical. The new attempt involves both investors who previously expressed interest and new companies Almeida contacted in Brazil. The administration emphasizes the need for speed and caution, given past negative experiences.