Santa Cruz is seeking judicial reorganization to avoid an auction of Arruda

(Photo: Rafael Vieira/DP Photo)“title=”(Photo: Rafael Vieira/DP Photo)“/>Santa Cruz appeals to suspend the Arruda auction (Photo: Rafael Vieira/DP Photo) To avoid bankruptcy and suspend the auction of Arruda, its largest physical asset, Santa Cruz filed for legal relief in the 9th Civil Court of Recife County. According to the official letter, the club is requesting early …

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