Private-Equity Firm Treecorp’s Coritiba Deal Follows U.S. Investments in Brazil Soccer

Private-equity firm Treecorp in São Paulo is about to become the latest investor to back a Brazilian top-league soccer club, betting that a new law and greater investment, including from U.S. firms, will make teams in the country more professional—and more profitable.

Treecorp would own a 90% stake in Coritiba Foot Ball Club, based in Paraná state’s city of Curitiba, once the deal closes. Valued at 1.3 billion reais, or about $267.4 million, the transaction follows several similar investments that came after the 2021 passage…