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Jan 23, 2011

Sao Paulo sign veteran Rivaldo

Sao Paulo have signed former Barcelona playmaker Rivaldo on a one-year loan deal from Brazilian minnows Mogi Mirim.

Rivaldo, 38, became Mogi Mirim's president after returning to Brazilian football from Uzbekistan club Bunyodkor last year and part of the deal will see Sao Paulo fringe players loaned out to the Sapão.

Financial details were not released, but Sao Paulo say they have the option of signing the 1999 World Player of the Year to a one-year contract extension.

Rivaldo's club issued a statement that read: "Sao Paulo has concluded negotiations with Mogi Mirim to loan Rivaldo.

"Besides the loan, a partnership was formalised with Mogi Mirim, where Rivaldo is club president, for the exchange of players, and the performance of institutional actions and marketing with the business partners and supporters of both teams."

Rivaldo was instrumental for the Brazil side that won the 2002 World Cup in South Korea and Japan. He has also played for Deportivo La Coruna, AC Milan and Olympiakos, among others.

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