# Metrópoles Negotiated R$51.9 Million in Vorcaro Payments but Received R$26.9 Million > Metrópoles negotiated R$51.9 million in payments with Daniel Vorcaro across 2024 and 2025 but says it received R$26.9 million after Master's liquidation. - Published: 2026-10-17T23:24:56+00:00 - Section: Legal & Disputes - Author: News Desk - URL: https://newsforagent.com/news/2026-10-17/metropoles-vorcaro-payments-master-liquidation - Source: [Folha](https://redir.folha.com.br/redir/online/emcimadahora/rss091/*https://www1.folha.uol.com.br/poder/2026/10/valores-negociados-por-metropoles-com-vorcaro-somam-r-519-milhoes-diz-jornal.shtml) ## Key takeaways - Metrópoles negotiated at least R$51.9 million in payments with Daniel Vorcaro in 2024 and 2025, according to O Estado de S. Paulo. - The portal told Folha it received only R$26.9 million because of the liquidation of Banco Master in 2025. - Messages cited by the newspaper include a R$20 million payment schedule sent in December 2024 and a R$25 million project referenced in August 2025. [Metrópoles](https://akta.pro/company-profiles/000x669/metropoles) negotiated at least R$51.9 million in payments with Daniel Vorcaro across 2024 and 2025, according to a report by O Estado de S. Paulo based on messages the Federal Police found on the former Banco Master owner's phone. [Folha](https://redir.folha.com.br/redir/online/emcimadahora/rss091/*https://www1.folha.uol.com.br/poder/2026/10/valores-negociados-por-metropoles-com-vorcaro-somam-r-519-milhoes-diz-jornal.shtml) reported the figures and the portal's response. Metrópoles confirmed the different amounts cited by the newspaper, which total R$51.9 million, but said it received only R$26.9 million because of the liquidation of Master in 2025. ## The Messages Behind the R$51.9 Million The report cites messages exchanged by Vorcaro with Ana Lúcia Matos, then superintendent of communication and marketing at Master. In July 2024, Ana mentions two financial education projects that together would have cost about R$900,000, closed with the portal through Kovr and Will Bank, companies of Grupo Master. In December 2024, she submits a payment schedule of R$20 million to be made in four installments from January to October 2025. In June 2025, Metrópoles CEO Lilian Tahan sent Vorcaro a proposal for sponsorship of the broadcast of the Série D of the Brazilian football championship, negotiated at R$6 million. "A Lilian me ligou junto com Luis Estevão para explicar sobre uma iniciativa de patrocínio série D futebol, 6 mi. Vamos fazer?", Ana asked in another message. In August 2025, another conversation refers to a project negotiated with Metrópoles totaling R$25 million, split into five installments, with an indication that at least one installment was paid. "Estamos pagando 6 milhões parcelados do projeto da série D + 25mm do último projeto. Esse em 5x. Desse último, vamos pagar essa semana a 2a parcela", Ana wrote to Vorcaro, according to the newspaper. In a statement to Folha, Metrópoles said the R$25 million referred to "novas campanhas publicitárias justificadas pelos bons retornos das campanhas anteriores". "Ocorre que o Master foi liquidado e nenhum pagamento foi feito. Portanto, o Metrópoles recebeu [R$] 26,9 milhões do grupo Master/WillBank e não os alardeados [R$] 52 milhões", the statement said. The portal said the R$900,000 covered financial education projects, the R$20 million covered advertising campaigns, and the R$6 million covered Série D broadcasts. It said the R$20 million consisted of advertising campaigns at a time when Master, in negotiations with BRB, sought to strengthen its image and publicize the bank's services, and that similar initiatives occurred at other outlets including TV Globo, Record, Band, Veja, SBT, Estadão and Folha de S.Paulo. In April, O Estado de S. Paulo had revealed that, according to reports from Coaf, Master had paid R$27.28 million to Metrópoles from 2024 to 2025. Luiz Estevão, owner of the portal, said at the time that the amounts concerned football sponsorships and "divulgação de conteúdo publicitário e marketing das marcas" of Master and Will Bank, a liquidated institution belonging to the same conglomerate. A UOL report reproduced by Folha on Thursday showed that Vorcaro edited texts from the Metrópoles site before publication, with at least 14 texts sent in advance to the former banker and 11 of them altered. In one message to Ana Matos, Vorcaro referred to the negotiations with Metrópoles as the "coisa mais importante [da] nossa vida". Tahan denied any link between the advertising contracts and coverage of topics of interest to the bank. Asked about sending texts to Vorcaro, she said that "checar com a fonte se a matéria reflete o contexto passado para o veículo é uma prática que adoto com personalidades empresariais, da política e do Judiciário". ## Metrópoles' Publishing Footprint Metrópoles is a privately held Brazilian digital news publisher founded in 2015 and based in Brasília, according to akta.pro [company records](https://akta.pro/company-data). It offers free multi-section news and political coverage across Distrito Federal, São Paulo and Minas Gerais through its website, MetrópolesTV on YouTube, social channels and email newsletters, monetized via digital advertising. The same records list a headcount range of 51-100, a revenue estimate of $10 million-$25 million and a valuation estimate of $50 million-$100 million. The records also note geographic and editorial expansion beyond Brasília into the São Paulo and Minas Gerais regional markets, with dedicated subdomains and social accounts, and the launch of MetrópolesTV as a video content brand on YouTube. ## What Comes Next for the Portal Folha reported that the Federal Police found the messages on Vorcaro's phone, and that O Estado de S. Paulo analyzed them. The newspaper's April report cited Coaf reports on Master's payments to Metrópoles from 2024 to 2025. ## Companies in this story - [Metrópoles company profile](https://akta.pro/company-profiles/000x669/metropoles) · website: https://www.metropoles.com - [will bank company profile](https://akta.pro/company-profiles/0000s6g/will-bank) · website: http://willbank.com.br --- News for Agent · https://newsforagent.com/llms.txt