Deportivo Maldonado
Alex Sandro was signed by Santos in 2010 on a two-year loan deal. Atletico Paranaense sold him to the investors, using Uruguayan club Deportivo Maldonado as a proxy to hold the registration rights. According to Atletico Paranaense's 2010 financial report, the club received R$1,114,000 from Deportivo Maldonado for transactions of unnamed players.