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EITA! FLAMENGO RECEIVES LAND IN EXCHANGE FOR SPONSOR’S MILLIONAIRE DEBT

In an attempt to settle the debt, Neville Proa, owner of Viton 44, reached an agreement with Rubro-Negro.

Landim and Braz / Delmiro Junior
Landim and Braz / Delmiro Junior

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The legal dispute between Flamengo and Viton 44, the club's former sponsor, involving a long-standing debt, appears to be coming to an end with a creative solution in the form of a real estate transaction involving land. In 2015, Viton 44, known for its energy drinks 'Guaravita' and 'Guaraviton', signed a R$20 million contract to sponsor Flamengo.

The agreement provided for the brands to be displayed on the back and club uniform sleeve. However, after the contract was not renewed in 2016, the company ended up accumulating a debt of R$4 million with the Rio club, which, with corrections, now totals approximately R$7.2 million.


In the attempt To settle the debt, Flamengo and Neville Proa, owner of Viton 44, reached an agreement at the end of last year. The club received as payment a land measuring 10,688.86 m² located in Mangaratiba, in the luxurious Portobello Condominium, where striker Neymar also owns a property.


The land valued at R$ 12,124,629.70 came into auction this Tuesday, with the first bid marked at R$ 13,436,090.00 followed by a second round for R$ 12,214,629.70. Despite the high estimated value, no buyers emerged, passing the property directly into the hands of Flamengo, which now decides what to do with the land.

The agreement not only pays off an old debt, but also opens new ones possibilities for Flamengo in using this new asset. Developments can be expected in both the financial and institutional aspects for the club, which may explore the land in different ways, from sale to the development of infrastructure for the benefit of the club and its fans.


This outcome highlights the importance of innovative solutions in debt management and strengthens Flamengo's position not only in the fields, but also in the complex fiscal and business landscape.


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FLAMENGO CLOSES WITH TWO MORE REINFORCEMENTS WHO ARE IN THE OLYMPICS

The club is also becoming a powerhouse in Olympic sports

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The junior world champion in the C1 1000m and C2 500m and the first Brazilian female canoeist at the Olympics now wears the Sacred Mantle! Mateus Nunes and Valdenice signed with Flamengo and are already acclimatizing for Paris 2024.

Mateus Nunes, 18 years old and born in Itacaré, Bahia, is the youngest red and black athlete and has just competed in the Junior Canoe Sprint World Cup in Plovdiv, Bulgaria, and won two gold medals. The first in the C1 1000m - competition from fellow Mengão athlete Isaquias Queiroz, and in the C2 500m. This was the last tournament before Mateus arrived in Paris for the Olympic games.


Valdenice Conceição arrives at Flamengo as the first athlete in history to win an Olympic place for Brazil in women's canoeing. At 34 years old and born in Maraú, Bahia, the canoeist is now part of the FlaCanoagem squad. Valdenice, known as “Neta Canoa” qualified for the games in the C1 200m race. In April 2024, Valdenice had already marked her place in the sport, by becoming the first Brazilian woman to win a speed medal at the Pan-American Canoeing Games, in the United States.


Mateus Nunes and Valdenice Conceição join Isaquias Queiroz and will compete in the 2024 Olympic Games as Flamengo athletes. 



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FLAMENGO GYMNASTS TALK ABOUT THE OLYMPIC GAMES AND THEIR EXPECTATIONS

Olympics opening ceremony begins this Friday (26)

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The opening ceremony of the Paris Olympic Games starts this Friday- fair (26), but the 2024 edition of the event has already started with football and 7-a-side rugby, both in the men's category, on Wednesday (24). One of the biggest medal expectations for Brazil is artistic gymnastics, which has five Flamengo athletes in the country's delegation (four in the women's and one in the men's).

This Wednesday, through social media, Rubro-negro released videos with messages from the club's gymnasts who will represent Brazil in Paris. See below:


Diogo Soares

“This edition of the Games Paris Olympics we will try to improve participation. I was in Tokyo, I was the youngest on the team, I was going to gain Olympic experience and experience, to be among the best in the world. I took everything I learned in Tokyo and used it to work during these years until I arrived in Paris, and I will definitely arrive better than I arrived in Tokyo. I'm going to try to be among the top 10 in the world in the individual all-around. Any opportunity I have to take a final on the fixed or parallel bar, I will be prepared. The general individual is our focus. If everything goes much better than we expect, we want to be in the top five”, said Diogo.

Rebeca Andrade

“My expectations is that we arrive happy and healthy to give our best performances and represent our country and our club in the best way possible. As the years went by, we built many things within gymnastics, becoming even more physically and mentally mature to overcome obstacles. Unlike all countries, Brazil is very happy, cheerful, charismatic, everyone notices this and wants to be close to us”, said the Olympic champion.

Jade Barbosa< /p>

“I hope we can enjoy every day from preparation to competition day. Every day can make a difference in the smallest details. We are anxious but want to enjoy each day. This team that is planned is a more experienced team, they are girls who have already competed in many games, world medalists, Olympic medalists. It's a very special team that Brazil has. The majority are predominantly from Flamengo, so we are very honored and privileged to be able to enjoy this moment. May we be very happy in Paris.” Flavia Saraiva

“Very happy to be able to represent my country once again at the Olympic Games. A different cycle from Tokyo, which had the pandemic. In 2016 it was my first Olympics. I hope to be very happy and represent my country in the best possible way”, commented the little giant.

Lorrane Oliveira

“We have been preparing for many years. We train together, we want to get there and do our best. Unlike other years, our experience is much better, as a team, individually, we are happy, we feel good in the gym. Let's get there in the best way. The result will come, for sure.”




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