Soccer

Expert warns about Flamengo’s finances: ‘There is a risk of falling apart’

Numbers from the third quarter and possible budget for 2025 raised concerns in an economist who pointed out points to keep an eye on

Cesar Grafietti points out Flamengo's possible financial difficulties - Photo: Reproduction/Flamengo
Cesar Grafietti points out Flamengo's possible financial difficulties - Photo: Reproduction/Flamengo

21 Nov 2024 | 09:41 |

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Flamengo had a year of major investments in 2024, with significant expenditure on hiring players and acquiring the land of Gasologista. These financial movements raise questions about the current state of red and black cash. Economist Cesar Grafietti warns that the club's economic situation may be more delicate than it appears.


“I had access to a quote that Flamengo did for next year and a series of movements emerged that show a much less reassuring scenario than I imagined. The club expects to end the year with practically zero cash, just over R$3 million. What surprises me most for the beginning of 2025 is that Flamengo estimates that it will receive R$146 million from seat sales at the new stadium. Now, how does the club propose or expect to receive this amount if there isn’t even a project?”, he began.


“So, it shows a risk that the club takes when making such an important investment, but in election year. The club today appears to be a little more vulnerable than it was some time ago. It's very easy to destroy something that took so long to recover. In this positive flow that Flamengo has, the risk of it falling apart very quickly is very high”, concluded Cesar, in publication no 'X'.




< p style="border: 1px solid rgb(197, 0, 24);">Net debt grows in 2024

With high spending throughout the season, the net debt of Flamengo increased R$395 million, reaching R$562 million in 2024. For comparison purposes, in 2023, the club recorded a net debt of just R$167 million, after a historic reduction of 90%in period.

Modest surplus in the last quarter

The financial report released by Flamengo showed a surplus of R$1.9 million in the third quarter of 2024. Despite the positive result, the value represents a drop of R$266.3 million in relation to the same period in 2023. The club justifies the difference due to the lack of significant player sales at this stage of the season.

Growth in gross revenue

Even with the increase in net debt, Flamengo recorded growth in gross revenue in the third quarter of 2024. The estimated value was R$826.5 million, surpassing the R$778.2 million presented in the same period of 2023.

Impact of the elections presidential elections in Flamengo

The financial reports were prepared under the management of the president Rodolfo Landim, who nominated Rodrigo Dunshee as his successor in the December 9 elections. If the opposition, represented by Luiz Eduardo Baptista or Maurício de Mattos, wins, a new approach on finance of the club may be adopted, which includes alternative initiatives to increase revenue generation in 2025.



Soccer

What time is Flamengo's game against Mirassol today? Find out everything you need to know

Mengão receives Leão this Saturday (8) for the Brasileirão at Maracanã with the aim of remaining at the top of the competition

Find out what time Flamengo's game is today against Mirassol for the 19th round of the Brasileirão - Photo: Reproduction/Disclosure
Find out what time Flamengo's game is today against Mirassol for the 19th round of the Brasileirão - Photo: Reproduction/Disclosure

09 Ago 2025 | 12:30 |

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Flamengo returns to the field this Saturday (09) to face Mirassol, at 6:30 pm (Brasília time), at Maracanã, for the 19th round of the Brazilian Championship . The broadcast will be exclusive to Premiere, via pay-per-view. Mengão wants the victory to remain at the top of the Championship.


Coach Filipe Luís will have some important news. Midfielder Jorge Carrascal , the latest signing in the transfer window, has already had his name published in the CBF's Daily Information Bulletin (BID) and will be included in the squad, with a good chance of making his debut with the Sacred Mantle.


In addition, Bruno Henrique and Luiz Araújo return after being rested against Atlético-MG in the Copa do Brasil due to physical activity management. Michael, who has recovered from ankle pain, may also be available.


FLAMENGO'S SHORTAGES

Rubro-Negro will be without Jorginho, suspended for his third yellow card. Danilo and De La Cruz are still undergoing treatment for injuries and should only return against Internacional , next Wednesday (13), for the Libertadores. Erick Pulgar, who underwent foot surgery, remains out.


MIRASSOL MOMENT

Mirassol is enjoying a strong run in the Brasileirão and is heading into this match with a bang. Without suspended coach Rafael Guanaes, the team will be led by assistant coach Ivan Baitello. The news is the return of captain and top scorer Reinaldo , who served a suspension in the last round.



Soccer

Will Flamengo vs. Mirassol be broadcast on Globo? Find out where to watch the Brasileirão

Mengão hosts Leão this Saturday (9) aiming to remain at the top of the competition and the match will only have one broadcast channel

Flamengo x Mirassol for the Brasileirão will not be broadcast by Rede Globo - Photo: Reproduction/Flamengo/Globo
Flamengo x Mirassol for the Brasileirão will not be broadcast by Rede Globo - Photo: Reproduction/Flamengo/Globo

09 Ago 2025 | 11:30 |

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Flamengo takes to the field this Saturday (09) to face Mirassol, at 6:30 pm (Brasília time), at Maracanã, for the 19th round of the Brazilian Championship. The match will be broadcast exclusively on Premiere, on pay-per-view, and will not be shown on TV Globo .


HOW FLAMENGO ARRIVES


Coach Filipe Luís will be backed by Carrascal , who recently registered with the CBF's BID and is already in the squad for the match . The Colombian is expected to gain playing time throughout the match. Bruno Henrique and Luiz Araújo, who were rested midweek to manage their fitness levels, also return and are available.


EMBARRASSMENTS

Jorginho is serving an automatic suspension after receiving his third yellow card . Danilo (right thigh injury), De La Cruz (left knee problem) and Erick Pulgar (recovering from foot surgery) remain out.


SITUATION IN THE BRAZILIAN CHAMPIONSHIP

Flamengo arrives at the last round of the first half with a chance of winning the symbolic title . To do so, they need to beat Mirassol and hope that Cruzeiro doesn't defeat Santos by a large score on Sunday (10), at Mineirão.

PROBABLE LINEUPS

FLAMENGO: Rossi; Royal, Leo Ortiz, Leo Pereira and Alex Sandro; Allan, Evertton Araújo and Arrascaeta; Luiz Araújo (Plata), Pedro (Bruno Henrique) and Samuel Lino.

MIRASSOL: Walter; Lucas Ramon, João Victor, Jemmes and Reinaldo; Neto Moura, Danielzinho and Gabriel; Negueba, Edson Carioca and Chico da Costa.


Soccer

Check out Mirassol's likely lineup to face Flamengo

Mengão receives Leão this Saturday (9) for the Brasileirão at Maracanã and the São Paulo team should have only one change in relation to the last match

Reinaldo returns to Mirassol's starting lineup against Flamengo this Saturday (9) - Photo: JP Pinheiro/Agência Mirassol
Reinaldo returns to Mirassol's starting lineup against Flamengo this Saturday (9) - Photo: JP Pinheiro/Agência Mirassol

09 Ago 2025 | 10:45 |

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Mirassol will make just one change to the starting lineup to face Flamengo this Saturday (09), at 6:30 pm (Brasília time), at Maracanã, for the 19th round of the Brazilian Championship. Leão defends a three-month unbeaten run in the match, while Mengão seeks to remain in the lead.


After serving a suspension in the victory over Vasco, left-back Reinaldo returns to the team, taking Felipe Jonatan's place . Leão's top scorer in the Brasileirão, the number 6 has seven goals in the competition and is the team's official penalty taker.


PROBABLE LINEUP


Mirassol's likely lineup is : Walter; Lucas Ramon, João Victor, Jemmes and Reinaldo; Neto Moura, Danielzinho and Gabriel; Negueba, Edson Carioca and Chico da Costa.

IMPORTANT DEFAULT IN THE BANK


The main absence will be coach Rafael Guanaes , suspended for a third yellow card . Without the manager, assistant Ivan Baitello will be on the sidelines for the club's debut at Maracanã. Guanaes' team hasn't been defeated since May 5th, when they lost to Red Bull Bragantino.

In the medical department, defender Da Silva is out, although he didn't play for the team in 2024—his last appearance was for the B team last season. On the other hand, defender Luiz Otávio, a regular starter in 2024, left the medical department but hasn't yet played this year due to successive injuries.

Leão is in 5th place in the Brasileirão, with 28 points, and is looking to score points to remain in the G6. If they beat Flamengo this Saturday and Bahia stumbles against Fluminense, Mirassol will finish the round in the G4 , those who qualify directly for the group stage of the Libertadores.



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