Soccer

Flamengo presents a deficit of R$79 million in the first half of the year

The club considers the result to be normal and still expects to have a surplus for the year; Buying land for the stadium reduces cash on hand

Reproduction/Internet
Reproduction/Internet

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Flamengo released the financial balance sheet for the first half of 2024. The result presented was not the best, but the club does not create alarm. The red-black had a deficit of R$79 million until June 30th. However, Mais Querido declared that it had R$209.4 million in cash between cash in the current account and fixed income investments, an increase of R$74 million compared to the first quarter.


This amount, however, , was significantly reduced after Flamengo paid the city of Rio de Janeiro the amount of R$ 138.2 million related to the auction of the Gasometer land for the construction of its own stadium. With the purchase, the cash amount increases to R$71.2 million.


In the document, the club states that it still has to pay R$271.7 million for player signings, R$177.8 million of which in short-term debts (which must be paid in the next 12 months starting in July 2024). The remaining R$93.98 million are in installments starting in July 2025. The value is higher than what Flamengo has to receive for sale of players.


According to the presentation, Flamengo stands to receive R$ 208.8 million from the sale of athletes, with R R$165.2 million in short-term payments and R$43.7 in the long term. The club, however, does not heed the alert and expects a better result from the second half of 2024.

The board claims that “due to its strong operational cash generation capacity and the long terms of these payments, this balance presented in 2Q/2024 does not mean that the club needs to sell athletes in equivalent amounts or take out loans.”


Check out the result presented by Clube de Regatas do Flamengo

“We ended this first quarter recording an accumulated deficit of R$79.5 million. This result is approximately R$121 million lower than the result for 2Q2023 (positive by R$41.5 million), since the result for that semester was strongly impacted by the sale of the rights to player João Gomes in the beginning of the year window , which generated non-recurring revenue of R$ 103 million.

Better understanding the variation in recurring revenue, which does not include the sale of athletes, a slight reduction can be observed in relation to the same period of the previous year: R$458.8 million in recurring revenue compared to R$469.5 million in 2023, which does not generate long-term concerns, since this performance was due to the occasional reduction in revenue from participation in competitions, since in the previous year we competed in more competitions in the first quarter (Recopa Sul-Americana, Supercopa do Brasil and Club World Cup).

In conclusion, this deficit result in the first semester is natural and expected, due to the typical seasonality of revenues of the football industry. Our current estimate remains of a surplus result in 2024, which will allow us to continue in a sustainable manner, competing for the main places in the competitions in which we participate.”



Soccer

Despite the nickname "smooth wire", Flamengo's attack dominates the offensive aspect in series A

Rubro-Negro dominates the offensive presence category, leading both in touches in the final third and in expected goals (xG)

Flamengo creates, on average, 3.6 big goal chances per game, although it still wastes two clear opportunities per match, something that, if adjusted
Flamengo creates, on average, 3.6 big goal chances per game, although it still wastes two clear opportunities per match, something that, if adjusted

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Flamengo continues to demonstrate why it is considered the most feared team in the 2025 Brasileirão. According to a survey by the "DataFut" profile, the Rubro-Negro dominates the offensive presence category, leading both in touches in the final third and in expected goals (xG). In practice, this efficiency translates into the best attack in the competition, with 11 goals scored so far.


The graph reveals that Flamengo is the team that exchanges the most passes in the attacking sector, but the biggest highlight is its ability to transform this possession into real goal opportunities. Rubro-Negro has an impressive 2.2 goals per game, with numbers that reinforce its high offensive quality.


  • 10 of the 11 goals came from shots inside the box;
  • 1 goal was scored from outside the area;
  • The team also scored 3 headed goals, showing versatility;
  • The right foot was the main weapon, with 5 goals scored, against 3 with the left leg.


*data collected from Sofascore

Even with a better attack, Flamengo wastes many chances


Flamengo creates, on average, 3.6 big scoring chances per game, although they still waste two clear opportunities per match, something that, if adjusted, could make the team even more lethal.

With 15.2 shots per game (6.2 of which were on target), Filipe Luís' team demonstrates aggression and consistency. The intense offensive movement is also reflected in the number of fouls suffered (11.6 direct shots per game).

Flamengo not only dominates possession and occupies the opponent's field, but also transforms this offensive presence into concrete numbers. Still, the Rubro-Negro can be even more objective due to the number of chances it creates. If this is corrected, it will be very difficult for the Mais Querido to have results like the 0x0 against Vasco.

This Sunday (27), Mengão will have the opportunity to show its offensive power in front of a completely packed Maracanã, with all tickets sold for the duel against Corinthians, at 4 pm, for the sixth round of the Brasileirão.


Soccer

Raul Plassmann reveals behind the scenes of his arrival at Flamengo in its golden age

Former goalkeeper told MengoCast how the unexpected invitation from the Rio de Janeiro club became the key to his career even after his decision to retire

Raul Plassmann recalls in MengoCast how an unexpected call from President Márcio Braga changed his trajectory (Photo / CRF)
Raul Plassmann recalls in MengoCast how an unexpected call from President Márcio Braga changed his trajectory (Photo / CRF)

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An idol of Flamengo during the historic victories of the early 1980s, Raul Plassmann relived one of the most curious moments of his career in football. In an appearance on "MengoCast", the former goalkeeper revealed that he had already retired from his sports career when he received, without prior warning, the news that he would be the new signing for the Rio de Janeiro club . The announcement was made on national television, while he was having dinner with his parents in Curitiba.




The phone will ring soon. Five minutes later, it rang.” - said Raul about his announcement at Flamengo



PLAYER HAD RETURNED TO HIS PARENTS' HOME AFTER QUITTING FOOTBALL



The story begins in 1978. Raul, then 32 years old, decided to end his career after playing for Coritiba, São Paulo and Cruzeiro. According to him, the decision came at a time when he was feeling discouraged about football. “I stopped. Back in Belo Horizonte, I said: 'I don't want to do it anymore'. I took my car and left for Curitiba. I went to live with my parents”, he recalled. Despite his successful career, Raul said that he never dreamed of being a professional player — his initial goal was just to be able to buy a car.


NEWS CATCHES RAUL BY SURPRISE DURING FAMILY DINNER


At home, away from the field, Raul was surprised by a news story while watching Jornal Nacional. “ Fernando Vanucci came on air and said: ‘Raul is Flamengo’s new goalkeeper’” . According to him, silence took over the room. His mother, surprised, asked questions. His father, in shock, just watched. Raul, however, realized that it was not a joke. “I said: ‘The phone is going to ring soon’. Five minutes later, it rang”.


On the other end of the line, Márcio Braga, then president of Flamengo , was direct: “I bought your pass. You show up tomorrow.” Raul , still reluctant, said that he had already stopped playing. But the director insisted, stating that the goalkeeper was now a player for the club. At first, Raul rejected the offer. In addition to his lack of interest, he thought the salary was low and was uncomfortable with the idea of living with the youth players in São Conrado.



Soccer

Flamengo beats Messi's team in study of clubs with the highest income in the Americas

Despite a drop in ticket sales and transfers, the red-black team remains at the top of the continental rankings with growth in the commercial sector, ahead of MLS giants

Filipe Luis leads Flamengo to a record year in revenue in the Americas, surpassing MLS clubs and Messi's Inter Miami. (Photo / CRF)
Filipe Luis leads Flamengo to a record year in revenue in the Americas, surpassing MLS clubs and Messi's Inter Miami. (Photo / CRF)

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Flamengo closed 2024 as the club in the Americas with the highest operating revenue, according to a report by consultancy firm Sports Value released this Thursday (24). The Rio de Janeiro club reached the mark of US$ 212 million, equivalent to around R$ 1.2 billion, surpassing big names in North American football, such as Inter Miami and Los Angeles FC.




COMMERCIAL GROWTH OFFSETS DECLINES ON OTHER FRONTS



Despite facing reduced revenue from player transfers, ticket sales and membership fees, Mengão managed to maintain its position at the top thanks to strong commercial performance. Strategic partnerships and marketing initiatives ensured the club's finances remained buoyant in a challenging year off the pitch.



INTER MIAMI RISES UP THE RANKINGS WITH MESSI EFFECT


Inter Miami came in second place in the survey, earning US$190 million. Boosted by the arrival of Lionel Messi, the North American club made a considerable leap compared to the previous year, when it was only in fifth place. The presence of the Argentine star transformed the level of exposure and revenue of the Florida team.


The ranking compiled by Sports Value also points to Palmeiras, with US$144 million, and Los Angeles FC, with US$142 million, right behind. The São Paulo team stood out in the negotiations for players, raising around US$76 million in transfers during the period . Atlanta United rounds out the top 5, with US$131 million.


According to the consultancy, operating revenue corresponds to the total obtained from the sale of products and services, before discounts and taxes. In the case of Mais Querido, the positive performance in this regard highlights a management focused on diversifying sources of income, beyond the sports field.



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