Flamengo watching! CBF wants to create Financial Fair Play rules in Brazil

Next Tuesday (7), Flamengo's Deliberative Council will hold a hybrid meeting, in person and virtual, to discuss the legal dispute with Libra . The meeting, scheduled for 6 pm, will have as its main agenda the injunction obtained by Rubro-Negro , which blocked the transfer of R$ 77 million from Globo to the block's clubs regarding the Brasileirão's TV rights.

President Luiz Eduardo Baptista (BAP) will make the official presentation, detailing the reasons for the dispute and the board's next steps. The expectation is that the meeting will clarify the club's arguments in the face of criticism from opposing executives and some in the press.

In a statement, Flamengo confirmed that the board members will be updated on the disagreements with Libra: "The topics related to the Brazilian Football League – 'Libra' will be addressed and updated, especially regarding the controversies existing in its Bylaws regarding the criteria for sharing 'audience' revenue."

ORIGIN OF THE CONFLICT

The controversy began when Libra changed the calculation of its 30% share of audience revenue, approximately R$309 million annually . Under the new model, the total number of viewers for each game was added up and divided equally between the clubs.

Flamengo argues that this change violates the league's bylaws, as any change to the revenue sharing criteria requires unanimous approval . At the August General Assembly, only Flamengo and Volta Redonda voted against the measure.

The Flamengo board also disputes alleged documents signed by Rodolfo Landim, the club's former president, cited by Libra as supporting the change. It was precisely based on this violation of the bylaws that the Rio de Janeiro Court of Justice granted the injunction in Flamengo's favor.

NUMBERS SHOW IMPACT FOR FLAMENGO

The financial projections reveal the club's delicate position. Flamengo is the only one to lose resources in all simulated scenarios . In the model approved by the majority, the reduction exceeds R$100 million compared to the amount received in 2024. Even in alternative proposals, such as the one presented by Flamengo itself , the reduction would be close to R$50 million.

Meanwhile, Palmeiras, cited in the debate by president Leila Pereira as a club also giving up value, maintains virtually the same level in all projections . Teams like Bahia, Vitória, and Red Bull Bragantino appear among the most benefited, always due to Flamengo's losses.

With the transfer window closed, Flamengo turns its attention to renewing important contracts for the squad and coaching staff. According to Fabrício Lopes of the Resenha Rubro-Negra channel, the club has already begun talks to extend midfielder Giorgian De Arrascaeta's contract .

NEGOTIATIONS WITH ARRASCAETA

The Uruguayan midfielder is considered a top priority by the board. CEO José Boto is trying to secure a new contract until 2028. To that end, a meeting will be held in the coming days between the executive and Daniel Fonseca, the number 10's agent.

According to Fabrício Lopes, the terms are currently under discussion: " Flamengo made an offer, and Arrascaeta sent a counteroffer . And very soon, Daniel Fonseca and Boto will sit down to discuss the final details of the renewal."

Arrasca is expected to receive a pay raise to stay at the club. A key player for Filipe Luís's team , the Uruguayan has 14 goals and 10 assists in 22 Brasileirão matches, making him the highest-rated player in the competition, according to SofaScore.

FILIPE LUÍS' SITUATION

The red-and-black coach has already made it clear that he wants to stay at the club for a long time. His current contract expires in December , but a renewal should happen without any major difficulties. The club's first offer, however, was rejected by the manager.

FOCUS ON THE BRAZILIAN CHAMPIONSHIP

Flamengo returns to the field on Sunday (5), at 6:30 pm, against Bahia, at Arena Fonte Nova, in Salvador. The match is valid for the 27th round of the Brasileirão . The broadcast of the confrontation is on Premiere (pay-per-view) for all of Brazil.

In recent days, speculation has emerged that Flamengo would be interested in signing Colombian midfielder Jhon Arias , currently at Wolverhampton, formerly of Fluminense, to reinforce the team in 2026. However, the deal seems unlikely .

According to Fabrício Lopes, a reporter for Mengão, Arias has already adapted to the English club, is enjoying a good moment, and has no intention of leaving the team any time soon. The midfielder had a difficult start at the English club, but has begun to gain momentum at Wolverhampton.

BOAT RETURNS TO THE CONVERSATION

With that, Flamengo is reportedly already eyeing another midfield option: Esequiel Barco, an Argentine who plays for Spartak Moscow in Russia. Barco has been a longtime target for Flamengo and could once again be a priority in the next transfer window.

ARIAS IS HAVING A GOOD TIME IN ENGLAND

In a recent interview, Jhon Arias commented on his turbulent start in England and his gradual adaptation to Wolverhampton's style: "I felt good. I felt better with the team, with the coach's ideas . I think my best version is coming, and that's important to me," he said.

The Colombian also highlighted his efforts to establish himself in the English league: "In the last week, I felt better playing with my teammates , with the league. It's a different league, so I'm still working to be better, to perform better and be able to help my team."