
Team
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Flamengo and Fluminense finalized the procedures and signed, this Friday, the Maracanã concession contract with the Government of the State of Rio de Janeiro. The duo won the bid to operate and explore the stadium for 20 years.
The concession signing ceremony took place this Friday morning, at Maracanã, with the presence of Rodolfo Landim (president of Flamengo) and Mário Bittencourt (president of Fluminense), shortly after the clubs' elimination in the quarter-finals of the Libertadores.
“This It's a very important day for Fluminense and, certainly, for Flamengo. I come to say that we are very happy to be able to have Maracanã for the next 20 years, alongside our sister club, alongside a club that is our opponent on the field, but which in the last five years has become a great partner outside of it. We have a very good, very cool relationship with a lot of respect and friendship and we successfully managed to win this concession. We respect all processes, whether legal or administrative, and we are very happy” stated the president of Fluminense and Landim added:
“As Mário said, it is a day of great joy. I think it is the culmination of an effort that has been underway for five years. I remember that when we assumed the presidency of Flamengo, we went to the State Government because we needed Maracanã. Maracanã had a series of problems at that time, including maintenance. And this is Maracanã, the symbol of football in the world. Our idea was accepted in April 2019, and Flamengo and Fluminense began managing Maracanã. It was a very long learning process and a partnership with Fluminense, which I would say is practically perfect. We are great opponents on the field, but here at Maracanã we are great partners", concluded the Flamengo.
In addition to the presidents, Cláudio Castro (governor of Rio), Nicola Miccione (secretary of the Civil House), Julio Lopes (federal deputy), Rafael Picciani (secretary of Sports and Leisure), Coronel Menezes (secretary) were present at the event. of State of the Military Police), Maria Cristina Teixeira (financial director of the concessionaire) and Severiano Braga (CEO of Maracanã).
When asked about the interest of Flamengo in building its own stadium in the Gasometer region, Cláudio Castro expressed confidence that Rubro-Negro will complete 20 years of management of Maracanã.
“ There is a contract to fulfill. Once the contract is fulfilled, I cannot now think that in some time there will be non-compliance. This is not the manager's role, this is not the role of whoever is here. Flamengo has a contract, signed a contract and will fulfill the contract until the last day. I don't have the slightest doubt. No one signs the contract to break it. If Flamengo had the responsibility to sign, it is because they will fulfill the contract until the next day. So far, in five years, everything that Flamengo and Fluminense signed has been fulfilled 100%. I have no reason to suspect that this will not be fulfilled”, stated the governor of Rio.
Earlier this month, the clubs registered the Specific Purpose Society (SPE) of the Fla-Flu Consortium, called Fla-Flu Serviços S.A, at the Commercial Board of the State of Rio de Janeiro, with responsibility for managing the entire Maracanã Complex, which includes the stadium, gym, parking lots and other equipment.
Since April 2019 , Flamengo and Fluminense have shared management of Maracanã through a Term of Permission of Use, which is valid until the end 2024. The economic division of the company between the partners is 65% for Flamengo and 35% for Fluminense.
This implies that revenues, profits, losses and other obligations will be distributed according to this proportion, although each club manages the results of its own matches as home team. The concession contract provides for significant investments, in accordance with the specifications assumed by the clubs. Of the total of R$ 393 million to be invested in works and maintenance over the next 20 years, R$ 255.5 million will go to the red-blacks and R$ 137.5 million to the tricolors.
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Recognition highlights the importance of the clubs' work in the social field, especially with children and teenagers from projects spread around the world
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On Saturday night, the 21st, Flamengo's Social Responsibility department was notably recognized with the AIDEP Social Impact Award during the FutEdu Summit 2025. The ceremony took place at the Hard Rock Café, in Curitiba, and brought together representatives of clubs and institutions that work with sports and social impact in South America.
Organized by the International Association for the Development of Sports and Parasports - AIDEP, the award is a recognition given to clubs and institutions that use football as a tool for social transformation.
The award highlighted Flamengo's Social Responsibility work as a reference in promoting opportunities for children and teenagers from socially vulnerable contexts, combining football with socio-emotional education, such as Jogaremos Juntos, Flamengo's social project, which includes 1,000 children and teenagers in eight communities in Rio and Baixada Fluminense, as well as other social initiatives of the club that have already impacted more than 200,000 people.
“Welcoming Flamengo to the FutEdu Summit is an immense honor. A club with so much history and relevance in Brazilian football inspires and further strengthens our commitment to education through sport,” said Diogo Netto, CEO of the FutEdu Summit.
The main objective of the Award is to recognize, value and encourage football schools and social projects that use sport as a tool for innovation, education and social transformation. It promotes visibility, strengthens good practices and establishes a standard of excellence in the sports-educational sector.
Mais Querido continues to restructure its current squad and will now have the reinforcement of the athlete, who was elected the best striker in the Turkish championship.
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Sesc Flamengo continues to restructure, with new players arriving and leaving. As such, Mais Querido has signed Simone Lee, a 28-year-old American who played last season for Megabox Vallefoglia-ITA.
Simone Lee 's signing has been rumored for some time. The athlete is 1.88m tall and also has a German volleyball background, enjoying the peak of her career last season. She was voted the best attacker in the 2023/24 Turkish Championship.
Throughout her career, Simone has won two German Championships, one Italian Championship, one German Cup and one Nations League for the United States. She was discovered by Pennsylvania State University and went to Europe in the 2017/18 season.
According to information from the "Garrafão Rubro-Negro" portal, Simone's husband, German winger Lukas Wank , may join Flabasquete. Lukas will come to accompany his wife, but will need to find a new club after leaving Germany.
Last season, Lukas played for the Wurzburg Baskets, playing in 13 games and averaging 2.3 points, 0.6 assists and 1.3 rebounds. Previously, he played for Oldenburg, Skyliners Frankfurt, Lowen Braunschweig, Niners Chemnitz, RheinStars Köln and Science City Jena.
The president of Mais Querido opened up about the moment the club was in after the departure of the former management at the beginning of the year
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Luiz Eduardo Baptista took over as president of Flamengo in January, after winning the red-black elections at the end of 2024. Thus, the leader of Mais Querido gave a quick interview to the press present in the United States and exposed the financial reality that the club found after the end of Rodolfo Landim's management.
Flamengo had money for two days, so Flamengo had a good economic situation, but a bad financial situation", highlighted Bap.
He continued: "If Flamengo were a company earning R$1.5 billion per year, it would have to have around R$300, R$400 million in cash. That's how you run a company. No one runs a large company with less than 3, 4 months of cash in hand. Like that guy who has furniture, furnishings, but no money in the bank. He had no liquidity," revealed Bap.
It is worth remembering that Flamengo released the annual report with the audited financial statements for the 2024 fiscal year. The balance sheet even showed record revenue of R$1.3 billion, but also indicated a 581% increase in net operating debt, which went from R$48 million to R$327 million, and a deficit of R$734 thousand.
Finding itself in a delicate financial situation, Flamengo 's focus at the beginning of the year was to increase its cash flow. Thus, with the non-renewal of David Luiz and Gabigol's contracts, the Rubro-Negro made room in the monthly payroll. In addition, the Rubro-Negro agreed to sell Fabrício Bruno to Cruzeiro for R$44 million.
So, while Bap continues trying to recover Flamengo financially, the red-black squad focuses on the next commitment in the Club World Cup. Rubro-Negro returns to the field this Tuesday (24), at 10 pm (Brasília time), for the match against Los Angeles FC.