Soccer

Flamengo issues official statement due to "Fake News" involving the club

With strategic investments and an asset structure that is constantly increasing in value, Flamengo states that it is prepared to face future challenges

Flamengo issues an official note on its profile (Photo / Flamengo)
Flamengo issues an official note on its profile (Photo / Flamengo)

09 Nov 2024 | 09:50 |

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In a detailed statement, Flamengo expressed concern about the way in which he of the press has portrayed its finances. The club claims that the information provided does not reflect the entire scenario, ignoring aspects such as the elimination of bank debts and positive cash flow. Current management states that the club is in one of the most solid financial moments in its history, highlighting investments and the ability to maintain positive cash, even after significant acquisitions.


The first point addressed in the note deals with investments in equity versus financial obligations. According to Flamengo, management has zeroed out bank debt, which means that the club no longer has interest expenses on loans. Furthermore, the club highlights that even with significant investments, such as the acquisition of land for the new stadium and the maintenance of a competitive squad, the cash flow still remained positive at R$45 million. The board emphasizes that this strategy was approved by the Deliberative Council, ensuring that there are no tax liabilities or bank debt.


PROJECTIONS FUTURES AND INVESTMENTS 


The Flamengoalso clarified how it plans to replace the cash used in its investments. With the completion of the stadium, the club estimates that it will raise R$150 million through the sale of captive seats, generating significant financial replenishment. This process, however, will only begin after the internal elections, respecting the administrative transition. The continuity of the stadium project depends on the next administration, but planning is already underway to ensure a transition without interference in the project.

Since the change of management in 2018, Flamengo's assets have shown significant growth, going from R$8 million in cash to more than R$45 million currently. This growth was possible due to asset appreciation and investment strategies. The club's appreciation includes not only financial assets, but also structural improvements and the expansion of the training center and headquarters. These investments consolidate the club as one of the strongest in financial and patrimonial terms in Brazilian football.


VALUE OF FLAMENGO DE GENERAL FORM

The appreciation of the red and black cast It is one of the highlights of the current administration. The market value of Flamengojumped from R$178 million in 2018 to more than R$650 million in 2024. Management invested heavily in strategic signings, including the arrival of Léo Ortiz, Matias Viña, Nicolás de La Cruz, Carlos Alcaraz, Alex Sandro, Gonzalo Plata and Michael, totaling R$306 million in reinforcements. This investment, according to the note, was made with its own resources and paid in cash, reinforcing the club's commitment to maintaining a competitive squad.


Soccer

Video: Former Flamengo player Alcaraz scores a great goal for Everton and celebrates 'winger' CR7

Argentine midfielder scores a great goal in the English League Cup for the English team during the English League Cup; the player had a brief stint at Mengão

With a short stint at Flamengo, Carlos Alcaraz stands out for Everton with a great goal in the English League Cup - photo: reproduction
With a short stint at Flamengo, Carlos Alcaraz stands out for Everton with a great goal in the English League Cup - photo: reproduction

28 Ago 2025 | 15:03 |

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Former Flamengo player Carlos Alcaraz was one of Everton's protagonists in the 2-0 victory over Mansfield, from the English third division, this Wednesday (27), in the third phase of the English League Cup. The Argentine midfielder scored a beautiful goal from outside the area and celebrated in the style of Cristiano Ronaldo , showing confidence in his new club.


Signed in July 2024 by Flamengo , Alcaraz was the most expensive reinforcement in the history of Rubro-Negro at the time, with an investment of 20 million dollars (R$ 110 million at the exchange rate of August 28, 2024). For Mais Querido, the Argentine played 19 official matches, scoring three goals and providing two assists , leaving his mark despite his short stint at Mengão .


TROUBLED EXIT AND OUTBURST


The midfielder made no secret of his dissatisfaction with the way his departure from Flamengo was reported. In an exclusive interview with ESPN, he dismissed the reports circulating about his transfer as "lies" and emphasized that he wanted to remain at the Rio de Janeiro club.

" I just have to say that everything they said about me is a lie. That's all I have to say. They said a lot of things about me. Filipe (Luís), (José) Boto, and I know why I decided to leave. That's all! Let people rest assured. I really wanted to stay at Flamengo, I wanted to stay because I know what a player I am. They tried to turn people against me," Alcaraz said.


The Argentine added: " After they said they couldn't find the position, I obviously didn't like it. I'm a player and I can adapt to any position," reinforcing that he would have been willing to play in different areas of the field had he remained at Mengão.

CHECK OUT THE GOAL


Soccer

Flamengo makes decision on loaning Victor Hugo to Santos

The 21-year-old midfielder's transfer has been blocked by Mais Querido due to mandatory clauses and financial guarantees required by the BAP president.

Victor Hugo's negotiations with Santos have been blocked by Flamengo due to mandatory clauses and financial guarantees - photo: reproduction
Victor Hugo's negotiations with Santos have been blocked by Flamengo due to mandatory clauses and financial guarantees - photo: reproduction

28 Ago 2025 | 14:46 |

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With no place at Flamengo, 21-year-old midfielder Victor Hugo 's negotiations with Santos have stalled. Since returning to Turkish football, he has played little and is on the Mais Querido's list of transferable players. Despite the approval of coach Filipe Luís and director José Boto, the deal depends on the demands of president Luiz Eduardo Baptista , known as Bap.


The transaction was moving forward, with acceptances from Filipe Luís and Boto, but Bap conditioned approval on obligation clauses based on targets, not just a future option. Furthermore, the Mengão president requested financial guarantees from Santos to avoid the risk of default , according to journalist Lucas Musetti of UOL.


LOAN MODEL


The loan model provides for immediate payment and the possibility of purchase based on target dates. Another requirement from Bap is that the deal must not jeopardize reinforcements at other Brazilian clubs . However, this issue shouldn't be an obstacle if Santos accepts the requested financial and contractual clauses.

The president's stance follows a previous pattern, as was the case in the Thiago Maia deal with Santos . At the time, Bap only authorized the midfielder's transfer after guarantees of payment were received, blocking the deal without proof of payment.


VICTOR HUGO'S CURRENT SITUATION

While the negotiations remain uncertain, Victor Hugo continues to train normally under Filipe Luís and seeks opportunities at Flamengo . The player's release will depend on Santos meeting all the club president's demands, but there is still the possibility of an agreement if the terms are accepted.


Soccer

Down! Flamengo releases multi-champion youth player for European football

The Mais Querido released the standout player from the two-time U-20 Libertadores championship to Portuguese football, maintaining half of the athlete's economic rights.

Lucas Furtado is released by Flamengo to Vitória de Guimarães, with 50% of his economic rights maintained - photo: Flamengo
Lucas Furtado is released by Flamengo to Vitória de Guimarães, with 50% of his economic rights maintained - photo: Flamengo

28 Ago 2025 | 14:29 |

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Flamengo has released 20-year-old goalkeeper Lucas Furtado to sign with Vitória de Guimarães in Portugal. The youngster, considered a hero in the club's second U-20 Libertadores title , recently lost his place in the team due to his refusal to renew his contract, which was due to expire in December 2025.


Lucas Furtado failed to reach an agreement with the Red-Blacks to extend his contract, and gradually dropped out of the starting lineup for the U-20 team. In the Intercontinental Cup final against Barcelona, 18-year-old Léo Nannetti took over and excelled in the match , reinforcing the club's decision to allow the young goalkeeper to leave.


The athlete played a key role in Flamengo 's U-20 Libertadores campaigns. In 2024, against Boca Juniors, he played a role in almost the entirety of the team's undefeated run . The following year, he stood out by saving two penalties in the final against Palmeiras, cementing his reputation as one of the top players in Mengão's youth academy.


NEXT CALL

Lucas Furtado said goodbye to his teammates during training last Wednesday and remains selected for the Brazilian U-20 team's friendlies, the last opportunity before the final roster for the U-20 World Cup is announced, scheduled for September. The Mais Querido retains 50% of the goalkeeper's economic rights , guaranteeing participation in a future negotiation if the player excels in Europe.


LORRAN ALSO LEAVING

Flamengo made official this Thursday (28) the departure of Lorran, one of the talents revealed at Ninho do Urubu. The player will go to Pisa, in Italy, where he will undergo medical examinations before joining the new club . The transaction involves an initial payment of 500 thousand euros (approximately R$ 3.1 million) to Mais Querido.



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