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Soccer

Rodrigo Tostes reveals how to finance Flamengo stadium

At the event to launch Bap's candidacy, former leader criticizes Landim and denies SAF to fund the Arena

Photo: MRN
Photo: MRN

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Last Monday (9), Bap launched his candidacy for the presidency of Flamengo and presented some important names from your plate. Among them, Rodrigo Tostes stands out, former deputy of Finance in the Bandeira and Landim administrations, who detailed the project for the construction of the new Mengão stadium and criticized the current administration's planning.

Tostes stated that Flamengo has the capacity to generate all the revenue necessary to finance the construction of the stadium. He believes that poorly executed processes, such as the relationship with fan partners, have delayed the club's growth. The objective is to increase revenue in a few years.


“The money for the stadium is within Flamengo , working efficiently, combining marketing, finance, making all products and projects, managing and managing. Today you buy a fan membership, you go to Maracanã, there is no queue for you. We are going to increase the club's profitability”, said Tostes.


The former manager projected that Flamengo will be able to achieve revenues of R$2 billion in three to five years, representing a growth of 53.8% compared to the R$1.3 billion raised last year, which was a record in Brazilian football. He emphasized that this goal can be achieved without compromising sporting performance or creating a Football Anonymous Society (SAF).

“This money is in there, it is with this money that we will increase profitability and the club will earn 2 billion in revenue in 3, 4, 5 years. Today Flamengo makes 1 billion and 300 and only generates 150 million in cash. Why? Because it increased revenue and increased expenses exponentially.”


“We will build on the premise of the past for Bap, without compromising sporting performance. And SAF no way, you don't need SAF to do this. We are already talking to the best professionals in the world, companies in the world, chatting, listening. The feeling I have, someone who recently left Flamengo, is that the stadium will be a great opportunity to start generating more cash, better results and we can be more efficient with our investment”, he commented.

Tostes criticizes Landim management

Tostes also criticized the current management de Landim, especially the idea of ​​selling the naming rights to finance part of the stadium work. Although the estimate is that an agreement could yield around R$1 billion, Tostes believes that the value could be double in the future and that the competing parties in the elections "don't know how to do it".

“The The stadium's money is not in the stadium, in the naming rights, in the sale of boxes... This will all be worth double down the line, and they will sell it now. (…) So this money is within the club. You just can't tell them they don't know how to do it. The people here know how to do it and that's why there won't be SAF.”

In addition, he stated that Flamengo "stopped taking care of its investments correctly" and that maintaining revenue in the range of R$ 1.3 billion may not be enough to build the stadium, which could lead to the sale of the club.< /p>

“If you leave it there with 1 billion and 300, you will need SAF. Anyone who thinks that 1 billion and 300 is enough and is already reaching the ceiling is mistaken. We have the potential for much more than that and to be much more efficient with resource management within the club”, concluded Rodrigo Tostes.



Soccer

Lineup: With changes, Flamengo announces the starters who will face Peñarol at Maracanã

The teams play the first game of the quarterfinals at 7 p.m.

Gilvan de Sousa/CRF
Gilvan de Sousa/CRF

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Tite defined Flamengo and announced the 11 starters who will face Peñarol, this Thursday, at Maracanã, at 7pm. De la Cruz returns to the starting lineup in place of Léo Ortiz, and Alex Sandro and Plata were retained. The duel with the Uruguayans is the first between the teams in the quarter-finals of the Copa Conmebol Libertadores. Follow the Red and Black lineup:Rossi, Varela, Fabrício Bruno, Léo Pereira and Alex Sandro; Pulgar, De la Cruz, Gerson and Arrascaeta; Plata and Bruno Henrique.

Alex Sandro and Plata, debutants in last Sunday's classic, remain in the team after having good performances in the draw against Vasco. Gabigol is now out of the relationship due to fibrosis in the posterior muscle of his right thigh. Flamengo, in a statement, reported that the athlete did not suffer any injury in the region. Check it out:


"The Clube de Regatas do Flamengo informs that the athlete Gabriel Barbosa underwent tests that did not diagnose an injury to the posterior muscle of his right thigh. However, the Technical Committee opted for precaution and did not list him for the duel against Peñarol due to fibrosis in the region. Gabi is handed over to physiotherapists and physical trainers for the series of decisive games of the season."




Soccer

CONMEBOL Libertadores | Flamengo x Peñarol (URU) - Follow live

Match starts at 7pm this Thursday

Reproduction
Reproduction

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Flamengo faces Peñarol (URU) in the first game of the CONMEBOL Libertadores quarter-finals and, here, you can watch the broadcast, live, with 2h30 of pre-game, interviews, the team's arrival at Maracanã and everything more.

Follow the match live here:





Team

FLAMENGO’S FINANCIAL REPORT POINTS TO MILLION-AID LOSS IN THE FIRST QUARTER OF 2024; CHECK THE NUMBERS

Mais Querido highlighted that the loss was expected and that it could increase revenue throughout the year

Photo: Reproduction
Photo: Reproduction

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This last week the Flamengo released the first financial statement of 2024, for the months of January to March and with it, came the news that Rubro-Negro had a loss of R$63 million. However, there is nothing to worry about, as it is natural that there will be less revenue coming in due to the calendar.

According to information in the financial report released by Flamengo, the main sporting competitions of the professional team only take place at the end of the first quarter. Therefore, revenue generation is lower.

VALUES WERE ABOVE EXPECTATIONS

Despite the deficit presented, the values ​​of Mais Querido were above expectations, according to as informed by the report. This was due to the increase in revenue from sponsorships, advertising and licensing.

FINANCIAL REPORT RESULTS

Flamengo's revenue, which was mentioned in the first quarterly balance sheet, is R$ 171, 7 million, with EBITIDA (Profit before Juris, Taxes, Depreciation and Amortization) of just R$ 8.6 million, a negative result, but one that the club already expected.

REVENUE REDUCTION

According to what was released by the club, Mais Querido showed a drop in revenue compared to the same period in 2023. The R$ 171.7 million generated in 2024 is opposed to the R$ 185 million presented in 2023. This is because revenues last season were boosted by the Club World Cup, the Brazilian Super Cup and the Recopa Sudamericana.




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