Flamengo Posts R$1.56 Billion Through Q3, Projects 2025 Revenue Above R$1.8 Billion

Overview

• Recurring revenue reached R$1.05 billion through September, a 27% year-over-year increase, according to the third-quarter report.
• Player sales totaled a record R$511 million in 2025, led by Gerson to Zenit (R$158 million), Wesley to Roma (R$154 million), Carlos Alcaraz to Everton (R$90 million), Matheus Gonçalves to Al Ahli (R$51 million) and Fabrício Bruno to Cruzeiro (R$43 million).
• Record transfer spending included Samuel Lino at about R$195 million, Jorge Carrascal at R$107 million and Emerson Royal at R$78 million, with Juninho added for R$40 million earlier in the year.
• Flamengo reported a landmark master sponsorship with Betano paying R$268.5 million per season, with additional stadium-related income to be recognized in the year-end accounts.
• In prize-money tallies across Brazilian clubs, Flamengo has about R$252 million so far in 2025 as finalists Flamengo and Palmeiras surpass R$500 million combined, while Fluminense currently leads with R$363.1 million.