Flamengo Reports R$1.56 Billion Through Q3, Projects Record Year Above R$1.8 Billion

Overview

• The third‑quarter filing shows total revenue of R$1.56 billion from January to September, already surpassing 2024, with recurring revenue of R$1.05 billion up 27% year over year.
• Executives now forecast more than R$1.8 billion in full‑year revenue, comfortably ahead of the R$1.3 billion initially budgeted.
• Player trading generated R$511 million, including Gerson to Zenit for R$158 million, Wesley to Roma for R$154 million, Carlos Alcaraz to Everton for R$90 million, Matheus Gonçalves to Al Ahli for R$51 million and Fabrício Bruno to Cruzeiro for R$43 million.
• Other inflows include R$152.6 million from the FIFA Club World Cup, a positive operating cash flow of R$173.9 million, and a new Betano master sponsorship worth R$268.5 million per season.
• Spending also surged, with Samuel Lino acquired for about R$195 million, Jorge Carrascal for R$107 million, Emerson Royal for R$78.6 million and Juninho for R$40 million, while on the field Flamengo reached the Libertadores final and sits second in the Brasileirão after a Copa do Brasil exit in the round of 16.