LiBRA Rebuts Flamengo Chief as R$77 Million TV Payout Remains Frozen and Revenue Dispute Moves to Arbitration

Overview

• Flamengo president Luiz Eduardo Baptista accused the league of favoring Palmeiras and criticized club chief Leila Pereira in a new interview.
• A court injunction obtained by Flamengo has blocked R$77 million from a Globo payment intended for LiBRA clubs.
• In an official note, LiBRA called Baptista’s remarks “reckless and negligent,” defended its staff, and said Flamengo did not lose money under the deal.
• LiBRA published projections that Flamengo would receive about R$10.6 million per home game in 2025 under the contract that allocates 40% equally, 30% by performance, and 30% by audience.
• The core dispute over how the audience-based share is calculated across open TV, pay TV, and streaming will be decided in court-ordered arbitration, while Palmeiras is reported to be weighing legal action to access the frozen funds.