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Flamengo Soccer Club Reports Annual Revenues of Nearly R$1 Billion

RIO DE JANEIRO, BRAZIL - Flamengo released its 2019 annual report on Thursday. Last year, the club had record operating revenues of almost R$939 million. In the previous year, the revenue had amounted to R$543 million.

According to the report, the main revenue source was the sale of economic rights of players. The club raised R$337 million with negotiations in the period.

Another peculiarity was the disclosure of the amounts collected from the sale of athletes. With Pablo Mari, for instance, Subscribe to our Premium Membership Plan. Already Subscribed?

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