Flamengo cut debt by nearly R$200 million in first 6 months of 2025 | OneFootball

Report Adopts Indicator Summarizing the Balance Between What Flamengo Owes and What It Has to Receive

Flamengo released its financial report for the second quarter of 2025 this Thursday (31). The main highlight of the document is the significant drop in net operational debt (EOL), which fell by R$199.2 million compared to the end of 2024.

The management of Flamengo uses the EOL as the main way to measure day-to-day debt. To do this, the club adds up what it needs to pay suppliers, employees, the government, and other clubs, and then subtracts what it has in cash and what it is still set to receive. Based on this calculation, on June 30, 2025, the EOL stood at R$128.2 million. At the end of 2024, the amount was much higher: R$327.4 million.

HOW DID FLAMENGO REDUCE DEBT EVEN IN A DIFFICULT SEMESTER?

Even facing a semester that is usually more ‘tight’ financially, since most revenues only come in starting from the second quarter, Flamengo managed to reduce its operational debt. This result came thanks to player sales, participation in the FIFA Club World Cup, and more efficient management of costs and payment deadlines.

In addition, the club reported that net debt with athletes remained stable compared to previous quarters. This figure represents the difference between what Flamengo still has to pay and what it will still receive from player transfers. The so-called ‘consolidated free cash’ also grew: it increased by R$56 million and closed the semester at R$148 million, marking the first positive balance since 2021.

HOW HAS FLAMENGO PRIORITIZED FINANCIAL RESPONSIBILITY?

The disclosure of this financial data is part of the transparency policy adopted by Flamengo. For this, the club publishes accessible reports along with the financial statements, allowing fans, members, and society to follow the management clearly.

In the first half of 2025, Flamengo raised R$54.5 million from player sales, a 29% drop compared to the same period last year. Even so, the club has already closed important deals that do not yet appear in the balance sheet: Gerson and Wesley were sold for 25 million euros each, and ‘Charly’ Alcaraz for 15 million euros. The three transfers total 65 million euros, equivalent to R$435 million in revenue.

Flamengo has also already invested around R$294.3 million (46 million euros) in reinforcements, with the arrivals of Emerson Royal (9 million euros), Carrascal (12 million euros), and Samuel Lino (25 million euros). So far, the balance sheet records R$167.9 million in signings, a value 21% lower compared to the first half of 2024. However, the report only takes into account data closed up to June 30.

In summary, these expenses include payments for players' rights, as well as signing bonuses and commissions. For now, the club has not yet recorded the negotiations from the second transfer window, which will only be included in the balance sheet starting in July.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.