Santos post deficit of nearly R$43 million in Q2 2025, see the details | OneFootball

The Fiscal Council of Santos is presenting, this Tuesday, the Administrative Accounting Report for the 2nd Quarter of 2025 to the board members. Gazeta Esportiva obtained access to the document, which indicated a deficit of R$ 42,991,396.

The budget had forecast a debt of R$ 38,823,657. In other words, a difference of 9.69%. In the first quarter of the year, the negative balance was R$ 37.4 million.

The revenue was R$ 123,731,899, compared to a budgeted amount of R$ 81,716,548. Within these revenues, R$ 21,493,507 came from the sale of federative rights and loans, against a budget that had forecast R$ 0.00.

The operating cost was R$ 111,542,139, compared to a budgeted R$ 81,266,060. Within these costs, Santos had a salary remuneration cost (including charges) of R$ 61,284,315, compared to a budgeted R$ 50,042,590.

Finally, the administrative expense for Peixe was R$ 13,014,823, compared to a budgeted R$ 14,461,145.

Professional squad

Expenses with the professional squad, which represent the largest part of the club's payroll and include salaries and image rights, decreased compared to the first quarter.

This reduction in June was mainly due to the reclassification of Neymar’s image rights expense, the break for the Club World Cup with the squad on vacation, and the departure of some players, such as Soteldo, Gabriel Veron, Jair, Leo Godoy, and Kevyson.

Despite this drop, the Fiscal Council believes it is necessary to further reduce the payroll. The body recommended the implementation of a cap proportional to guaranteed revenue and the prioritization of youth academy players.

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