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RE: LeoThread 2024-12-25 12:20

in LeoFinance2 months ago

Part 3/7:

In 2024, Flamengo made substantial purchases, including investing around $20 million for Alcaraz, the most expensive player in the club’s history. However, many of these transactions have not been made in a lump sum, leading to outstanding financial obligations that the club must address moving forward. Additionally, the club has incurred expenses related to the acquisition of the Gasômetro land, with a total investment nearing R$170 million. This expenditure has depleted Flamengo's financial reserves, making future spending decisions more conservative.

Future Planning