Flamengo delays the payment in installments by the striker and renegotiates the term

The effects of the football strike also affected Gávea. In addition to the first installment of the payment of defender Leo Pereira to Atlético, the Rio club also did not pay the second installment in reference to the purchase of Thiago, the former Nautico striker. The first installment (of 300 thousand euros) was paid at the time of purchase and the second was to fall into the coffers of Pernambuco on April 1.

Rubro-Negro informed the Pernambucans in advance about the delay, affirmed that it did not receive transfers from partners and reported that it seeks to resolve the debt as soon as possible.

The acquisition closed at the end of last year for 1.3 million euros. In the balance of 2019, Flamengo still reports a debt of 1.05 million euros. There are five planned installments. The first of 300 thousand euros in December and the other four of 250 thousand euros in April, June, August and October.

For the PVC blog, football director Bruno Spindel, who is in charge of these negotiations, said that Flamengo “is in a good situation, but the crisis requires renegotiating some previous agreements.” The club confirms the debt and renegotiates the dates to settle its commitments.

Thiago, 18, was the first signing of Flamengo for the 2020 season. He was featured in Serie C last year and will cost the club R $ 7 million about 70% of the player’s economic rights, 18% of the rights. The economic ones still belong to Náutico, with 12% of the athlete himself.

Credit line

After losing the sponsorship of Royal Olive Oil, which was worth R $ 3 million to Flamengo, delaying the transfer of R $ 8.8 million from Adidas, Flamengo will use a line of credit approved last year, in the amount of R $ 40 millions. The information was revealed by the journalist Gustavo Henrique, on the “Gustavo Henrique Dando Choque” channel.

In the balance of 2019, not yet approved by the powers of the club, Flamengo reported in the text on the 2019 administrative year:

“In addition, to reinforce consistency in financial management, the club has, as of 2019, an approved and pending bank credit line worth R $ 40 MM to finance any cash contingency, given the successful management flow cash, there was no need to use this instrument until now. “

For now, Rubro-Negro has not yet agreed to a pay cut. In the 2019 balance sheet, published in March, the board analyzed whether it was possible to absorb the financial impacts for up to three months. So far, the club has yet to make any changes to its budget.

Recovered from: Globo Esporte