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Flamengo Budget Proposal 2024: Spending Cap and Squad Reformulation Plan

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Budget proposal suggests maximum value for investment in the market

Flamengo is preparing to open its coffers with an eye on reformulating the squad in 2024. However, the club’s Board of Directors formulated a budget proposal for a spending cap. The suggestion will even be voted on on Tuesday night (12).

The Board of Directors proposes that Flamengo spend up to 30 million euros (R$ 160.8 million) on signing players for 2024. In contrast, the same body suggests that Rubro-Negro raise 20 million euros (R$ 107, 2 million) in football athlete sales. information GE.

With Flamengo forecasting a budget of over 1 billion reais with recurring revenue — not counting player sales — the club intends to act strongly in the market for next year. However, the budget proposal may define the spending ceiling this Tuesday (12), in a vote that begins at 6 pm (Brasília time), at the club’s headquarters in Gávea.

PAY ATTENTION TO THE SALARY SHEET

In addition to presenting the spending ceiling, the Fiscal Council and Permanent Finance Committee recommend special attention to expenses. This is because administrative bodies want to analyze the continuous increase in the red and black salary bill.

With such care shown behind the scenes at the club, Rodolfo Landim is preparing to enter the final year of his second term at the helm of the club. Therefore, Flamengo will have elections at the end of 2024 to define who will be the next red-black president for the following three seasons (2025, 2026 and 2027).

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2023-12-12 21:11:15
#Flamengos #Board #Directors #suggests #spending #cap #signings

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