Henrique do Carmo sale nearly doubles São Paulo’s transfer income | OneFootball

Cotia's gem left Morumbi for an absurd value (Rubens Chiri/SPFC)

RAFAEL EMILIANO@rafaelemilianoo

Although the real value of athlete negotiations involving São Paulo is not usually made official — Galoppo can attest to that —, based on estimates published by the press, it is possible to get an idea of how much the club has amassed from sales, loans, and solidarity mechanism in 2025. After the sale of Henrique do Carmo to CSKA, it is estimated that the total value is close to R$ 260 million.

This corresponds to about 67% more than was forecast in the Tricolor's budget for the season (R$ 154.8 million).

However, if only what was budgeted for the first nine months of the year is considered, this percentage rises to 134%, which corresponds to more than double: for the period, the club projected R$ 110.6 million with this type of revenue.

It is worth noting, however, that the amounts are not all transferred at once: some are installment-based. However, for accounting purposes, for the effect of surplus or deficit, they enter the 2025 exercise, even if they are only received in the future.

Furthermore, not all values corresponding to sales will remain in São Paulo's coffers, as they refer to what was effectively paid by the buying club.

In other words, São Paulo will have to transfer a percentage to other economic rights holders. In the case of Henrique do Carmo, for example, Tricolor is entitled only to 85% of the sale. It is not clear whether the value in the budget refers to 100% of the rights, with the transfers appearing in the expenses column.

This is one of the reasons why a similar table that has been circulating on social networks is different from the one published with this report.

Another reason is the value of some of the transactions. For revenues with the solidarity mechanism. Finally, the other table includes the names of Patryck, whose loan to Pafos, from Cyprus, was aborted — he even trained with the squad this Tuesday (9) —, and Vitinho, whose transfer from Atlético San Luis to Tijuana did not trigger the solidarity mechanism, as it involves clubs from the same country, Mexico.

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