Botafogo turns to tax breaks to boost the academy, details | OneFootball

Botafogo has started using tax incentive mechanisms to increase the funds allocated to athlete development. The black-and-white SAF has two projects approved by the Rio de Janeiro State Secretariat of Sports and Leisure and is working to raise around R$ 12 million.

RTI Esporte Agency has learned that R$ 4.2 million has already been raised through incentive-based sponsorship. For 2027, Botafogo expects to at least double that amount and expand the participation of companies in its sports projects.

The initiative allows Botafogo to create an additional source of funding for specific projects. The model reduces dependence on revenue directly tied to professional football and directs investment to areas related to athlete development.

Projects include youth academy and women’s football

The projects cover teams from Under-9 to Under-20. The plan also includes women’s football, with actions aimed at both the professional team and the Under-20 side. The funds raised will be used for infrastructure and activities related to sports development.

The initiative seeks to strengthen player development, a strategic area for the Lone Star club in preparing players for the senior team and increasing the value of assets for future transfer market deals.

SAF seeks new ways to raise funds

The tax incentive is part of a broader SAF movement to diversify funding sources. Botafogo is also assessing projects related to the Rouanet Law, expanding fundraising possibilities for institutional and cultural initiatives.

In this context, Botafogo Films, the club’s audiovisual production company, also appears as a platform for projects that fit within the incentive mechanisms provided for by law, expanding fundraising possibilities for institutional and cultural initiatives.

The resources obtained through these instruments are earmarked for specific purposes and must follow the rules established in the approved projects. Their execution is also subject to oversight by the responsible public bodies.

Strategy should gain ground in 2027

The search for resources beyond traditional football revenue is happening alongside efforts to expand the development structure. With the incentive-backed projects, Botafogo aims to create a more diversified financial base to support medium- and long-term actions.

The projection of increasing fundraising next year shows that the model should remain part of the SAF’s planning. The expectation is to turn tax incentives into a permanent tool to support athlete development and other sports initiatives at the club.

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