Grêmio spend R$ 95 million on player costs in the first quarter of 2026 as deficit hits R$ 124 million | OneFootball

Grêmio spent R$ 95 million on player remuneration and image rights in the first quarter of 2026, and finished the period with a R$ 124 million deficit.

According to Globo.com, the club paid just over R$ 30 million a month across wages, signing-on fees, charges and image rights.

Remuneration, charges and signing-on fees totalled R$ 57 million across the three months, while image-rights contracts cost R$ 38 million. The latter outlay was higher than budgeted, in part because early-season contract terminations fall under that heading.

The 2026 budget had forecast R$ 45 million for salaries and R$ 23 million for image rights. A separate line for compensation payments recorded R$ 21 million, although most of that is to be settled over 24 months.

There were 21 departures involving players on the books or returning from loan. Internally, the view is that finances are fragile, and that the first quarter was heavily affected by those exits and a squad rebuild.

An opinion from the club’s Finance Affairs Commission of the Deliberative Council, presented in late May, said recent recruitment has strained cash flow and raised an alert over financial fair play compliance. It recommended seeking new revenue, including exploiting the Arena, and making sales in the next transfer window.

Source: Globo.com