Santos boosts revenue, but ends 2025 with debt near R$1 billion | OneFootball

Santos boosted its revenue and brought in R$ 678.5 million in 2025, according to the club’s financial statements. The figure represents growth of nearly 70% compared to 2023. On the other hand, Peixe’s total debt is nearing the R$ 1 billion mark.

In 2023, Alvinegro Praiano posted around R$ 407 million in total revenue. Two years later, the picture improved. The club recorded revenue growth, especially from recurring sources, which practically doubled.

The R$ 678.5 million figure is 60% higher than the budget for 2025. The main revenue sources were: TV rights, player transfers, and the significant increase—more than double what had been projected—in membership revenue (R$ 50 million).

In addition to the increase in top-line revenue, Santos also posted a significant operational improvement. The surplus before financial results jumped from R$ 58.3 million in 2024 to R$ 104.8 million in 2025, indicating greater cash-generation capacity.

Debt nearing R$ 1 billion

On the other hand, Peixe’s total debt also increased. The club’s financial statements showed that its liabilities amount to R$ 998.5 million. Of this amount, R$ 470 million refers to short-term debt, meaning debt due within 12 months.

Even while still posting an accounting deficit, impacted by amortization and financial expenses, the negative result was reduced by around 24%—from R$ 104 million in 2024 to R$ 79 million in 2025. Club president Marcelo Teixeira highlighted the revenue boost and believes the management is on the right track.

“We took over Santos in an extremely challenging scenario, with revenues already committed and little predictability. What we are seeing in 2025 is the result of work focused on reorganization, strengthening recurring revenue, and restoring the club’s credibility in the market. There are still challenges ahead, but the numbers show that we are on the right path to making Santos financially stronger and more sustainable,” the executive said.

See also: All Gazeta Esportiva news Gazeta Esportiva’s YouTube channel Follow Gazeta Esportiva on Instagram Gazeta Esportiva’s WhatsApp channel

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