💵 Libra responds after Flamengo takes legal action and 'freezes' funds | OneFootball

The Brazilian Football League (Libra) issued an official note of repudiation this Friday (26), against the lawsuit filed by Flamengo in court that blocked the transfer of television funds to the clubs in the bloc.

The entity accuses the Flamengo board of "damaging harmony" and "insisting on not respecting commitments made and contracts signed."

The Blockage and the Contract with Globo

Flamengo's lawsuit resulted in an injunction from the Rio court that prevented Globo from making a payment of R$ 77 million to the Libra clubs. This amount would be the second installment related to the 2025 Brazilian Championship broadcast contract. The first deposit, of R$ 76.6 million, had been made in July.

The four-year agreement (2025 to 2029) with Globo, signed in March 2024, totals R$ 1.17 billion plus 40% of the net pay-per-view (Premiere) revenue for broadcasting the games where Libra teams are the hosts.

Reason for the Disagreement

The point of conflict is the method of distributing the funds among the clubs:

Flamengo disagrees with the validity of the 30% share linked to audience ratings, arguing that the statute is not sufficient to determine this payment. Libra states that the topic has already been extensively debated and the majority of members voted to maintain the current format.

Libra's Position

In its note, Libra describes Flamengo's measure as unilateral and sudden, criticizing the stance that "favors short-term individual interests" to the detriment of other teams, which rely on this money for their cash flow, bill payments, and salaries.

The League emphasizes that it will defend in court the legitimacy of collective decisions and the fulfillment of contracts, highlighting that the legal confrontation is directed exclusively at the conduct of the current management of the Flamengo club.

Libra is composed of: Atlético-MG, Bahia, Flamengo, Grêmio, Palmeiras, Red Bull Bragantino, São Paulo, Santos, Vitória, Paysandu, Remo, ABC, Guarani, and Sampaio Corrêa.

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

📸 LUIS ROBAYO - AFP or licensors