Financial woes for São Paulo: Libertadores exit costs nearly R$50 million | OneFootball

More than wasting the chance to be the first Brazilian to win the tetra, São Paulo loses, with the elimination in the quarterfinals of the Copa Libertadores to LDU, the chance to win at least approximately R$ 50 million in prize money.

The Morumbi club, going through a real financial chaos and suffocated with a spending cap implemented by the investment fund that manages its accounts, had not projected to reach the Libertadores semifinal in its beginning of the year planning. The goal was precisely the quarterfinals.

However, it is certain and known that the money from the classification was more than internally desired.

If it advanced to the semifinal, the Tricolor would guarantee to its coffers US$ 2.3 million (about R$ 12.2 million).

That said, São Paulo had a chance to go to the final, where it would further fill its coffers. The runner-up prize is US$ 7 million (about R$ 37.1 million). And if the club won the title, it would have the chance to earn US$ 24 million (approximately R$ 127.2 million).

It's another elimination that costs São Paulo's coffers dearly. Falling in the semifinal of the Paulista Championship to rival Palmeiras and in the quarterfinals of the Copa do Brasil to Athletico-PR, the club wasted chances to make good money to alleviate its beleaguered accounts.

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