Saudações Tricolores.com
·15 de setembro de 2025
Fluminense plan to cut debt in 2025, move set to impact SAF sale

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Yahoo sportsSaudações Tricolores.com
·15 de setembro de 2025
Fluminense plans to use the extraordinary revenues from 2025 to significantly reduce its debt, which ended 2024 at R$ 871 million. The management believes that this financial relief will be a key point to enhance the negotiation of the future Sociedade Anônima do Futebol (SAF).
The investor group LZ Sports presented a model that foresees the acquisition of 65% of SAF with a mandatory contribution of R$ 500 million, in addition to taking on the club's entire liabilities. The smaller this debt, the greater the share that associative members will be able to maintain in the new corporate model.
• With the current liabilities, for the investor to reach 90% participation (the maximum allowed by law), it would be necessary to disburse about R$ 989 million.
• If the debt is reduced to around R$ 750 million, this cost rises to R$ 1.116 billion, given the expected pricing.
The club relies on several sources for this financial operation:
• The prize money obtained from the campaign in the 2025 Club World Cup, especially for matches up to the semifinals, with a value of R$ 330 million to be credited by the end of October.
• Possible new revenues if it wins the Copa do Brasil or the Copa Sudamericana.
• Sales of players like Kauã Elias, Jhon Arias, and Isaque, whose transfers have already generated significant amounts.
The reduction of the debt is not just an accounting matter: it directly impacts the governance model and the participation of associated fans in the future of Fluminense's SAF. The smaller the liabilities, the larger the share that can remain with the associative, influencing everything from decision-making power to profit sharing.
This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.