Palmeiras record R$ 124 million first-half deficit after falling short of player sales target | OneFootball

Palmeiras closed the first half of the year with a R$ 124 million accounting deficit after falling short of planned player sales, according to Globo.com. Keeping key starters has strengthened Abel Ferreira’s squad, but has dented the books.

The club had budgeted a R$ 19.3 million deficit by June, banking on just over R$ 200 million from transfers. Instead, football income that includes sales came in at R$ 49.3 million.

Palmeiras could have closed the gap by selling standouts. Flaco López drew interest from Spartak Moscow and Allan from Aston Villa, with the two deals together worth over R$ 260 million in fixed fees. The club instead kept the core for the second half.

On the pitch, Palmeiras lead the Brasileiro, beat Fortaleza 3-0 in the Copa do Brasil last 16 first leg, and will face Cerro Porteño in the Conmebol Libertadores last 16. The 2026 budget targets R$ 1.2 billion in revenue, with R$ 399.5 million from sales, but revenue by June was R$ 432.3 million against a R$ 619 million forecast. With Europe’s main windows open, fringe deals are possible, and a bigger sale could be weighed at year end.

Commercial income, the second-largest budget line at R$ 259.1 million, delivered R$ 109.1 million in the half against a R$ 133.7 million target. A Copa do Brasil title could add almost R$ 90 million and a Libertadores crown about R$ 140 million above plan, though the budget assumes quarter-final runs in both to limit reliance on results.

Source: Globo.com

“Artificial intelligence was used to assist in creating this article based on reporting from the original source quoted.”