Flamengo Nets Over R$16 Million by Finishing Second in Club World Cup

RIO DE JANEIRO, BRAZIL – Despite the sorrow of finishing second in the championship, after losing 1-0 to Liverpool, Flamengo fattened up their coffers somewhat, crowning an excellent season in both financial terms and results on the field.

Second place in the FIFA Club World Cup earned the red-and-blacks an additional R$16.8 million, totaling nearly R$150 (US$37) million in awards this year alone.

For the Libertadores and the Brazilian Championship titles, the red-and-blacks received from the CONMEBOL, the Brazilian Football Confederation (CBF) and sponsors approximately R$127.3 million.

The team returns this Sunday to Brazil, and athletes and coaching staff go on vacation. The re-presentation is scheduled for January 23rd.

From the 2021 season, FIFA will hold the Club World Cup in a new format, with 24 participants and organized every four years.

Flamengo, as the current Libertadores Cup champion, has its place assured, but the competition’s criteria have not yet been disclosed more broadly by soccer’s governing body. In this new Fifa World Cup model, the trend is for the financial awards for clubs to be much higher.

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