Palmeiras closes the first two months of 2024 with a surplus of R$46.8 million

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Palmeiras released this Tuesday morning (26) the financial balance sheets for the months of January and February 2024. The numbers indicate a surplus of R$46.839 million in the period, leveraged by the receipt of amounts related to athlete negotiations. Verdão received around R$106.5 million, around R$50 million more than initially projected.

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In January, the club’s revenue was R$128.764 million, approximately R$54.88 million more than expected, mainly due to revenue from the sale of players. Thus, due to the jump in revenue generation, the surplus in the period was R$46,631, completely opposite to the R$6.3 million deficit initially projected.

In February, the club’s revenue was R$63.641 million, approximately R$9.10 million more than expected. Palmeiras closed the month with a minimum surplus of R$207 thousand reais, but with a better result compared to what was initially predicted – a deficit of R$10.63 million.

Thus, as in the months in question, in the year to date, the numbers are considerably higher than those budgeted at the beginning of the season – R$46.839 million surplus realized against R$16.940 million budgeted deficit.

The debt with Crefisa, sponsor of the Biggest Champion in Brazil, fell significantly in 2023. In January of last year, the value was around R$69 million. In February 2024, the value is around R$21.4 million.

It is worth remembering that, on a recurring basis, in order to preserve its financial health, Palmeiras tends to budget modest sporting results, so as, in theory, not to run a serious risk in the event of failure in competitions.

Palmeiras today: In a bad performance, Verdão loses to <a href=Santos in the first leg of the Paulistão final” width=”185″ height=”308″ srcset=”https://nossopalestra.com.br/wp-content/uploads/2024/01/cropped-Resumo-do-Dia .png 640w, https://nossopalestra.com.br/wp-content/uploads/2024/01/cropped-Resumo-do-Dia-225×300.png 225w, https://nossopalestra.com.br/wp-content /uploads/2024/01/cropped-Resumo-do-Dia-150×200.png 150w” sizes=”(max-width: 640px) 100vw, 640px” loading=”lazy” decoding=”async” >

Palmeiras today: In a bad performance, Verdão loses to Santos in the first game of the Paulistão final

Performances: Santos x Palmeiras – check player notes

Performances: Santos x Palmeiras – check player notes

Palmeiras today: Endrick follows individual schedule in preparation for the Paulistão final

Palmeiras today: Endrick follows individual schedule in preparation for the Paulistão final

Remember all of Abel Ferreira's finals for Palmeiras

Remember all of Abel Ferreira’s finals for Palmeiras

What has changed since the decision between Palmeiras and Santos in the 2015 Copa do Brasil

What has changed since the decision between Palmeiras and Santos in the 2015 Copa do Brasil


The article is in Portuguese

Tags: Palmeiras closes months surplus R46 .8 million

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