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Brasileiro Side Cruzeiro Reports Third Consecutive Deficit Of R$40M For '14

Published in SportsBusiness Daily Global on 04 / 24 / 15

Similar to the past couple of seasons, Brasileiro side Cruzeiro "had a deficit last year" totaling between R$35M and R$40M, according to Marco Antônio Astoni of GLOBO ESPORTE. In '13, the club's deficit totaled R$22M and in '12, it was R$31M. The club's '14 revenue, however, was more than R$21...

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Tags: Finance, Brazil

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