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Brasileiro Club Flamengo Expecting '15 Pre-Tax Profit Of $25M As Gate Receipts Jump 20%

Published in SportsBusiness Daily Global on 08 / 28 / 15

Brasileiro club Flamengo is "trying to turn the tide after years of financial mismanagement," according to Samindra Kunti of INSIDE WORLD FOOTBALL. Club Chair Eduardo Bandeira de Mello "keeps the club's purse in check" and Flamengo is now projected to close '15 with a pre-tax profit of €22M ($2...

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Tags: Franchises, Brazil

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