Palm Trees Have R$ 196 Million Deficit by August, but Number Does Not Worry
4 Articles
4 Articles
Palmeiras recorded a deficit of R$ 39.6 million in August and achieved a cumulative negative result of R$ 196 million in the year.
Club closed August with result R $ 91 million below budget The Palms closed August with deficit of R $ 39,6 million and reached a
Leila Pereira, President of Palmeiras. (Photo: Vitor Palhares/Lance!) Palmeiras closed August with a deficit of R$ 39.6 million, in contrast to the surplus of R$ 51.7 million projected for the period in the season budget. With the result, the club accumulates a deficit of R$ 196 million in 2026. The figures are shown in the balance reported by the institution.The difference, however, must decrease in the next balance disclosed by the club, which…
Palmeiras accumulated a financial deficit of R$ 196.1 million by August 2026, as reported by the club. The result, which represents almost R$ 200 million in negative balance, was well below the projected surplus and still does not consider the sale of the midfielder Allan to Manchester City. The financial scenario of Verdão differs drastically from what had been budgeted for the period. The expectation was of a surplus of R$ 73.7 million by Augu…
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