Part 1/8:
Financial Challenges in Brazilian Football
Brazilian football clubs, particularly those in the Liga do Futebol Unificado (LFU), are currently facing significant financial challenges, primarily linked to delayed TV contracts and a reliance on television revenue as a source of funding. As negotiations proceed, clubs are beginning to feel the pressure of not having secured guaranteed cash flows from broadcasters, particularly Globo, whose role as a guarantor for loans has historically provided a safety net for these clubs.