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RE: LeoThread 2025-01-10 17:08

in LeoFinance10 hours ago

Part 5/10:

Despite these challenges, Flamengo's financial situation is not as dire as some might believe. The club's historical debt has substantially decreased under the previous regime, and while a temporary cash flow crunch has emerged, foundational revenue streams, including sponsorship deals, remain robust. Currently, Flamengo can draw upon pre-arranged funding from financial institutions for immediate financial relief, assuring stakeholders that salaries and incentives will not be jeopardized.