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RE: LeoThread 2025-01-10 17:08

in LeoFinance10 hours ago

Part 3/9:

The conversation harkens back to 2020, when Atlético, under the new leadership of the Menin family, began investing aggressively to transform itself into a powerhouse in Brazilian football, aiming to rival high-spending clubs like Flamengo and Palmeiras. Nevertheless, despite initial promises to reduce debt, the club's financial health did not improve as expected; rather, it evolved into a debt-laden situation that left the club unable to sustain its commitments.

Sustainability of Operations