Fluminense exceeds economic expectations with Libertadores final spot

They will also receive more financial support based on their final position in the Brasileirão, thanks to the contributions of the CBF

Desmond Efe-Khaese

2023-11-01 12:31:20

Image Credits: © (@FluminenseFC on Twitter)

Marcelo’s arrival at Fluminense has made a resounding impact on the esteemed Rio de Janeiro club. Under the guidance of Fernando Diniz, who currently serves as Brazil’s interim coach, the team is on the precipice of a historic endeavor.

They are on the cusp of claiming their maiden Copa Libertadores title, a triumph that would elevate them to unprecedented heights in the world of sports. This accolade would grant them entry into the forthcoming Club World Cup in 2024 and secure a coveted passport to the inaugural FIFA Club World Cup scheduled for 2025.

In terms of their financial success, Fluminense has remarkably exceeded the club’s most optimistic financial forecasts for the season. Their initial projections aimed at reaching the round of 16 in the Libertadores, progressing to the quarterfinals in the Brazilian Cup, and finishing sixth in the Brasileirão.

While they faltered in the Cup, being eliminated in the second round, they currently occupy the eighth position in Serie A, with a promising chance to achieve that coveted sixth place. What truly stands out is their incredible monetary windfall through their exceptional performance in the Libertadores.

A breakdown of Fluminense financial circle

Here is a layout of Fluminense financial circle:

Fluminense’s financial windfall for the season was initially budgeted at 13.35 million euros.
They have already surpassed this figure, with their current earnings standing at an impressive 16.2 million euros, and the potential for further growth.

This total includes:

- The substantial 6.75 million euros awarded to each finalist.
- An additional 10.55 million euros promised if they clinch the coveted trophy.
- The ultimate champion of the Libertadores is set to receive a substantial prize of 17.3 million euros, in addition to the 6.75 million awarded to the runner-up.
- These earnings are further enhanced by the accumulation of financial rewards throughout the competition:

- - 2.8 million euros for advancing to the group stage.
  - An extra 280,000 euros for each hard-fought victory.
  - Progressing to the round of 16 adds 1.18 million euros to their earnings.
  - Making it to the quarterfinals brings an additional 1.6 million euros.
  - Reaching the semifinals results in a substantial 2.15 million euros.

Fluminense’s financial prospects for the season are far from being limited to their performance in the Libertadores. They will also be receiving additional financial support based on their final position in the Brasileirão, thanks to the contributions of the Brazilian Football Confederation.

This noteworthy leap in financial prosperity compared to 2022 is of considerable significance, especially when considering that Fluminense earned a mere total of 12.57 million euros throughout the entirety of the previous year.