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Casual Auditores na Mídia
Soccer Investor - England - 03/02/2006
Casual Survey shows state of Brazilian football
Brazilian accountants Casual Auditores Independentes have completed and published a financial survey ofthe country’s top football clubs. The Survey found that the total Assets of the 19 biggest football clubs resents a total value of US$822.7 million, while the total Liabilities equaled US$682.4 million leaving consolidated shareholder equity of US$140.3 million. On average, 49% of the Total Liabilities of the 19 bigger clubs in Brazil are represented by social payments, taxes, contributions and contingencies. Palmeiras, Santos and Atletico-MG were the three biggest clubs in terms of total assets. Some of the clubs studied by Casual are listed below:
Total Assets - 2004 US$ 000
The 19 Brazilian football clubs studied by Casual generated total turnover of US$ 311.65 millions in 2004 and all the football clubs market generated US$ 400 millions. The biggest source of revenue recorded was players transfers and the clubs generating most from this category were Internacional-RS with US$13.4 millions, Santos-SP with US$11.4 millions and Palmeiras- SP with US$11 millions in 2004. It is important to note, however, for comparative purposes that net player transfers income (after player purchases) are not recorded as turnover in many jurisdictions, but as profit. The second most important income category was broadcasting arising from the contract between Clube dos 13 and Rede Globo which generated US$100 millions in 2004. The revenue is divided between the clubs. The third largest source of revenue was sponsorship and advertising, and the clubs which earned most from this were Flamengo-RJ with US$6.3 millions, São Paulo-SP with US$4.9 millions and Corinthians with US$4.8 millions.
The report highlights the distance Brazilain clubs have to travel in order to raise the proportion of money coming from matchday sources. Gate receipts only accounted for 7% of Brazilian club’s income. The clubs which generated most resources from matches were São Paulo with US$2.8 millions, Corinthians with US$ 1.9 million and Bahia SA- BA with US$1.9 million in 2004.
