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South America

Infantino congratulates River Plate, Argentina’s first qualifier for 2025 Club World Cup

May 15 – Buenos Aires giants River Plate have qualified for the 2025 Club World Cup after overcoming Libertad from Paraguay on Tuesday in the Copa Libertadores, becoming the first Argentinian club to clinch a spot in the expanded 32-team tournament. 

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South America

Clubs call for suspension of league after floods devastate southern Brazil

May 15 – Brazilian clubs have demanded the suspension of the top flight Serie A following the floods that have hit in state of Rio Grande do Sul.

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South America

Betano supports Argentina launch with league naming rights

May 15 – Kaizen Gaming brand Betano has become the title sponsor and exclusive betting partner of the Argentina Football Association’s (AFA) Liga Profesional de Fútbol.

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Football Marketing

Betfair expands into Brazilian market with record Vasco da Gama shirt deal

May 14 – Brazilian club Vasco da Gama has signed a new main sponsorship with Flutter Entertainment online betting brand Betfair.

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Broadcast

GolTV put under pressure to pay rights fees in Ecuador as players go unpaid

May 13 – GolTV, the pay-television broadcaster that holds domestic rights to Ecuador’s top-tier Serie A, faces losing its lucrative contract as a 15-day countdown begins for them to pay clubs outstanding rights fees.

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FIFA

Maradona’s 1986 World Cup Golden Ball trophy to be auctioned in Paris

May 8 – Diego Maradona’s Golden Ball trophy from the 1986 World Cup, which went missing for decades, will be auctioned in Paris next month and is expected to raise millions.

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South America

Argentina mourns loss of World Cup winner César Luis Menotti, 85

May 7 – César Luis Menotti, the charismatic coach who led Argentina to their first World Cup title in 1978, has died at the age of 85, the Argentine Football Association has announced.

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Finance

Botafogo increased borrowings as Textor spreads the cash around

May 7 – Botafogo has borrowed R$333 million ($65.6 million) from American owner John Textor, but not all the cash has remained in the club.

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South America

New medical report casts doubt over cause of Maradona’s heart attack ahead of homicide trial

May 3 – A medical examiner’s report into the death of Argentine legend Diego Maradona has questioned evidence in the criminal negligence case brought against eight medical workers a month before they are set to stand trial for homicide.

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Football Asia

Fluminense debt hits $160m but club shows increased profit

May 2 – Fluminense are the latest Brazilian club to report rising debt levels in their 2023 financial year, now running at more than R$800 million ($156.5 million) in 2023. This is despite the Rio club reporting an operating surplus of R$78 million ($15.3 million).

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Legal

CAS clears Brazil’s Gabigol of attempted anti-doping fraud

May 1 – Flamengo striker Gabriel Barbosa has been cleared to play again, pending an appeal against his ban for a violation of anti-doping rules, the Court of Arbitration for Sport (CAS) said on Tuesday.

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Finance

Santos report rising debt levels as club faces life in Brazil’s second tier

Santos

May 1 – Santos, who were relegated to Brazil’s Serie B last season, have reported rising debt of more than 4%, from R$578 million ($111 million) in 2022, to more than R$600 million in 2023. 

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Finance

Ronaldo exits Cruzeiro ownership with $117m sale to Pedro Figueiredo

April 30 – Brazilian legend Ronaldo has sold his stake in his boyhood club Cruzeiro following criticism over his management. Supermarket chain billionaire Pedro Figueiredo has acquired 100% of the club.

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South America

Botafogo owner Textor receives 45-day ban for Palmeiras match fixing comments

April 29 – Botafogo owner John Textor has been suspended by Brazil’s Supreme Court of Sports Justice (STJD) for 45 days following his allegations of match manipulation by rival club Palmeiras. 

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Football Marketing

Unilever signs on for Copa América 2024 in US to push its personal care brands

Aril 29 – Unilever will be a first-time sponsor for Conmebol’s Copa América that will be played in the US across 14 cities from June 20 to July 14.

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