Brazil's Palmeiras posts R$124 million first-half deficit, six times forecast

espn.com.br (Portuguese)

Palmeiras ended the first half of 2026 with an accumulated deficit of R$124 million, six times larger than the R$19.4 million budgeted for the year. June alone produced a R$58.1 million shortfall, as revenues reached R$37.08 million against expenses of R$91.22 million. Professional football costs totaled R$559.79 million in the semester, while the department generated R$358.22 million. The result contrasts with 2025, when Palmeiras posted record revenue of about R$1.7 billion and a R$292.4 million surplus. The club blamed the World Cup pause for lower cash flow.


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Brazil's Palmeiras posts R$124 million first-half deficit, six times forecast | News Minimalist