Flamengo and Libra Face a Growing Battle over Broadcasting Funding
2 Articles
2 Articles
The legal dispute between Flamengo and Libra (Brazilian Football League) has been going on for less than a month since the injunction that blocked transfers between the clubs, and has been marked by official statements, interviews with executives, and parallel legal and administrative actions. The controversy began with a request to review the criteria for distributing funds from television broadcasting rights and led to the freezing of R$77 mil…
Flamengo President: Liga Forte Deal Better Than Libra Contract
Flamengo Admits LFU Deal Was Better: A Wake-Up Call for Libra? Rio de janeiro, Brazil – In a candid admission that’s sending shockwaves through Brazilian football, Flamengo’s president, Luiz Eduardo Baptista (Bap), has openly declared that the club, along wiht the Libra bloc, “poorly negotiated” their media rights deals. The stark contrast? The rival Liga Forte União (LFU),which includes Botafogo,apparently struck a much more advantageous agreem…
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