Flamengo Close to Acquiring Portuguese Second Division Club Leixões, Opening Door to Euro Revenue

Flamengo club president Rodolfo Landim has stated that the club’s acquisition of Portuguese second division club Leixões SC is in the final stages.

Flamengo Close to Acquiring Portuguese Second Division Club Leixões, Opening Door to Euro Revenue

“We are in talks with Leixões. If there is further progress, we will submit it to the board for approval.”

Flamengo hopes to open a door to the European market, raise its profile, earn euro revenue, and create a showcase platform in Europe for some players, especially young players transitioning from youth to professional levels. Flamengo has discussed a study that shows that players playing in Europe are 20% more expensive than those playing in South America.

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