Part 5/7:
On the commercial front, Flamengo has secured a new partnership with Chopi, which will take the place of a previous sponsor on the team's shirts. The new deal is worth R$12 million annually, a marked improvement from the previous contract with Kawai, which was R$10 million per year. Moreover, this deal includes additional performance-based incentives linked to Chopi's sales channel, allowing for greater earnings potential.
Payments under this contract will be made in three installments, which aids Flamengo’s cash flow. The partnership is expected to boost Flamengo’s brand visibility and financial stability moving forward.