SectorWire
SearchGet the daily briefing
Menu

Brazilian sports ministry cancels meeting with football clubs after boycott threat

Regulation

Brazil’s Ministry of Sport cancelled a meeting with football clubs scheduled for 29 September in Brasília after club officials threatened a boycott over a provisional measure signed on 25 September. The cancellation notice cited logistical issues, and the ministry had not set a new date; Corinthians, Internacional and Atlético-MG remained in talks over a proposed financial support package.

The cancellation delays talks on support for clubs affected by the measure’s impact on sponsorships.

Request a correction

Keep reading

Regulation

São Paulo governor declines emergency credit priority for football clubs

São Paulo Governor Tarcísio de Freitas said on 30 September that emergency credit for football clubs affected by Brazil’s betting ban would not take priority for state support, reportedly. He said other businesses and sectors had greater needs, citing merchants, companies facing US tariffs and rural agriculture affected by climate-related disasters. Clubs were assessing potential sponsorship losses at a meeting hosted by the São Paulo Football Federation.

Continue reading