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Brazilian football teams brace as R$1.5bn+ in revenue disappears

Our write-up of a story first reported by NEXT.io

Brazilian football teams brace as R$1.5bn+ in revenue disappears

Brazil's temporary ban on betting advertising will cost Serie A football clubs around R$1.03bn ($201m) in sponsorship revenue in 2025. Consultancy Convocados estimates total losses exceed R$1.5bn when pitch-side advertising and broadcaster packages are included.

Operators are taking different approaches. Vitória lost its 2027 contract with 7K Bet worth $8.8m after the operator terminated without penalty, citing the temporary measure. Santos suspended its R$85m deal with Novibet. The market expects Flamengo's Betano contract and Corinthians' Esportes da Sorte deal—worth up to R$200m annually through 2029—to be paused. The logic mirrors COVID-19 suspensions: preserve relationships while waiting for Congress or the Supreme Court to overturn the measure.

Betting accounted for 7.2% of Serie A club revenue (R$14.3bn in 2025), but exposure varies sharply. At São Paulo, betting represents 73% of marketing income. Flamengo puts its own losses at R$430m and has already produced 400,000 kits carrying the Betano logo for 2027.

Clubs discussed suspending the championship and have filed to join the Supreme Court case challenging the measure. The temporary ban was signed nine days before elections and polls at 73% voter support, according to AtlasIntel/Bloomberg.

No direct replacement has emerged. Chinese automakers BYD and GAC, along with Huawei, are entering sponsorship but in secondary positions. Analysts agree payments will not return quickly, and when they do the terms will differ—shorter contracts with protective clauses. Fabio Wolff of Wolff Sports says regulatory risk is now part of the equation and investors will price it in. Cesar Grafietti of Convocados calls the core problem legal uncertainty: a law was passed without being allowed to function.

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