Brazil’s Santos suffer World Cup blues as accounts bleed red

Robinho

By Ricardo Setyon
October 23 – Santos, one of the world’s most iconic football clubs and the home team of Pele and more recently Neymar, is facing the battle of its life, perhaps even for its life. Expensive player acquisitions, dwindling attendances and 2015 TV money already spent, the club is in a desperate financial position despite currently sitting 7th in the Brasileirão.

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