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Flamengo blaze money trail for Brazilian clubs with projected €22m profit


By Samindra Kunti
August 27 – Brazilian football has been in a grim state ever since Brazil’s unforgiving 7-1 defeat to Germany at the 2014 FIFA World Cup, but slowly leading club Flamengo is showing the way forward with its sound financial management under chairman Eduardo Bandeira de Mello, resulting in substantial pre-tax profits.

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