Santos report rising debt levels as club faces life in Brazil’s second tier
![Santos](https://www.insideworldfootball.com/app/uploads/2015/12/Santos.jpeg)
May 1 – Santos, who were relegated to Brazil’s Serie B last season, have reported rising debt of more than 4%, from R$578 million ($111 million) in 2022, to more than R$600 million in 2023.