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CBF approves 2025 accounts at General Assembly

Yahoo Sports

CBF approves 2025 accounts at General Assembly The Brazilian Football Confederation (CBF) unanimously approved the 2025 financial statements during the Ordinary General Assembly held this Monday (27). The financial report presented to the board and representatives of affiliated federations showed a deficit of R$ 182. 5 million, reflecting major investments made to settle liabilities left by previous administrations.

At the Assembly, revenue of approximately R$ 2. 7 billion was approved for the 2026 fiscal year. Since taking office, the current CBF board has begun work with an in-depth analysis of the entity’s financial situation.

Once the diagnosis was made, efforts were focused on balancing the books in order to eliminate the liabilities inherited from previous administrations. The increase in operating expenses in 2025 was 111% compared to the previous year, which explains the R$ 182. 5 million deficit.

Most of this amount comes from the end of the legal dispute involving club Icasa, around R$ 80 million, a debt originating from an episode involving the Ceará club in 2013. CBF president Samir Xaud cited the investments made by the administration and the return of confidence in the CBF, demonstrated by the record number of 12 sponsors Credits: Nelson Terme / CBF Also included in these expenses is an increase in provisions for civil and labor contingencies, with write-offs and settlements totaling R$ 17 million; the revision of the policy for provisioning credit losses, which required write-offs and contributions impacting the result totaling R$ 55 million; an investment of R$ 27 million in logistics expenses due to increased travel by the Brazilian men’s national team for the World Cup Qualifiers and friendlies; as well as investments in marketing (R$ 13 million), technology (R$ 9 million), and institutional, sporting, legal, and communications consulting services, in addition to other general services necessary for CBF operations (R$ 22 million). Another factor weighing on the result is that the CBF’s largest sponsorship contract, with sportswear supplier Nike, had revenue brought forward to the 2024 fiscal year.

The financial report, however, shows the first results of the new administration’s actions, such as the record number of sponsors: 12 in total. For president Samir Xaud, this is one of the clearest signs of the return of confidence the entity has earned in less than a year of work. “We took over with the clear intention of developing our football and leaving a legacy.

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