Fortaleza's athletic success is accompanied by impressive financial numbers. In 2022, the club exceeded expectations and generated the highest revenue in the history of the Northeast: R$267.8 million. The value of operating profit represents a 90% increase in relation to the R$ 141 million foreseen in the previous season's budget. Fortaleza presented costs and expenses of R$208 million, while the annual allocation was R$32.2 million, the largest ever recorded by a club from Ceará. Below, the LANCE! details the finances of Tricolor do Pici, with a comparison between what was budgeted and what was actually done and the club's revenues for 2022 and 2021, in addition to the 2023 budget. Related Lance! Biz FIFA's latest move to advance Women's World Cup broadcast rights Lance! The Biz 05/02/2023 Has started! Biz Cristiano Ronaldo and Messi lead the list of the highest paid athletes in the world; Look at Lance's top 10! The Biz 05/02/2023 Has started! CBF's Biz Finance in 2022: entity increases revenue from television rights and breaks revenue record Lance! Biz 02/05/2023 + CBF increases revenue from television rights and breaks revenue record In 2022, Fortaleza was four-time champion of Ceará and undefeated champion of the Copa do Nordeste. He competed in the Libertadores for the first time in history, reaching the round of 16. In Series A, he managed to come in eighth place and, in the Copa do Brasil, he was eliminated in the quarterfinals. - Fortaleza has been following the path of professionalism for some years, with paid managers, with goals and objectives and with results on the field. These results bring the path to financial return through advances in tournaments, prizes, international tournaments, player sales and a significant expansion of the fan membership program – said president Marcelo Paz + What unites Libra and what separates Libra LFF Pound. in forming a league? Understand the key points OF THE BUDGET AND DECLARATION One way to evaluate the club's financial journey is to compare the budget (with the forecasts made by the board before the start of the year) and the balance sheet (with the numbers realized). In 2022, Fortaleza surpassed itself in revenue from all sources. Broadcasting rights/prizes, sponsorships and fans produced more than Marcelo Paz's management expected for the season. Main sources of revenue for Fortaleza in 2022 (value foreseen in the budget in parentheses) Broadcasting rights and prizes – R$ 118.1 million (R$ 67.3 million) Sponsorships – R$ 22.2 million and office (R$ 10 million) Tickets R$ 18.5 million (R$ 15.4 million) Sponsors and social networks - R$ 35.3 million (R$ 18.7 million) Player transfers - R$ 19.6 million (R$ 10 million) Sales in own stores (R$ 5 million - R1 3.3 million) Fortaleza had an increase in box office revenue (Photo: Mateus Lotif/ Fortaleza) The difference between what was budgeted and what was accomplished has two meanings. The first is that the board draws up a budget before the start of the season, without taking into account the prize money, for example. Also noteworthy is sporting performance, which boosted revenue from shows, box office and merchandise sales. The board had the right to improve sponsorship contracts and close other commercial agreements. HOW TO GET TO 2022 IN 2021. stores (R$ 16.1 million), box office (R$ 12.8 million) and sponsorships (R$ 12.8 million). Until then, the only team in the Northeast that managed to surpass the R$200 million revenue barrier was Bahia, which earned R$208.6 million in 2021. Fortaleza surpassed its rival by a narrow margin. The analysis becomes even more impressive when we compare the last six years of Tricolor do Pici: between 2017 and 2022, the club's revenue increased by more than 1,100%. Fortaleza's revenue growth year on year: 2022: R$267.8 million (Series A) 2021: R$175 million (Series A) 2020: R$86 million (Series A) 2019: R$120.5 million ( Series A) R220 million US$51.6 million (Series A) 2018: R$51.6 million (Series A) 2018: R$51.6 million (Series A) 2018: R$51.6 million (Series A) B) 2017: R$24.4 million (Series C) by Marcelo Paz da Fortaleza ( Mateus Lotif/FEC) BUDGET 2023 Fortaleza estimated total revenue of R$ 208.6 million for the 2023 season. However, they are made under strict conditions and can be made. to win again. The club, for example, will surpass revenues from just the “sponsorship” line with a massive new agreement with Novibet, signed in March this year. To exceed the R$267.8 million paid in 2022, Tricolor will need to maintain or increase other sources of revenue, mainly those related to awards and performance in competitions. Finishing in the third division of the Libertadores, the club will have to travel to the South American Championship to repeat last year's achievements. Follow Lance! on Google Most Read Stories 1 Off the field, Vini Jr.'s attitude is that he's going to have fun. and Mbappé, from Real Madrid, draws attention on the web 2 Outside the Brasileirão stadium: see title chances after Botafogo's draw and Palmeiras' victory 3 Outside the stadium Botafogo fans choose the case of a narrow defeat: '4It's worth it lose!' Business How much did Rayssa Leal earn by winning the SLS division in Tokyo? 5 Flamengo Flamengo Stadium will have a capacity for 78 thousand people and will be inspired by European fans; check out the photos from Lance's newsletter! Stay up to date on sports and your favorite team with one minute of reading! Sign up for the best Games of the morning! Article More News Stay up to date with everything! See more Lance! Business Find out how much Cruzeiro is giving up second place in the Copa Sudamericana 11/23/2024 - 7:27 pm Bid! Biz Midea will be the official sponsor of the Sul-Americana and Libertadores Feminina from 2025 11/23/2024 - 4:26 pm Bid! Business How much did Rayssa Leal earn by winning the SLS division in Tokyo? 23/11/2024 - 2pm Bidding! Business Find out how much Cruzeiro can earn in the Copa Sudamericana final 23/11/2024 - 09:34 Bid! Biz Brasileirão is the second most profitable league in the world; see list 11/23/2024 - 06:30 Bidding! Biz Racing x Cruzeiro: see the economic difference between Copa Sudamericana players 11/23/2024 - 05:15 Bidding! Biz Estádio do Flamengo will have capacity for 78 thousand people and will be inspired by Europeans; see photos 11/22/2024 - 8:28 pm Lance! Business How much did Rafael Nadal earn during his tennis career? 11/22/2024 - 8:15 pm Related Lance! Biz FIFA's latest move to advance Women's World Cup broadcast rights Lance! The Biz 05/02/2023 It has started! Biz Cristiano Ronaldo and Messi lead the list of the highest paid athletes in the world; Look at Lance's top 10! The Biz 05/02/2023 It has started! CBF's Biz Finance in 2022: organization boosts revenue from television rights and breaks revenue record Lance! Business 05/02/2023Understand how Fortaleza exceeded expectations and achieved the highest revenue in the history of the Northeast
Fortaleza's athletic success is accompanied by impressive financial numbers. In 2022, the club exceeded expectations and generated the highest revenue in the history of the Northeast: R$267.8 million. The value of operating profit represents a 90% increase in relation to the R$ 141 million foreseen in the previous season's budget. Fortaleza presented costs and expenses of R$208 million, while the annual allocation was R$32.2 million, the largest ever recorded by a club from Ceará. Below, the LANCE! details the finances of Tricolor do Pici, with a comparison between what was budgeted and what was actually done and the club's revenues for 2022 and 2021, in addition to the 2023 budget. Related Lance! Biz FIFA's latest move to advance Women's World Cup broadcast rights Lance! The Biz 05/02/2023 Has started! Biz Cristiano Ronaldo and Messi lead the list of the highest paid athletes in the world; Look at Lance's top 10! The Biz 05/02/2023 Has started! CBF's Biz Finance in 2022: entity increases revenue from television rights and breaks revenue record Lance! Biz 02/05/2023 + CBF increases revenue from television rights and breaks revenue record In 2022, Fortaleza was four-time champion of Ceará and undefeated champion of the Copa do Nordeste. He competed in the Libertadores for the first time in history, reaching the round of 16. In Series A, he managed to come in eighth place and, in the Copa do Brasil, he was eliminated in the quarterfinals. - Fortaleza has been following the path of professionalism for some years, with paid managers, with goals and objectives and with results on the field. These results bring the path to financial return through advances in tournaments, prizes, international tournaments, player sales and a significant expansion of the fan membership program – said president Marcelo Paz + What unites Libra and what separates Libra LFF Pound. in forming a league? Understand the key points OF THE BUDGET AND DECLARATION One way to evaluate the club's financial journey is to compare the budget (with the forecasts made by the board before the start of the year) and the balance sheet (with the numbers realized). In 2022, Fortaleza surpassed itself in revenue from all sources. Broadcasting rights/prizes, sponsorships and fans produced more than Marcelo Paz's management expected for the season. Main sources of revenue for Fortaleza in 2022 (value foreseen in the budget in parentheses) Broadcasting rights and prizes – R$ 118.1 million (R$ 67.3 million) Sponsorships – R$ 22.2 million and office (R$ 10 million) Tickets R$ 18.5 million (R$ 15.4 million) Sponsors and social networks - R$ 35.3 million (R$ 18.7 million) Player transfers - R$ 19.6 million (R$ 10 million) Sales in own stores (R$ 5 million - R1 3.3 million) Fortaleza had an increase in box office revenue (Photo: Mateus Lotif/ Fortaleza) The difference between what was budgeted and what was accomplished has two meanings. The first is that the board draws up a budget before the start of the season, without taking into account the prize money, for example. Also noteworthy is sporting performance, which boosted revenue from shows, box office and merchandise sales. The board had the right to improve sponsorship contracts and close other commercial agreements. HOW TO GET TO 2022 IN 2021. stores (R$ 16.1 million), box office (R$ 12.8 million) and sponsorships (R$ 12.8 million). Until then, the only team in the Northeast that managed to surpass the R$200 million revenue barrier was Bahia, which earned R$208.6 million in 2021. Fortaleza surpassed its rival by a narrow margin. The analysis becomes even more impressive when we compare the last six years of Tricolor do Pici: between 2017 and 2022, the club's revenue increased by more than 1,100%. Fortaleza's revenue growth year on year: 2022: R$267.8 million (Series A) 2021: R$175 million (Series A) 2020: R$86 million (Series A) 2019: R$120.5 million ( Series A) R220 million US$51.6 million (Series A) 2018: R$51.6 million (Series A) 2018: R$51.6 million (Series A) 2018: R$51.6 million (Series A) B) 2017: R$24.4 million (Series C) by Marcelo Paz da Fortaleza ( Mateus Lotif/FEC) BUDGET 2023 Fortaleza estimated total revenue of R$ 208.6 million for the 2023 season. However, they are made under strict conditions and can be made. to win again. The club, for example, will surpass revenues from just the “sponsorship” line with a massive new agreement with Novibet, signed in March this year. To exceed the R$267.8 million paid in 2022, Tricolor will need to maintain or increase other sources of revenue, mainly those related to awards and performance in competitions. Finishing in the third division of the Libertadores, the club will have to travel to the South American Championship to repeat last year's achievements. Follow Lance! on Google Most Read Stories 1 Off the field, Vini Jr.'s attitude is that he's going to have fun. and Mbappé, from Real Madrid, draws attention on the web 2 Outside the Brasileirão stadium: see title chances after Botafogo's draw and Palmeiras' victory 3 Outside the stadium Botafogo fans choose the case of a narrow defeat: '4It's worth it lose!' Business How much did Rayssa Leal earn by winning the SLS division in Tokyo? 5 Flamengo Flamengo Stadium will have a capacity for 78 thousand people and will be inspired by European fans; check out the photos from Lance's newsletter! Stay up to date on sports and your favorite team with one minute of reading! Sign up for the best Games of the morning! Article More News Stay up to date with everything! See more Lance! Business Find out how much Cruzeiro is giving up second place in the Copa Sudamericana 11/23/2024 - 7:27 pm Bid! Biz Midea will be the official sponsor of the Sul-Americana and Libertadores Feminina from 2025 11/23/2024 - 4:26 pm Bid! Business How much did Rayssa Leal earn by winning the SLS division in Tokyo? 23/11/2024 - 2pm Bidding! Business Find out how much Cruzeiro can earn in the Copa Sudamericana final 23/11/2024 - 09:34 Bid! Biz Brasileirão is the second most profitable league in the world; see list 11/23/2024 - 06:30 Bidding! Biz Racing x Cruzeiro: see the economic difference between Copa Sudamericana players 11/23/2024 - 05:15 Bidding! Biz Estádio do Flamengo will have capacity for 78 thousand people and will be inspired by Europeans; see photos 11/22/2024 - 8:28 pm Lance! Business How much did Rafael Nadal earn during his tennis career? 11/22/2024 - 8:15 pm Related Lance! Biz FIFA's latest move to advance Women's World Cup broadcast rights Lance! The Biz 05/02/2023 It has started! Biz Cristiano Ronaldo and Messi lead the list of the highest paid athletes in the world; Look at Lance's top 10! The Biz 05/02/2023 It has started! CBF's Biz Finance in 2022: organization boosts revenue from television rights and breaks revenue record Lance! Business 05/02/2023