Santos reports debts surpassing R$ 1 billion amid financial scrutiny

Santos’ Fiscal Council has disclosed that the club's total debts exceed R$ 1 billion, reaching R$ 1.094 billion as of March 31, 2026. The report, which will be reviewed by the Deliberative Council next Tuesday, indicates that this figure is an increase from December's R$ 998.5 million. The rise in liabilities includes a significant jump in labor obligations and image rights costs. Labor costs increased from R$ 37.7 million to R$ 68.8 million, while image rights rose from R$ 26 million to R$ 50.9 million. The council noted that while debts have risen, the current figures are better than earlier projections of R$ 1.16 billion.

• 11:07 AMYahoo Sports — 💸 Report says Santos debts top R$ 1 billion