Santos Futebol Clube president Marcelo Teixeira defended his management after the debt exceeded R$ 1 billion. The financial report of Santos for the first quarter showed that the total liabilities at the end of March reached R$ 1.094.039.000.

What happened?

The debt of Santos Futebol Clube increased from R$ 998.500.000 in December to R$ 1.094.039.000 in March.

Why is this important?

Teixeira attributed the increase to interest and monetary corrections of values owed by previous management.

What's next?

The president of Santos Futebol Clube stated that the debt will continue to increase even with an austerity plan.

YearDebt
2025R$ 998.500.000
2026R$ 1.094.039.000

Marcelo Teixeira also downplayed the result of the first half balance by justifying, for example, the return of loaned players, which increases the expenses with the squad.