Tag: revenue distribution
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Libra Distribution Rules: Flamengo’s Statute Defense in TV Revenue Dispute
Overview of the dispute The rift between Flamengo and LiBRA (Liga do Futebol Brasileiro) intensified this week after Flamengo acknowledged a court-ordered blockage of a portion of the TV rights payments for the Brazilian Championship. The money in question would be distributed among LiBRA members. In response, LiBRA issued a formal statement challenging Flamengo’s interpretation…
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LiBRA Clarifications on Flamengo’s Position in Brazilian Football
In a formal statement, LiBRA presents a clear distinction between truth and distortion in the ongoing discussions surrounding Flamengo and the future structure of Brazilian football. The federation emphasizes transparency, sustained dialogue, and a collective path that benefits all clubs and the millions of fans who follow the sport across the country. Key LiBRA clarifications…
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Libra Rebutts Flamengo: Revenue Distribution Rule in Statute
Overview of the Flamengo-LiBRA Dispute The latest chapter in the dispute between Flamengo and LiBRA (Liga do Futebol Brasileiro) centers on a court-ordered block on a portion of television rights payments intended for LiBRA members. Flamengo had publicly criticized the decision to suspend a portion of the income and drew media attention to the legal…
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LiBRA Clarifies Flamengo Stance on League Reform and Revenue
LiBRA clarifies Flamengo stance on league reform and revenue distribution LiBRA, the consortium of Brazilian clubs negotiating broadcast and sponsorship rights, has issued a formal clarification regarding Flamengo’s recent public positions. The document underscores the difference between pursuing dialogue through proper, collective channels and actions that could undermine the league’s financial stability. It argues that…