Palmeiras delivered a record financial performance in 2025, highlighting the accelerating growth of Brazilian football’s business model.
The São Paulo-based club reported revenue of €293 million and net profit of €48 million, despite not winning a major title during the year.
Revenue Nears European Level
Professional football generated the bulk of income, totaling €243 million.
Player transfers—exceeding €100 million—remained the club’s primary revenue driver.
Prize Money Leads Income
Competition prizes brought in €52 million, boosted by a run to the Copa Libertadores final.
Sponsorship followed at €33 million, while TV rights contributed €30 million.
Stadium Drives Matchday Growth
Membership program Avanti generated €12 million.
Ticketing (€11 million) and stadium operations (€11.8 million) added further stability.
Wage Bill Tops Spending
Palmeiras spent €86.5 million on personnel, primarily first-team salaries.
Transfer amortization reached €37.5 million, with €18.7 million allocated to image rights.
Costs Remain High
Total expenses climbed to €203.9 million, reflecting the club’s aggressive investment in talent and infrastructure.
Debt Still Significant
The club reported total liabilities of €260.5 million, with €107 million due in the short term.
Net equity stood at €93.5 million at year-end.