Fluminense has requested the Supreme Federal Court to join as amicus curiae in the case where the National Confederation of Commerce of Goods, Services, and Tourism asks the STF to declare the betting law unconstitutional. The tricolor team took the opportunity to request that it be maintained, arguing that a possible repeal would be a blow to its finances and those of other clubs. It is the first statement from a football club in the action.
As Lauro Jardim advanced in his column in O Globo, Fluminense claims that a considerable part of the resources allocated by the bets to advertising actions is reverted, “in the form of sports sponsorships”, in favor of the teams. It is stated in the document:
"The impact of such funds on the development of professional football in the country is undeniable. Currently, 75% of the clubs in the Serie A of the Brazilian Championship have companies that explore sports betting as their main sponsors”.
“It is estimated that, in 2024, the amounts resulting from contracts with the bets will represent almost 15% of the total revenues of the clubs from the two main divisions of the national competition”.
Fluminense signed a contract of more than R$ 150 million with Superbet in April this year for three seasons, becoming one of the five highest agreements in Brazilian football.
Next Monday (11), the Supreme Federal Court will hold a public hearing with several stakeholders to discuss the impacts of online betting on public health and the economy.
Fluminense's request to be amicus curiae in the STF action, if accepted, authorizes it to present memorials and to make oral arguments in trials.
Source: O Globo
