Broadcast income led Fortaleza SAF’s 2025 football revenue

Broadcast rights accounted for roughly 53% of the 2025 subtotal

The annual statement lists BRL 155.055 million for match transmission within gross football revenue of BRL 290.679 million. Supporter membership and sponsorship were the next two largest lines at BRL 43.003 million and BRL 42.601 million. These amounts are operating revenue categories before the other income lines and deductions in the accounts. Source 1

Performance payments moved in the other direction

The SAF recorded BRL 29.697 million from participation and performance in 2025, below the BRL 43.779 million comparative. Ticketing and memberships both rose in the published columns. Reading the lines separately shows that a rise in gross football revenue can accompany lower income in a competition-related category. Source 1

The 2024 figure comes from the SAF’s formation period

Fortaleza’s notes date incorporation to 8 January 2024 and record approval of an asset-and-liability transfer from the club in August. The financial statements label the comparative column from incorporation to the end of 2024. That starting point matters when comparing year-on-year lines in a newly established football company. Source 1

Revenue and the net result cover different measures

The SAF’s own statements report a BRL 120.141 million loss in 2025. The club council separately described an approximate BRL 74 million deficit from its combined view of the association and the SAF. The table follows the SAF’s financial statement scope, so the two loss figures should be read with their respective reporting boundaries. Source 1 Source 2

Sources

• Fortaleza EC SAF financial statements for 2025, notes 1 and 17
• Fortaleza club council approval and reporting scope