Equality: "a general principle of law according to which all are equal before the law, and no distinction should be made between persons in the same situation. The status of those governed by the same laws." It was with this in mind that the Board of Directors of Clube Regatas do Flamengo submitted the "Equality Amendment" to the 2016 Bylaws for approval by the Deliberative Council in October 1992. The proposal's main objective is to redefine exemptions and benefits for the different categories of members—without affecting those who already enjoy the acquired exemption benefit—so that, if approved, the percentage of paying members will increase, rebalancing the social club's cash flow and thus enabling investments in improving the quality of the club's headquarters and even reducing monthly fees.

Since 2013, the current administration has been guided by principles of transparency, professionalism, and financial sustainability. Many of these changes were only possible thanks to the participation and support of the club's board members, such as the Rubro-Negra Financial Responsibility Law (LRFRN), an amendment to the club's bylaws that made Flamengo the first Brazilian club to comply with PROFUT. Continuing this path of progress, according to Varejão, further reforms are still necessary to maintain the club's long-term sustainability—with each area capable of generating sufficient revenue to cover its costs. This would be the case with the "Equality Amendment."

The Social Club's main source of revenue is monthly membership dues, and currently, approximately 54% of the 11 full members and 11 dependents do not pay any monthly dues. This creates an imbalance that affects the financial sustainability of the club's Social Headquarters; this hinders the implementation of improvements and even the maintenance of the club's infrastructure.

"All revenue from membership fees is used to cover the social club's expenses. This amendment recognizes the historical factors that motivated the granting of these benefits and advocates for respecting acquired rights. However, we must recognize that the current set of rules, in which more than half of the members do not contribute to the common costs, has resulted in a social club that for many years fell short of the greatness of Flamengo," explained Edmilson Varejão, Vice President of the General Secretariat.

The change would not affect the categories of members who already enjoy the acquired exemption benefit, such as the current Emeritus, Benefactors, Grand Benefactors, Laureates, Honorary Members, and Owners acquired before 1992 ("pre-92"), but would eliminate the privilege for those who would benefit in the future, with the exception of Honorary and Redeemed Members. The amendment also proposes ending the hereditary nature of "pre-92" Ownership titles; that is, when the title is transferred, the exemption of the current holder's right would be terminated.