President Marcio Braga opened the meeting by swearing in Councilor Sebastião Pedrazzi as the club's new Vice President of Finance. José Carlos Dias, who has held the role until now, continues as Director of Finance along with Luis Felipe Brandão, former Vice President of Finance under Helio Paulo Ferraz.

Continuing, President Marcio Braga emphasized that he will take advantage of the economic crisis to make profound changes to the club's management model with immediate administrative reforms, establishing priority projects and their respective managers, who will answer only to the President.

1. The Gávea Revitalization Program, delivered today to Governor Sergio Cabral, will be under the responsibility of the General Vice President, Delair Dumbrosck.

2. The restructuring of the football department, which should be organized as a business corporation, will be the responsibility of former president Helio Paulo Ferraz.

3. The Petrobras contract is already finalized and will be announced jointly with the company. Flamengo will have its own marketing agency to manage the club's marketing, whose executive director will be Ricardo Hinrichsen, the club's current marketing manager.

4. Social responsibility programs will be developed by an OSCIP organized by the Great Benefactors through an agreement with the club.

5. Regarding Olympic sports, President Marcio Braga stated that Flamengo is, and will continue to be, a multi-sport club. \ The board decided to prioritize rowing and basketball, and Flamengo no longer has the resources to maintain top teams with resources from its membership, academies, and, especially, soccer.\

6. The President also emphasized the importance of raising awareness about the policy of distributing public resources for Olympic sports: "The COB President stated that he no longer believes in clubs developing athletes, but he forgets that 77% of the athletes who represented Brazil in Beijing are linked to clubs such as Flamengo, Pinheiros, Minas Tenis, Fluminense, Corinthians, Sogipa, Vasco, and Grêmio Náutico União. According to Folha de São Paulo, in addition to the funds from the Agnelo Piva Law, the COB spent 10 million in public money on consulting for the Rio 2016 bid, 6,7 million for the team preparing the dossier, and 7 million for the IOC's visit to Rio, while FIFA visits 18 cities for the World Cup and does not spend a single cent of public money. If any of these funds had reached Flamengo, the club would not be experiencing this situation in Olympic sports."