News

Official Statement

By - in
Notice to the market and society in general 

CLUBE DE REGATAS DO FLAMENGO, having taken cognizance of the announcement widely disseminated to the financial market and investors on August 29 and 30, 2019, regarding the issuance of R$ 390.000.000,00 (three hundred and ninety million reais) in 2 series of debentures, by the company Flamengo Participações S/A, clarifies the following:

- The company Flamengo Participações S/A does not have any type of corporate relationship or other type of relationship with CLUBE DE REGATAS DO FLAMENGO;

- The issuance of debentures by Flamengo Participações S/A, coordinated by Banco Votorantim, has no responsibility or relationship with CLUBE DE REGATAS DO FLAMENGO;

Therefore, in view of the principles of clarity and legality that guide the market, CLUBE DE REGATAS DO FLAMENGO refutes any type of association with the company Flamengo Participações S/A and informs that it is investigating all information related to the matter and that it will take all applicable administrative and/or legal measures to safeguard the interests of CLUBE DE REGATAS DO FLAMENGO, its partners, administrators and members.