Neymar's team is in huge debt

Santos, one of the most traditional clubs in Brazil, is going through the darkest period in its history.

Santos falls into crisis. Photo: Reuters .

Not only did Neymar's team perform poorly in the national championship, it is also deep in financial crisis with a huge debt of more than 150 million euros, according to Brazilian press.

The national championship of this country has only 4 rounds left to end, but Santos's performance has made fans worried. The team is currently ranked 16th with 37 points, just 1 point above the relegation zone. The prospect of Santos being relegated to Serie B is entirely possible. If this becomes true, Santos's already exhausted financial situation will be even more serious.

In that context, the team's management is considering converting to a joint stock company model and selling up to 90% of shares to private investors. According to the current valuation, Santos is worth about 346 million euros. If this plan is successful, the deal could become one of the biggest transactions in the history of Brazilian football.

Although not officially put up for sale, Santos has attracted the attention of many big names in the world , notably Chelsea through the parent group BlueCo, Qatar Sports Investments (QSI), the owner of PSG, and the Saudi Arabia Public Investment Fund (PIF), the owner of Newcastle and several clubs in the Saudi Pro League.

Santos, the team associated with Pele and Neymar, is now struggling to survive. In the context of a crisis that covers both the field and behind the scenes, the future of this traditional team is becoming dark.

Neymar scored when receiving the ball from midfield. On the morning of November 20, Neymar scored in the 1-1 draw between Santos and Mirassol in round 34 of the Brazilian National Championship.

Source: https://znews.vn/doi-cua-neymar-vuong-khoan-no-khong-lo-post1605191.html