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CBF surpasses R$1bn revenue mark, Brazil to face Argentina in Melbourne

Bruno Guimarães of Brazil celebrates after scoring the third goal during a match against Bolivia as part of the 2022 Fifa World Cup qualifiers on March 29, 2022 (by Javier Mamani/Getty Images)

The Brazilian Football Confederation (CBF) has broken through the R$1bn ($214.3m/€198.2m) revenue barrier for the first time in its history, fuelled by a 58-per-cent increase in sponsorship income.

The CBF’s general assembly has unanimously approved the governing body’s financial statement for 2021, with total revenue standing at R$1.01bn. This money was mainly derived from three sources, with sponsorship income accounting for over half at R$576m.

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