Debt pressures are high, and Big Roose's Cruzeiro budget this year is only 14% of 2020

According to brazilian media Global Sports, Da Luo began to rectify the financial order of the club after the acquisition of Cruzeiro, and the club's budget for competitive affairs in 2022 was only 14% in 2020.

On December 18 last year, Ronaldo announced that he would spend 400 million reais to buy a 90% stake in Cruzeiro, becoming the owner of the first club in his player's career. But the club's debt pressure is high, with player transfer-related debt reaching 140 million reais (about $25 million) over the next two years, with a total debt of up to 1 billion. As soon as He took office, He announced that he would open source and reduce expenditure to tide over financial difficulties.

It is reported that the club's competitive affairs budget for 2022 is 35 million reais (about 6.2 million US dollars), only 14% of the 250 million reais in 2020, and nearly half of the 65 million reais in the first half of last year.

Cruzeiro was relegated from the Liga for the first time in its history in 2019, failed twice in 2020 and 2021, and can only play in the 2020 and 2021 leagues for the third consecutive year. On December 17 last year, the club's board of directors voted to transform Cruzeiro from a non-profit association into a football company, and then Ronaldo funded the acquisition, becoming the first personal boss in Cruzeiro's history.

(Volcano)