Brax has delayed payments due under its agreement with Botafogo, according to reporting by journalists Rodrigo Mattos and Igor Siqueira published on Friday. The company sells football advertising and has a separate agreement with the club. The overdue amount and a deadline for payment have not been disclosed. The news puts another of Botafogo’s commercial revenue streams in focus. The money is part of the club’s expected income, but when it will arrive remains unanswered.

League also affected by delays

According to the journalists, Brax has also delayed payments to Futebol Forte União, a group of Série A clubs. Besides its agreement with the league, the company has separate contracts with teams including Botafogo, Corinthians and Cruzeiro. The existence of those contracts does not in itself mean they all face the same problem. The report links the worsening payment delays to the provisional measure affecting betting advertising. Betting companies were major advertisers on the boards sold by Brax.

What remains unknown

The amount owed to Botafogo, how long it has been overdue and a payment deadline have not been disclosed. There is also no confirmation that the club’s agreement has been terminated or that the revenue has been permanently lost. A late bill is not a cancelled bill, but it will not pay itself either. The journalists said they contacted one of Brax’s partners and received no response.