Well that is something that has to be taken into account when measuring relative value. It doesn't matter how passionate fans are if the economy struggles. And Brazil is South America's biggest economy and gateway to the wider global market. When their economy struggles so does South America's most of the time...
I agree with you! I was just pointing the reason for that is the financial crisis in Brazil, if the crisis is solved they will get a way better. Said that just because the data makes Brazilian league looks like they were struggling from 2012 to 2015, but that was their best period financially. They had the debut of about 14 modern stadiums in that period and the structure is getting better everyday.
Yes, but probably not by a lot. https://www.statista.com/statistics/804471/value-soccer-teams-latin-america/ https://latinamericanpost.com/23145-this-are-the-richest-football-teams-in-latin-america