Flamengo have settled a five million US-dollar debt with former FIFA World Player of the Year winner Ronaldinho, according to the Brazilian club’s latest financial statement.
The last 400,000 US-dollar instalment was paid to the former Barcelona star during the January-March financial period.
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Ronaldinho left Flamengo in 2012 and sued the club for unpaid salaries and image rights.
The Rio de Janeiro club later agreed to pay the World Cup winner an upfront sum of 1.5 million US dollars and a further five million US dollars via future instalments.
Ronaldinho scored 28 goals in 72 appearances for Flamengo from January 2011 to May 2012.