River, the record 33-time champions who were relegated on Sunday, are grappling with a debt of 280 million Argentine pesos ($68.33 million) according to the website www.muyriver.com.ar and stand to lose 26.5 million pesos in television revenue when they play in the Nacional B division next season.
Arch-rivals River and Boca Juniors, Argentina's most popular and successful clubs, take 26.5 million pesos a year in match broadcasting revenue in the top flight, but in the second tier teams earn 3.5 million pesos.
Other belt tightening losses are expected to include lower gate receipts at home and none on the road given the ban on away fans at Nacional B matches due to "Barra brava" violence set against the high costs of opening the Monumental.
River's main sponsor is the Brazilian petroleum company Petronras whose contract of $2.5 million per season is up for renewal in June 2012. They are also being paid $600,000 by Brazil's kitchenware manufacturers Tramontina in a deal until the end of this year.
They had a golden era in production of world class players in the 1990s and early 2000s fetching big fees for the likes of Pablo Aimar, Javier Saviola and Andres D'Alessandro to name only three.
Now, their main assets are teenage playmaker Erik Lamela and 20-year-old striker Rodrigo Funes Mori, whose promising form has dipped badly with River's recent poor run and the confused first team selections of out-of-depth coach JJ Lopez.
