Listed #36 on the world’s smallest countries, according to the World Atlas, Lebanon as a nation has a population of 13-18 million, with 8-14 million constituting the Lebanese diaspora.
In fact, Brazil inhabits the highest number of Lebanese people, scoring a higher population of Lebanese than in Lebanon!
So, we can assume that a Lebanese descendant is behind that logo. Based on a Reddit thread, one of the businessmen who acquired the club is Lebanese, and thus the logo is an homage to his beloved Lebanon.
Another Reddit user from Brazil says that the team’s director Thiago Alves is as well Lebanese.
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