CAS orders Corinthians to pay millions for Charles debt, transfer ban | OneFootball

By Fabio Luigi / Central do Timão Editorial Team

Corinthians was ordered by FIFA’s Court of Arbitration (CAS) to pay just over R$ 6 million to Denmark’s Midtjylland for failing to complete payment for the signing of defensive midfielder Charles, 29, in July 2024. The decision is dated March 31, and, as a result, Alvinegro has 45 days from the publication of the ruling to settle the outstanding debt with the European club.

If it does not pay the debt, Corinthians could face a transfer ban, something it recently went through. The information was first reported by ge.globo. The amount in question refers to payment of the third and final installment for the player’s transfer. During the administration of ousted president Augusto Melo, Alvinegro had agreed to pay 1.6 million euros.

Photo: Rodrigo Coca/Agência Corinthians

The third installment, set at 800,000 euros and due on March 15, 2025, was ultimately not paid by Corinthians. In addition, the contract signed between the parties included a safeguard clause establishing that, in the event of late payment, a fine of 200,000 euros would be charged.

Midtjylland filed a claim against Corinthians with FIFA in October 2025 seeking the amount owed. The club from Parque São Jorge appealed to CAS — the final instance — but suffered another defeat. As a result, in addition to the 800,000 euros owed, Timão will also have to pay another 200,000 euros for the delay in paying the final installment.

Corinthians will also have to pay annual interest of 12%, which corresponds to a penalty of US$ 60,000 (R$ 294,000), plus procedural costs. At Corinthians for nearly two years, Charles has never managed to establish himself in the team’s starting lineup, but he has had occasional importance in some matches. In total, he has made 72 appearances for Alvinegro (37 as a starter), with 40 wins, 22 draws, and 10 losses — a 65.74% success rate — scoring two goals and providing one assist.

He was part of the historic surge in the 2024 Brasileirão (from the relegation zone to the Copa Libertadores qualifying rounds), as well as the titles in the Campeonato Paulista (2025), Copa do Brasil (2025), and Supercopa do Brasil (2026), against Palmeiras, Vasco da Gama, and Flamengo, respectively.

This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.