Corinthians paid over R$170m to clear Fifa and Brazilian debts | OneFootball

The financial liabilities accumulated by Corinthians, both in Brazilian football and in cases handled by FIFA, have had a significant impact on the club’s finances over the last two years. Between debt payments involving signings, legal settlements, and rulings, the total outlay has exceeded R$ 171 million.

On the international stage, Corinthians faced claims from attacking midfielder Matías Rojas and from clubs Santos Laguna of Mexico, Shakhtar Donetsk of Ukraine, and Talleres of Argentina. The cases are related, respectively, to the player’s contract termination and to the deals involving Félix Torres, Maycon, and Rodrigo Garro.

Photo: Rodrigo Coca/Ag. Corinthians

At the time the cases came to light, the amounts being claimed were as follows: Matías Rojas, R$ 41.2 million; Santos Laguna, R$ 41.6 million; Shakhtar Donetsk, R$ 5.4 million; and Talleres, R$ 42.5 million.

According to information published by Meu Timão, the liabilities involving Rojas, Santos Laguna, and Shakhtar alone represented an approximate cost of R$ 92 million to the club, also taking into account taxes and other financial charges. Among these cases, only the debt to the Mexican club led Corinthians to suffer a transfer ban, a punishment that remained in force between August 2025 and January of this year, ending after the debt was paid off.

The biggest outlays were precisely to settle the obligations with Matías Rojas and Santos Laguna, both above the R$ 40 million mark.

The most recent FIFA-related situation involved Talleres. In June, Corinthians made a payment of approximately R$ 42.5 million to settle the debt after failing to make the installments set out in the agreement signed in January 2024, still during the administration of former president Augusto Melo. At the time, the deal had been closed for US$ 3.6 million, an amount equivalent to around R$ 18.7 million at that period’s exchange rate.

In addition to the international cases, the club also had to resolve a punishment imposed in Brazilian football by the National Chamber for Dispute Resolution (CNRD). Since January, Corinthians has paid approximately R$ 27.3 million corresponding to the first four quarterly installments of the agreement. The fifth installment is due next Friday, the 17th.

The commitment signed with the CNRD includes debts to clubs, agents, and players. Among all creditors, Cuiabá appears as the main one, with about R$ 18 million to receive for the sale of defensive midfielder Raniele, completed in 2024. In total, the agreement covers an initial debt of close to R$ 76 million, divided into payments made every three months.

Another case that continues to affect Corinthians’ finances involves striker Pedro Raul. In September 2025, the club renegotiated the payment terms of the transfer with Toluca of Mexico. Initially, the deal provided for the payment of US$ 5 million — approximately R$ 24.5 million at the exchange rate at the time — in four installments spread between 2024 and 2025.

As there was a delay in complying with the established schedule, the amounts had to be renegotiated with the Mexicans. As a result, the debt rose to at least US$ 8 million, equivalent to around R$ 42.8 million at the current exchange rate. The new agreement provides for nine installments between 2025 and 2028. So far, according to information from the Meu Timão website, about R$ 10 million has already been paid.

Corinthians is currently dealing with two transfer bans imposed by FIFA. The first has been in force since May and was motivated by a delay in payment to the Philadelphia Union of the United States regarding the signing of defensive midfielder José Martínez. The debt is around R$ 7.7 million and prevents the club from registering new players for three transfer windows.

Last Tuesday, Timão received a new sanction from football’s governing body. FIFA imposed a disciplinary fine of US$ 225,000, equivalent to approximately R$ 1.158 million, due to the non-payment of penalties previously imposed on the club.

These fines are related to delays in the cases involving the Philadelphia Union, over the signing of José Martínez; Midtjylland of Denmark, over the purchase of defensive midfielder Charles; and New York City FC of the United States, over the renewal of striker Talles Magno’s loan in 2025. As Corinthians did not make the payment within the deadline, it ended up receiving a new punishment.

In addition, the club may still face another penalty. The Court of Arbitration for Sport (CAS) ruled that Corinthians must pay more than R$ 6 million to Midtjylland due to non-compliance with the agreement signed in the transfer of Charles, completed in the second half of 2024, during Augusto Melo’s administration.

The issue involving Talles Magno also remains unresolved. In early June, FIFA ordered Corinthians to pay US$ 850,000 — about R$ 4.2 million at the exchange rate at the time — to New York City FC after the club failed to make the payment due for the extension of the striker’s loan, agreed in April 2025.

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