Court approves Corinthians' RCE, club’s debt payments now centralised | OneFootball

Corinthians has obtained approval for the Centralized Execution Regime (RCE), a legal mechanism that organizes the payment of debts resulting from judicial executions filed against the club. In the decision published on Tuesday night (20), the judge concluded that Timão corrected the issues previously pointed out, submitted the documents required by law, and satisfactorily detailed how it intends to pay creditors without compromising its operations.

The decision is considered an important step in the club’s financial restructuring and establishes clear rules for settling debts, with payments scheduled to begin in March 2026, based on the revenue recorded in February.

Photo: José Manoel Idalgo/Agência Corinthians

The total value of the RCE was updated from R$ 190 million to about R$ 450 million, an increase explained by monetary adjustments and, above all, by the inclusion of new creditors in the approved plan. Although the regime was designed to cover creditors with already filed executions, Corinthians decided to broaden its scope and also include those who had the right to file lawsuits but had not yet done so, in order to ensure that all liabilities subject to the regime would be addressed. The information was initially reported by the Boletim Corinthiano channel and confirmed by Central do Timão.

With the approval, Corinthians commits to paying all creditors covered by the RCE, not just those who had already taken legal action against the club. The initiative was considered a more transparent legal solution, as it anticipates possible future executions and incorporates them into the payment plan, thus avoiding favoritism and future disputes.

In the next steps of the process, creditors will be notified by the courts to provide their banking information to enable deposits. Monthly payments will follow the schedule defined in the approved plan, with a total duration of ten years, and will be calculated based on the club’s revenue, which allocates 4% of revenue in the first year, 5% in the second, and 6% from the third year onward.

The judge also stated that up to 20% of the club’s revenue may be used to settle old debts, even those not directly included in the RCE, such as commitments with Caixa Econômica Federal, taxes, and CNRD decisions, provided they predate the regime request. If there are funds already frozen in court accounts, the court-appointed administrator must present a plan for distributing these amounts.

The approval of the RCE is seen internally as a strategic tool to provide predictability to Corinthians’ finances, reduce the volume of legal disputes, and allow the club to advance in a more structured process of financial balance.

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