Central do Timão
·16 September 2026
Corinthians address complaint against Osmar Stabile, explain security hire

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Yahoo sportsCentral do Timão
·16 September 2026

Corinthians officially spoke out on the morning of this Wednesday (16) regarding the complaint filed by the São Paulo Public Prosecutor’s Office against president Osmar Stabile. In a statement, the club defended the circumstances that led to the hiring of the company responsible for the president’s security and stressed that the accusation will still be analyzed by the Judiciary.
The statement comes one day after the São Paulo Public Prosecutor’s Office filed a complaint against Stabile for alleged aggravated embezzlement related to payments made by Corinthians to Bear Security. According to the accusation, approximately R$ 721,000 were paid to the company between July 2025 and August of this year. It will be up to the courts to decide whether to accept or reject the complaint.

Photo: Rodrigo Coca/Corinthians Agency
In addition to the complaint, the Public Prosecutor’s Office requested precautionary measures against the executive, including a ban on entering the club’s premises, contacting witnesses and executives, and institutionally representing Corinthians. Restrictions on travel and the suspension of the exercise of associative functions were also requested. So far, these are requests submitted to the courts, not measures already imposed on the president.
Club justifies security hiring
In its statement, Corinthians argued that the hiring of the team took place because of risks to the safety of Stabile and his family related to his role as president.
The club also linked the urgency of the service to the circumstances under which the executive took command of the institution. Stabile initially assumed the presidency after Augusto Melo was removed and later remained in office after the impeachment process, a scenario that, according to the version presented by Corinthians, did not allow for a conventional transition.
The board also argues that it was necessary to quickly rely on trusted professionals for a function considered sensitive. According to the statement, the amounts allocated to the service would be in line with market rates for activities with similar characteristics.
Corinthians disputes point about private expenses
Another aspect addressed by the club was Stabile’s prior relationship with some of the security professionals. In the version presented by Corinthians, the services hired by the institution have a different scope from those previously paid for by the executive himself. Therefore, the club rejects the interpretation that it merely began covering a personal expense that already existed before the hiring.
The Public Prosecutor’s Office presents a different interpretation. According to the MP-SP, club funds were allegedly used to pay for Stabile’s personal security and possibly that of family members. The complaint cites tax documents, records, and elements gathered during the investigation to support the accusation.
The Public Prosecutor’s Office also requested the freezing of R$ 721,000 in the president’s assets seeking possible reimbursement to Corinthians, and another R$ 540,800 related to compensation for moral damages resulting, according to the accusation, from institutional and reputational harm.
Osmar Stabile remains in office as president while the requests submitted by the Public Prosecutor’s Office await judicial review. If the complaint is accepted by the courts, the executive will formally face the case and may present his defense and evidence.
In closing its statement this Wednesday, Corinthians said it intends to cooperate with the investigations and make the requested documents and clarifications available to the authorities.
Read Corinthians’ full official statement
“Sport Club Corinthians Paulista clarifies that the complaint filed by the Public Prosecutor’s Office against president Osmar Stábile constitutes an accusation subject to analysis by the Judiciary, which may accept or reject it. Its filing does not represent a conviction, nor proof of criminal responsibility.
The hiring of the aforementioned security company took place in light of risks to the safety of the president and his family, related to his role as Corinthians president. This scenario required the urgent hiring of a new team, with professionals trusted by the president to carry out the sensitive activity of personal protection.
It is important to recall that Mr. Osmar Stábile assumed the Club’s presidency after the impeachment process of the previous president, so he was unable to benefit from the standard electoral transition period, which made the hiring of such services urgent. We also stress that the amounts paid are compatible with market rates for services of equivalent nature, scope, and complexity.
The hiring has a different scope, broader and more complex than the services previously provided by security professionals on a private basis and paid for with Mr. Osmar Stábile’s personal funds. The prior relationship with some of these professionals does not mean that Corinthians simply took over a preexisting private expense.
Sport Club Corinthians Paulista and its president reaffirm their commitment to transparency, the protection of the institution’s assets, and respect for the authorities. The Club will fully cooperate with the investigations, providing the necessary documents and clarifications, with full interest in clarifying the facts.”
This article was translated into English by Artificial Intelligence. You can read the original version in 🇧🇷 here.