Corinthians close window well short of sales target, 2026 woes grow | OneFootball

Corinthians went through yet another transfer window without completing any sales and ended the period far from the amount projected to balance the books in 2026. According to reporting by Globo Esporte, the club intended to raise 25 million euros net, approximately R$ 148 million, through player negotiations in the middle of the year, but talks involving André and Breno Bidon did not progress to a transfer.

The stay of important players is viewed internally as positive from a sporting standpoint, especially because Timão was also unable to sign reinforcements due to the three transfer bans currently in effect. Financially, however, the situation increases the need to find other sources of revenue to make up for the amount that did not enter the club’s coffers.

Photo: Rodrigo Coca/Agência Corinthians

The target for the current window had already been raised after the club went through the first transfer period of the year without selling players. Initially, the plan called for raising 12.5 million euros, around R$ 75 million, by March through negotiations involving federative rights. The board, however, prioritized keeping the squad together at that time.

Without the expected revenue at the start of the season, the need for the following window increased to 25 million euros net. The period came to an end without Corinthians managing to complete any of the main negotiations under discussion.

André and Breno Bidon were at the center of negotiations

Two names from the Corinthians squad drew interest from the international market during the window: André and Breno Bidon. Despite the talks, neither of them left Parque São Jorge.

In André’s case, Nottingham Forest of England submitted an offer of 12 million euros, approximately R$ 72 million. Corinthians, however, was seeking higher figures to let the player go.

According to ge, the black-and-white club’s asking price was 15 million pounds, around R$ 105 million, in addition to another 6 million pounds, approximately R$ 40 million, in bonuses. The English club did not submit a new proposal after Corinthians’ asking price, and the deal did not move forward.

Breno Bidon was also involved in talks during the final days of the window. Beşiktaş of Turkey signaled a deal worth 18 million euros, approximately R$ 107 million, split between 12 million euros paid upfront and another 6 million euros in installments.

The offer, however, was not formally submitted by the Turkish club within the required time frame. Given the proximity of the window closing in the country, the midfielder’s agent ended the talks.

As a result, Corinthians kept two important assets from a sporting perspective, but also failed to secure sums that could have reduced the gap to the target that had been set.

Budget projected R$ 151 million from player rights

The difficulty in turning squad assets into revenue carries even more weight in light of the figures forecast in Corinthians’ budget for the season.

For 2026, the club’s plan set revenue of R$ 151 million through the transfer of federative rights and amounts stemming from FIFA’s solidarity mechanism. By June, however, the recorded total in this segment was only R$ 2.978 million.

The gap comes in a season in which the finances are already showing negative numbers. Also according to ge, Corinthians closed the first half of 2026 with an accumulated deficit of R$ 246 million, a figure 78% higher than what had been projected for the period.

Without reaching the planned revenue in the two transfer windows, the Financial Department is now evaluating ways to try to make up for part of the money that had been included in the budget.

Revenue advance appears among the possibilities

One of the alternatives being analyzed by Corinthians is to turn to revenue that would originally only enter the club’s coffers next season. As already reported by ge, there is a possibility that the club could bring forward up to 30% of the revenue projected for 2027.

The measure would serve as a way to obtain resources in the short term in light of the financial imbalance in 2026. On the other hand, any such advance would also mean using now part of the amounts that would be available in next year’s budget.

The situation places the board before two distinct realities. On the field, Corinthians managed to go through the window without losing André and Breno Bidon, valued players who are part of the club’s sporting plans. Off it, the club ends the period without reaching revenue considered important for its financial planning.

The situation was also worsened by the penalties preventing the registration of new players. With three transfer bans in effect, Corinthians went through the entire window without strengthening the squad and, at the same time, chose not to accept the terms offered to negotiate some of its main assets.

Now, with the main international markets closed and the sales target unmet, the club will need to seek other solutions to reduce the impact of the amount it failed to raise and manage a budget that already shows a significant deficit in 2026.

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