⚠️ Corinthians confirm Memphis is no longer at the club | OneFootball

The "saga" over Memphis Depay’s contract renewal with Corinthians came to an end on Tuesday afternoon (11).

And the 32-year-old Dutch forward is no longer a Timão player.

Corinthians justified the decision by citing the club’s "financial health."

Talks over a possible renewal resumed after the World Cup, since his contract only ran until June 30.

Memphis had even attended Corinthians vs. Internacional in the Copa do Brasil, indicating that the signing was only a matter of time.

He leaves the club after making 79 appearances, with 20 goals and 15 assists. He won the Paulista Championship and the Copa do Brasil in 2025, as well as this year’s Supercopa do Brasil.

The current season had consisted of only fourteen matches and one goal before he went on to represent the Netherlands at the World Cup.

See the full statement below:

Sport Club Corinthians Paulista has decided not to renew the contract of athlete Memphis Depay. This decision was made solely and exclusively with the financial health of our institution in mind, which requires strict balance and responsibility in the management of available resources.

We would like to express our deep gratitude to player Memphis Depay and his entire staff, who sought the best possible agreement from the very beginning of negotiations.

To the athlete in particular, the Club is eternally grateful for his dedication and for the results achieved throughout his time with us, which include 79 matches played, 20 goals scored and, above all, the winning of three important titles: the Paulista Championship and the Copa do Brasil, in 2025; and the Supercopa Rei, in 2026. These achievements will certainly remain a fundamental part of Corinthians’ history.

We understand that the process extended beyond the traditional deadline, but that was mainly due to the fact that we were dealing with a special athlete.

The Board also recognizes and values the tireless efforts of all departments within the institution that worked to make the athlete’s stay possible.

However, after careful analysis, exclusively financial reasons and the commitment to responsible Club management prevailed.

Given Corinthians’ current and future financial obligations, it became clear that taking on a new commitment of this magnitude would not, at this time, be compatible with the financial balance we need to preserve in order to ensure the institution’s sustainability.

We recognize that this was a difficult decision, but without a doubt a necessary one for the future of Sport Club Corinthians Paulista.

To clarify any possible doubts and discuss this matter in greater detail, the Club will organize a press conference in the coming days, at which president Osmar Stabile will be available to provide all necessary clarifications.

We appreciate everyone’s understanding and will continue working so that Corinthians remains strong, solid, and victorious.

Sincerely,

Osmar Stabile President Sport Club Corinthians Paulista

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

📸 MIGUEL SCHINCARIOL - AFP or licensors