Corinthians deficit climbs to R$278.705m by July, 258% above budget | OneFootball

According to Globo.com, Corinthians posted a R$278.705 million deficit across the first seven months of 2026, 258% worse than the loss budgeted for the period.

The shortfall had stood at R$246.039 million to June, meaning an extra R$32.6 million deficit in a single month.

The July balance sheet highlighted a target of net player sales by July 2026, but no departures were completed.

The administration opted to postpone deals, prioritising Copa Libertadores performance and a strategy to increase asset values. Aiming to raise 25 million euros in the mid-year window to hit the R$150 million goal, attempts involving André and Breno Bidon fell through.

At the end of July the transfer window remained open, closing only in September. Executive of football Marcelo Paz played down the missed budget target and said sales could still be completed by December, noting recent Brazil call-ups for Breno Bidon, Matheuzinho and Hugo Souza could lift valuations.

Key drivers of the overshoot were listed as R$32.525 million in 2025 Copa do Brasil prize money paid in 2026, R$6.076 million in taxes on the foreign-exchange transaction to settle the Santos Laguna debt for Félix Torres, R$150 million in unfulfilled athlete-rights sales, and R$16.307 million in contingencies and accounting review.

Source: Globo.com

“Artificial intelligence was used to assist in creating this article based on reporting from the original source quoted.”