Corinthians’ finances: Talleres debt and Memphis renewal explained | OneFootball

The Corinthians is going through a delicate financial moment and has adopted a 'priorities' system to settle debts with creditors. The Timão is focused on avoiding new sports sanctions after the Félix Torres case. At that time, the club did not pay Santos Laguna, from Mexico, and suffered a transfer ban in August 2025, which was lifted only in January of this year.

With this goal, the club's management paid Félix Laguna and managed to lift the transfer ban. The club also made an important agreement with Matías Rojas at the beginning of the year and settled a debt of R$ 41.2 million with the player, avoiding a new transfer ban. Salaries, image rights, and promised bonuses to players are also up to date, according to Marcelo Paz, the football director.

Other issues are still pending. The contract of Memphis Depay, for example, is nearing its end and expires on the upcoming June 20. However, Corinthians' priority is to resolve the debt with Talleres, from Argentina, regarding the signing of midfielder Rodrigo Garro.

“In terms of debt, we are currently prioritizing resolving the debt with Talleres, and Memphis knows this. We openly say that we are trying to resolve this. Soon, we will seek to balance the debt with him, and he understands this, he is a person of high intellectual level and is very Corinthians, he understands, wants Corinthians to be well. Logically, within a few days, we will talk to him, with his staff, to seek to balance this debt,” explained Marcelo Paz.

(Photo: Rodrigo Corsi/Ag.Paulistão)

Talleres took Corinthians to FIFA back in June 2024. The club from Parque São Jorge was ordered, in February of last year, to pay around R$ 30 million but appealed to CAS (Court of Arbitration for Sport), which has not yet issued a decision on the case. To try to resolve the situation, president Osmar Stabile traveled to Córdoba to meet directly with Andrés Fassi, the leader of the Argentine team.

The debt for the acquisition of Rodrigo Garro, in the view of the Argentine club, is already around 7 million dollars (R$ 37.6 million at the current exchange rate) due to the interest accumulated since 2024.

“We are working on renegotiating the debt with Talleres to avoid a transfer ban. It should be noted that president Osmar was in Argentina, was very well received by president Andrés Fassi, this is a grand institutional gesture, he was received at Fassi's house. This facilitates an agreement that is being discussed to be resolved with the participation of president Osmar and the club's financial sector. Once this is resolved, we will move on to another situation, in the case of Memphis,” stated Paz.

And the debt with Memphis?

Before considering renewing with Memphis, Corinthians needs to resolve the financial issues it has with the player. The club's debt with the Dutchman, as revealed by Gazeta Esportiva, already exceeds R$ 34 million. Timão is still seeking an agreement to parcel the debt, but made a proposal that irritated the striker's staff in mid-January.

“What is balancing? It is agreeing on how it will be paid. It won't be all at once. Once this debt is balanced, we can take the next step, which is to think about renewal. I understand that Corinthians wants it, I understand that he wants it. We need to talk, but we still have to resolve this debt with him and address the renewal,” commented the director.

According to Marcelo Paz, the ideal would be to conclude Memphis' renewal before the World Cup, which will serve as a showcase for the Netherlands' number 10. The director did not give a date to start talks but said he understands it should be done “as soon as possible.” On the other hand, he decided not to answer whether the new contract will be in the same terms as the current one.

“I will not anticipate or talk about that because I would be revealing a strategy. Transparency has a limit, and it is when it comes to strategy. I will not go into that detail. What I can guarantee is that we will always seek to do something that is viable for Corinthians,” concluded the executive.

Memphis Depay, it is worth remembering, can already sign a pre-contract with any team.

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