Corinthians have football's worst net assets, 2025 accounts show | OneFootball

Corinthians ranks last in the net worth ranking among the main clubs in Brazilian football, according to GE, based on the financial statements for the 2025 fiscal year. The black-and-white club ended the period with a negative net worth of R$ 774.1 million, the worst figure among the teams analyzed.

According to the GE survey, net worth represents the difference between all of an institution’s assets and rights and its total financial obligations. In other words, the indicator shows how much would remain for the club if all of its assets were used to pay off its existing debts.

Photo: Disclosure/Corinthians

In Corinthians’ case, the negative result indicates that the value of its assets is not enough to cover all financial obligations. This scenario goes hand in hand with another figure recently presented in the club’s financial statements: Timão also has the largest liabilities in Brazilian football.

Despite Corinthians’ delicate financial situation, other clubs are in the opposite position in the survey. Athletico leads the national ranking and became the first Brazilian club to surpass the R$ 1 billion mark in net worth. Even after posting a deficit of R$ 58.1 million in 2025, the Paraná-based club ended the fiscal year with net worth of R$ 1.071 billion.

Next come Flamengo, Bahia, Palmeiras, and Cruzeiro, all with positive net worth. The survey also shows that a high level of indebtedness does not necessarily mean negative net worth. Flamengo, Palmeiras, Cruzeiro, and Internacional, for example, have liabilities exceeding R$ 1 billion, but still maintain enough assets to outweigh their financial obligations.

Besides Corinthians, other clubs also closed 2025 with negative net worth. Among them are Santos (-R$ 609.3 million), São Paulo (-R$ 536.2 million), Botafogo (-R$ 431.9 million), Fluminense (-R$ 185 million), Grêmio (-R$ 175.2 million), Chapecoense (-R$ 112.5 million), Ceará (-R$ 104.3 million), Coritiba (-R$ 85.9 million), Fortaleza (-R$ 73.4 million), and Sport (-R$ 21.7 million).

Check out the clubs’ net worth ranking, according to a ge survey based on the 2025 financial statements:

Positive net worth

Negative net worth

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