Corinthians post R$ 246m half-year deficit as total debt hits R$ 2.8bn | OneFootball

Corinthians closed the first half of 2026 with a R$ 246.039 million deficit, 78.3% worse than the R$ 138.028 million shortfall budgeted. Total debt stood at R$ 2.8 billion.

According to Meu Timao, the club’s balance sheet links the overshoot mainly to one-off costs not budgeted, including R$ 32.525 million in 2025 Copa do Brasil bonuses processed in January, and R$ 6.076 million in taxes on the payment to Santos Laguna for Félix Torres, a liability that had prompted a transfer ban earlier this year.

The plan also assumed R$ 75 million net from player sales in the first window, which did not materialise. Corinthians kept key players to prioritise Libertadores performance and potential appreciation, despite enquiries for André Luiz, Yuri Alberto and Gui Negão.

The mid-year target was €25 million, about R$ 149 million at the club’s rate, to hit the 2026 budget, but with major windows closing that now looks unlikely. Nottingham Forest have signalled the intention to offer £13 million fixed plus £3 million in add-ons for 70% of André Luiz’s rights, and the English window shuts on Tuesday at 19:00 Brasília time.

Sponsorship and advertising led income at R$ 141.8 million, lifted by a richer Esportes da Sorte deal and a new Nike contract, while broadcast rights brought R$ 124.9 million. Gross football revenue reached R$ 415.293 million and expenses rose to R$ 389.336 million, driven by personnel costs of R$ 283.976 million. Debt is reported under ANRESF parameters.

Source: Meu Timao

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