Corinthians shell out R$16.4m in the RCE, but debt rises to R$237.4m | OneFootball

Corinthians has updated the information regarding the payment of debts included in the Centralized Enforcement Regime (RCE). According to the new figures released by the club, R$ 16.4 million has already been paid out during the first five months of the plan’s validity.

However, despite the payments made, the outstanding debt increased during the period. The debt, which had been calculated at R$ 224.9 million, rose to R$ 237.4 million. The increase occurred mainly due to interest charges and the adjustment of the amounts based on the Selic rate.

Photo: ©Rodrigo Coca / Ag. Corinthians

Among the creditors, businessman Giuliano Bertolucci appears as the one owed the largest amount. The balance related to him and Bertolucci Assessoria e Propaganda Esportiva Ltda. totals R$ 86.9 million. Next are RC Consultoria e Assessoria Esportiva Ltda., with R$ 31.4 million, and Talents Sports Ltda., with R$ 24.5 million.

The growth of the debt even after payments began is explained precisely by monetary adjustment and the inclusion of new amounts linked to two of the creditors that are part of the RCE. Before starting to follow the schedule, Corinthians estimated that the liabilities included in the regime stood at R$ 190.8 million. By the time the first installment was paid, however, the total had already reached R$ 227.9 million.

The RCE approved by the courts brings together civil cases that were already in the enforcement phase against Corinthians. The mechanism centralizes these claims and establishes a specific schedule so the club can settle the debts.

The total includes obligations being pursued in court by agents, suppliers, and players who are owed amounts related to image rights, among other creditors. Tax debts and the financing of Neo Química Arena with Caixa Econômica Federal are not included in this group. Altogether, the plan covers 40 court cases involving 23 creditors.

The largest individual balance is linked to Giuliano Pacheco Bertolucci and Bertolucci Assessoria e Propaganda Esportiva Ltda., who are owed R$ 86,927,409.11, according to the updated figures through July 28, 2026.

RC Consultoria e Assessoria Esportiva Ltda. appears in second place, with R$ 31,451,461.73. Talents Sports Ltda. has a balance of R$ 24,502,578.79.

Rounding out the list of the five largest creditors are Andre Cury, Adriana Cury, and Link Assessoria Esportiva e Propaganda Ltda., with R$ 21,727,219.42, as well as Fair Play Football Association Participações Ltda., which is owed R$ 21,485,409.98.

The agreement establishes a ten-year period for Corinthians to pay off the debts covered by the RCE. The model provides for monthly installments calculated based on the club’s recurring revenue, with percentages that gradually increase over time.

In the first year, Corinthians must allocate 4% of its recurring revenue to debt payments. The rate rises to 5% in the second year and reaches 6% from the third year of the plan onward.

In addition to organizing debt repayment, one of the main effects of joining the RCE is to prevent the freezing of funds in Corinthians’ bank accounts, which had occurred repeatedly in recent years.

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