Corinthians to begin R$ 190 million debt payments after RCE approval | OneFootball

A São Paulo court has backed the prosecutor’s approval of Corinthians’ revised Centralised Enforcement Regime plan, clearing initial debt payments of R$ 190 million from March 2026.

According to Meu Timao, the club are preparing to cover the first instalment with February revenue. The plan assigns 4% in year one, 5% in year two and 6% from year three.

The club’s November 2025 balance showed revenue of R$ 629.457 million, around R$ 57 million a month, making the year-one allocation roughly R$ 2.3 million monthly.

Laspro, the court-appointed administrator, will calculate monthly amounts from turnover for court distribution to creditors. The court accepted repayment of 60% in the first six years and 40% in the following four.

It also agreed the statutory 20% of turnover covers obligations outside the RCE, including CNRD cases, taxes and sums owed to Caixa Econômica Federal for Neo Química Arena financing.

Corinthians joined the regime in December 2024 and filed a plan in February 2025, listing R$ 367 million in executed or executable civil debts.

A further R$ 510 million in civil cases deemed probable losses could be enforced, taking the total above R$ 700 million. This remains an estimate and may not materialise.

Thirty percent of funds goes to preferential creditors, including elderly, ill or pregnant claimants, claims under 60 minimum salaries, and those accepting a 30% cut. Reverse auctions with minimum 30% discounts and player sales could accelerate repayments.

Source: Meu Timao