Loan deals, transfer ban and Fabinho: Stabile reveals latest on Corinthians | OneFootball

The president of Corinthians, Osmar Stabile, provided updates on the club’s backstage after the team’s defeat to Red Bull Bragantino this Wednesday. Among the topics discussed, the president spoke about the current transfer ban, the situation of executive Fabinho Soldado, and the possible R$ 100 million loan.

R$ 100 million loan?

Corinthians is considering the possibility of taking out a loan and advancing a payment from LFU (Liga Forte União), in an operation worth around R$ 100 million, to ease cash flow and resolve the transfer ban. The Cori (Advisory Council) has already given authorization.

However, as published by Gazeta Esportiva, Timão is still assessing the situation. The board promises to take the loan only if they deem it necessary.

“Cori has given authorization. We will see if it’s necessary or not. If it is, we have the authorization. If not, we won’t take it,” said Stabile.

End of the transfer ban?

The president of Corinthians also said that the club still does not have the resources to settle the transfer ban. Timão has been unable to register players since August due to a debt of about R$ 40 million with Santos Laguna, from Mexico, related to the signing of defender Félix Torres.

“Not yet. We are working hard to pay it. It’s not just one transfer ban, we have two and possibly others. We are working on this amount to solve the problem immediately. We are seeking resources. Cori gave authorization if we want to do it. We have a release of R$ 100 million to pay the commitments. If necessary, we already have the authorization,” he explained.

The director also said he is optimistic about reaching an agreement with Matías Rojas’ staff. The debt with the Paraguayan is estimated at R$ 45 million.

“We are dealing with this matter, we talked with Rojas’ team and we are working towards this agreement. I am confident,” he declared.

(Photo: Rodrigo Coca/Agência Corinthians)

See Corinthians’ six cases at FIFA:

Is Fabinho staying at Corinthians?

Stabile, finally, guaranteed the permanence of Fabinho Soldado. Recently, there were rumors that the executive could be fired by the president. Osmar even had a meeting with the squad to calm things down and backed the executive.

“Fabinho is staying, it’s guaranteed. Dorival too. Corinthians continues to work with the resources it has,” assured Osmar Stabile.

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