Corinthians 2025 accounts approved as Osmar Stabile defends accounting of tax deal | OneFootball

Corinthians’ 2025 accounts were approved 106-68 by the Conselho Deliberativo on Monday night, with president Osmar Stabile saying the review was exhaustive and transparent. According to Meu Timao, the period spans Augusto Melo’s and Stabile’s administrations, the latter taking over in May last year after Melo’s suspension.

The session at Parque São Jorge’s theatre drew 178 councillors, with four ineligible because they hold posts on the current board.

The club recorded a R$ 143 million deficit for 2025 and total debt of R$ 2.7 billion. Revenue topped budget by 17%, but expenses were 22% over plan. Cori and the CF cleared them with reservations last week, but this vote did not allow that.

Stabile said liabilities reflect inherited cases, noting two transfer bans, one from FIFA and one from the CBF, and debts inflated by interest, for example a R$ 18 million obligation rising to R$ 41 million. He added Santos Laguna had been paid and Talleres is the priority to settle by week’s end.

Debate centred on more than R$ 200 million in savings from a February settlement with the federal Union being recognised in 2025. Auditor Parker Russell and some councillors said it belonged in 2026. Stabile argued that booking costs in 2025 and revenue in 2026 would misstate performance and create a paper surplus.

The Conselho Deliberativo meets again on Wednesday to decide which statute reform items go to the General Assembly. Stabile said the matters are separate and he expects a normal meeting.

Source: Meu Timao