Corinthians' 2026 budget approved, club expects R$12 million surplus

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Central do Timão

·16 de diciembre de 2025

Corinthians' 2026 budget approved, club expects R$12 million surplus

By Henrique Pereira / Central do Timão Editorial Team

The Corinthians Deliberative Council approved the club's budget for the 2026 fiscal year on the evening of last Monday (15). The document presented by President Osmar Stabile's administration received 129 favorable votes among the 139 council members who attended the meeting.

The approval represents significant support for the current administration, which has been working internally to bring historically divergent political groups closer and form a coalition within the club. For 2026, the financial plan includes expense cuts, a reduction in the payroll, and progress in paying off interest on a debt estimated at around R$ 2.7 billion.

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Photo:: José Manoel Idalgo/ Agência Corinthians

The projection is to end the next year with a surplus of R$ 12 million. The operational result, known as EBITDA, is estimated at R$ 320 million.

One of the main points of the budget is the reduction in personnel expenses. The expectation is to close 2025 with R$ 505 million in expenses in this area and reduce this amount to R$ 410 million in 2026, a decrease of 19%. Specifically in football, the forecast is to cut expenses from R$ 435 million to R$ 354 million.

In practice, the football department's payroll is expected to shrink by about R$ 6.2 million per month throughout 2026.

Due to the high level of debt, Corinthians estimates that it will have R$ 219 million in financial expenses next year.

To balance the accounts, the club also relies on the sale of athletes. The estimated revenue from the transfer of federative rights and amounts from FIFA's solidarity mechanism is R$ 151 million.

The main source of revenue remains broadcasting rights, with an expected revenue of R$ 335 million in 2026. Sponsorship revenues are expected to reach R$ 255 million, representing a 47% increase compared to 2025.

Excluding player sales, the projected net revenue for 2026 is R$ 806 million, R$ 94 million higher than expected for 2025.

Unlike previous years, Corinthians has chosen not to disclose performance projections in the competitions it will participate in 2026, a factor that usually directly impacts revenue from prizes and television quotas.

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