Corinthians stadium fundraising campaign ends, see the total amount raised | OneFootball

The crowdfunding campaign to pay off the Neo Química Arena, the stadium of Corinthians, came to an end last Wednesday. The donation project, titled Doe Arena, was launched in November 2024, in partnership with Caixa Econômica Federal, and completed one year this Thursday.

The goal was to raise R$ 700 million. As of Thursday afternoon, the latest update on the amount raised was R$ 41,420,844.19, which represents 5.92% of the initial goal.

The campaign was initially expected to end in May of this year. However, Gaviões da Fiel made an agreement with Caixa to extend it until the end of 2025.

In a statement released last Saturday, the main organized supporters group of Corinthians thanked all the Corinthians fans who contributed to the crowdfunding. The group also thanked the club, Caixa Econômica Federal, and the Federal Justice.

“Reaching this milestone was not easy. For a year, we faced distrust, media criticism, and a context that shook the club's credibility. But we also found thousands of Corinthians fans who were not shaken, who united to show that the passion for Corinthians is greater than any crisis,” wrote Gaviões in a statement.

The leader in contributions is the State of São Paulo, with R$ 29,191,035.81 donated. The largest donation was made by Esportes da Sorte, the current main sponsor of Corinthians.

All donated amounts are automatically redirected to a bank account. Thus, there is no management of the collected sum by any club official or members of the organized supporters group.

According to the latest balance published by Timão, the debt of the Neo Química Arena is around R$ 668 million.

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