Brasileirão giant reveals MILLIONS owed to team star 😱 | OneFootball

Corinthians has a total debt of nearly R$ 3 BILLION and owes R$ 42 million to Memphis Depay.

The club’s financial director, Emerson Piovesan, gave details about the club’s financial situation to the channel Alambrado Alvinegro.

"Today, Corinthians’ total debt stands at R$ 2.7 billion, including the stadium," the club director said on Tuesday (31).

Emerson Piovesan also revealed that Corinthians’ plan is to pay off this debt by 2031.

"If we stick to our plan, we can pay it off in five years," added Timão’s financial director.

Debt to Memphis 💰

Amid this multi-billion-real debt, Corinthians also owes millions to the team’s star player.

Financial director Emerson Piovesan revealed that the club owes R$ 42 million to Memphis.

According to one of the interviewers from Alambrado Alvinegro, Timão’s contract with Memphis was made by Emerson Piovesan’s predecessor in the role, Pedro Silveira.

"I would never have made this contract with Memphis, never. I don’t agree with it, but the contract is there and I have to honor it," Emerson Piovesan concluded.

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

📸 SERGIO LIMA - AFP or licensors