Corinthians take out company loan to pay Talleres for Garro | OneFootball

The agreement between Corinthians and Talleres for Rodrigo Garro has already been settled between the clubs, and now Timão is rushing through the bureaucratic procedures to finalize the deal, as first reported by Central do Timão last Friday (10).

The new information obtained by Central do Timão is that Corinthians reached an agreement with Outfield, a company focused on investments, intelligence, and strategy for sports and entertainment, for the payment of 50% of the value of Corinthians’ debt to Talleres, an amount close to 20 million reais.

Photo: Marcelo Endelli/Getty Images

The negotiation with Outfield was closed with an agreement at 1% annual interest + CDI (Interbank Deposit Certificate), according to information obtained by Central do Timão from members of the club’s board. The amount is considered below market rates by financial market sources consulted by the report, considering the recent example in which the company took part in creating rival São Paulo’s FIDC, in a deal signed at the time with 5% annual interest + CDI.

These figures from the debt agreement for Garro were presented to CORI (Advisory Council of the Deliberative Council) last week, when members of the Financial Department presented the numbers to the body’s members, who approved the deal, concluding that acceptance was necessary in order to avoid another transfer ban, according to members of the body speaking to the report.

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