Corinthians begin RCE payments as civil-case debt climbs to R$224.9m | OneFootball

According to Globo.com, Corinthians have a R$131 million deficit and expect to raise funds through mid-year player sales. The club has begun payments under the Centralised Enforcement Regime, paying R$5.2 million across the first two instalments, yet the civil-case debt rose to R$224.9 million because of interest.

A creditors list filed in April 2025 put the total at R$190.8 million, which increased to R$192.7 million by September. With the plan approved by the courts in January this year, payments started in March, calculated on February recurring revenue.

By March the corrected total had reached R$227.9 million after creditors questioned figures in 2025, with the difference attributed to Selic-related correction. That month Corinthians paid R$2.5 million, trimming the balance to R$225.3 million.

In April interest lifted the amount to R$227.6 million, then a R$2.6 million instalment cut it to R$224.9 million. The RCE covers around R$450 million overall, of which R$191 million relates to cases already under execution.

The programme currently spans 32 lawsuits tied to 23 creditors. Among the largest are Giuliano Bertolucci at R$76.9 million and Bertolucci Assessoria e Propaganda Esportiva at R$11.4 million.

It includes sums owed to agents, suppliers and players for image rights pursued through the courts, but excludes tax debts and the Neo Química Arena financing with Caixa Econômica Federal. The club has 10 years to settle the obligations, with monthly payments rising from four percent of recurring revenue in year one to five percent in year two and six percent from year three.

The arrangement removes repeated bank account blocks and is intended to give greater predictability to costs, seen as a key step in restructuring. Corinthians’ gross debt is about R$2.7 billion.

Source: Globo.com